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Richardson city, Texas

City

Population: 118,269 (2023 estimate)

Located in Texas , Texas

Census Bureau data for Richardson city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Richardson city

What is the median household income in Richardson city?
The median household income in Richardson city is $96,257 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Richardson city?
The poverty rate in Richardson city is 5.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Richardson city?
$405,600 (U.S. Census Bureau ACS 2023).
What is the average rent in Richardson city?
The median gross rent in Richardson city is $1,825 per month (U.S. Census Bureau ACS 2023).
What percentage of Richardson city residents have a college degree?
56.2% of adults in Richardson city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
118,269
Median Income
$96,257
Median Home Value
$405,600
Poverty Rate
5.5%
Unemployment (ACS 2023)
4.8%
Median Age
34.0 yrs
Since 2019 Median Income: +$10,579 (+12.3%) Home Value: +$131,400 (+47.9%) Poverty Rate: +0.3 pp (+5.8%) Bachelor's+: +3.0 pp (+5.6%) Unemployment: +1.0 pp (+26.3%)

Demographics

Total Population 118,269
Median Age 34.0
Female 52.0%
Race & Ethnicity
Hispanic or Latino 17.4% White (non-Hisp.) 49.7% Black 12.7% Asian 15.8% Two or More 9.9% Other 5.4%
Asian Subgroups (% of total pop.)
Indian
5.4%
Chinese
3.6%
Vietnamese
2.2%
Korean
0.9%
Filipino
0.6%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
13.1%
Puerto Rican
0.5%
Cuban
0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $96,257 ±$4,026
+$19,965 vs. state
Per Capita Income $127,554
Median Family Income $120,122
Poverty Rate 5.5%
-5.0 pp vs. state
Child Poverty Rate 8.0%
Working-Age Poverty Rate
SNAP Recipients 3.5%
Social Security Income
Retirement Income 17.0%
Household Income Distribution
< $10k
5.6%
$10–15k
1.4%
$15–25k
3.4%
$25–35k
4.4%
$35–50k
8.8%
$50–75k
14.9%
$75–100k
13.1%
$100–150k
20.1%
$150–200k
11.4%
$200k+
17.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 47,827
Owner-Occupied 50.8%
Renter-Occupied 49.2%
Vacancy Rate 5.0%
Median Home Value $405,600
+$145,200 vs. state
Median Gross Rent $1,825
Owner Cost Burden (30%+) 18.9%
Renter Cost Burden (30%+) 38.0%
Home Value Distribution
< $50k
1.9%
$50–100k
0.4%
$100–200k
1.0%
$200–300k
13.7%
$300–500k
51.2%
$500k–$1M
25.1%
$1M+
2.0%
Gross Rent Distribution
< $500
1.2%
$500–1k
2.6%
$1–1.5k
22.3%
$1.5–2k
36.6%
$2–2.5k
24.9%
$2.5–3.5k
9.0%
$3.5k+
3.3%
Vehicle Availability
No vehicle
5.5%
1 vehicle
37.7%
2 vehicles
38.6%
3+
18.2%
Housing Type
Single-fam. det.
54.1%
Single-fam. att.
3.8%
2–4 units
1.0%
5–19 units
5.8%
20+ units
25.3%
Mobile home
0.2%
Housing Age
Pre-1940
0.2%
1940–1969
0.2%
1970–1999
20.8%
2000–2009
10.6%
2010+
18.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.2%
Bachelor's or Higher 56.2%
+23.1 pp vs. state
Graduate Degree 23.1%
Some College / Associate 16.7%
Less Than High School 4.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.8%
Unemployment Rate 4.8%
-0.3 pp vs. state
Work from Home 23.2%
Self-Employed 7.0%
Government Workers 11.4%
Private For-Profit 81.4%
Industry
Edu/Health
21.8%
Prof. Services
19.1%
Finance
12.4%
Retail
10.6%
Arts/Entmt.
8.0%
Manufacturing
7.4%
Construction
4.6%
Transportation
4.4%
Information
2.3%
Wholesale
2.2%
Public Admin
1.4%
Agriculture
0.5%
Occupation
Management
56.8%
Sales
20.2%
Food Prep
11.5%
Production
7.2%
Construction
4.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.9 min
Drove Alone 63.4%
Carpool 6.6%
Public Transit 2.4%
Work from Home 23.2%
Walked 2.8%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 45,444
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 47.6%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 19.5%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
6.6%
5–9
4.8%
10–14
6.2%
15–19
7.2%
20–24
9.0%
25–34
18.1%
35–44
12.7%
45–54
12.3%
55–64
5.1%
65–74
5.3%
75–84
7.4%
85+
3.6%
Under 18: 20.7% Working age (18–64): 79.3% 65 and over: 12.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 22.8%
Naturalized Citizen 52.4%
Speaks English Less Than Very Well 10.1%
Foreign-Born Origin
Asia
53.3%
Latin America
23.9%
Africa
14.4%
Europe
6.5%

Veterans & Disability

Veteran 4.6%
With a Disability 8.5%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 86.9%
Uninsured 13.1%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 94.9%
Has a Computer 98.8%
Same House 1 Year Ago 80.3%
Moved from Abroad 0.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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