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Richardson, TX

Full City Profile · Texas · Dallas County County

3.8 /5.0
B+ Good
118,269 Population 4,141/sq mi density
$96,257 Median Income $50,398 per capita
$405,600 Home Value $437,800 Zillow
$1,825 Median Rent 29.7% income on rent
68°F Avg Temperature 304 sunny days/yr
144 Violent Crime/100K 1,839 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$96,257 median income, 3.4% unemployment
A
Affordability
4.3 / 5.0
$405,600 home value, $1,825/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
A+
Education
5.0 / 5.0
56.2% bachelor's degree or higher

Income Overview

Median Household Income
$96,257
28% above
US avg: $75,149
Per Capita Income
$50,398
29% above
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
5.5%
56% below
US avg: 12.4%

Income Comparison: Richardson vs. U.S. Average

Each bar shows Richardson’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$96,257
128%
Per Capita
US: $39,052
$50,398
129%
IRS Avg AGI
US: $72,000
$106,567
148%
Avg Weekly Wage
US: $1,432
$1,717
120%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,717
20% above US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
23.2%
53% above US avg (15.2%)
Drive Alone
63.4%
13% below US avg (73.2%)
Public Transit
2.4%
52% below US avg (5.0%)
County GDP
$389,402M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 63.4%
Public Transit 2.4%
Work From Home 23.2%
Other 11%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
84,182
Restaurants
6,468
Healthcare
8,134
Retail
7,794
Manufacturing
2,190

Tax & Financial

IRS Avg Adjusted Gross Income
$106,567
48% above US avg ($72,000)
Avg Property Tax
$14,198
306% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$96,257
Per Capita Income$50,398
IRS Avg Adjusted Gross Income$106,567
Avg Weekly Wage$1,717
County GDP$389,402M

Hardship Indicators

Unemployment Rate3.4%
Poverty Rate5.5%
Gini Coefficient0.492
Cost of Living Index97.1

Commute

Mean Commute24 minutes
Drive Alone63.4%
Public Transit2.4%
Work From Home23.2%

Businesses

Total Establishments84,182
Restaurants6,468
Healthcare8,134
Retail7,794
Manufacturing2,190

Tax

IRS Avg AGI$106,567
Avg Property Tax$14,198