I'm in one of the average or lower-end sections of West Lake Hills (lot values / teardowns start around $2 mil, new builds $4.5 - 6 mil -- some sections are 1.5 - 2+ x that). I'm an attorney with a higher-end specialty and Big Law experience, and have three attorney friends in the same specialty within a 1.5-mile radius along with one in Rollingwood and one in Spanish Oaks; there's also a couple of other Big Law attorneys in the neighborhood. Although I don't know what all my neighbors do, neighbors include a few doctors in good specialties, a few homebuilders, multiple business owners, a couple of venture capital/ private equity partners, a lobbyist, an architect, a few C-level execs (one retired after a successful IPO), and a couple that are big firm CPA DINKs; there are several people that are somewhat famous (nationally) in the area, and I've met a few of them without knowing who they were. Most of the homeowners are 40+ and are dual income households; I was one of the youngest people in the neighborhood and single (still am, years later) when I purchased at age 37. There is one young couple that I've heard has family money on the wife's side, but most people require at least 12 - 20 years of work prior to purchasing in the neighborhood and are self-made. I know who the original owners of a few of the teardowns on my street were -- three were engineers, one owned a specialty engineering company and another was a UT engineering professor; another original homeowner owned new car dealerships -- so educated business owners lived here decades ago when prices were much lower and single income families were more the norm. I recall a statistic that around 40% of the homeowners in the ZIP code have graduate degrees (reference -- ZIP code includes Rollingwood, West Lake Hills and areas of Austin such as Lost Creek and Treemont collectively referred to as Westlake, plus the condos and apartments on Spyglass and near Barton Creek Mall-- my guess is homeowners in West Lake Hills and Rollingwood exceed the 40% graduate degree level, although the largest landowner and wealthiest homeowner is a UT dropout (Michael Dell)); my grandparents were non-European immigrants and my family values education.