Median Income
$94,362
household / year
Median Home Value
$379,800
owner-occupied
Median Rent
$1,725
gross / month
Cost of Living
103
national avg = 100

Is Richardson, TX a Good Place to Live?

Richardson is a mid-sized city of 118,063 in Texas, with a median household income of $94,362 and a 5.0% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Richardson stands out for lower-than-average crime, solid school ratings (A+), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Richardson is right for you depends on your priorities — the full breakdown is below.

All Richardson city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 103.3

Richardson's overall cost of living index is 103.3, where 100 represents the US national average. Living in Richardson costs roughly 3% more than the average American city.

Metric Richardson, TX National Avg
Median Home Value $379,800 $244,900
Median Monthly Rent $1,725 $1,163
Homeownership Rate 51.6% 65.9%
Median Household Income $94,362 $74,755

Crime & Safety

Very Safe

Richardson's violent crime rate is 146.7 per 100,000 residents — 61% lower than the national average of ~380 per 100,000.

Violent Crime
146.7 /100k
Property Crime
1833.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Richardson is served primarily by RICHARDSON ISD. The student-to-teacher ratio is 13.9:1 (better than the national average of ~16:1).

Metric Richardson, TX National Avg
School District RICHARDSON ISD —
Elementary Schools 36 —
Middle Schools 8 —
High Schools 5 —
Student/Teacher Ratio 13.9:1 16:1
Bachelor's Degree or Higher 55.5% 35.4%
High School Diploma or Higher 92.5% 91.1%

Weather & Climate

Richardson sees average highs of 55.9°F in January and 94.3°F in July, with 40.1 inches of annual precipitation and 1.7 inches of snow per year.

MetricRichardson, TX
Average High — January55.9°F
Average High — July94.3°F
Annual Precipitation40.1"
Annual Snowfall1.7"

Demographics

MetricRichardson, TXNational Avg
Population118,063—
Median Age34.538.9
Unemployment Rate5.0%3.7%
Avg Commute Time23.7 min26 min
White (non-Hispanic)59.0%59.3%
Black or African American12.6%13.6%
Hispanic or Latino9.4%18.9%
Asian15.5%6.3%
Under 1821.0%22.2%
65 and over12.6%16.8%

Nearby Cities

ZIP Codes in Richardson

Richardson, TX is covered by 3 ZIP codes:

Richardson vs Other Cities

Frequently Asked Questions

Richardson's cost of living index is 103, where 100 is the national average. That puts Richardson roughly 3% above the national average in cost. The median home price is $379,800 and median rent is $1,725/month.
Richardson's violent crime rate is 146.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1833.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Richardson are operated by RICHARDSON ISD. The district has 36 elementary, 8 middle, and 5 high schools. The student-to-teacher ratio is 13.9:1. 55.5% of adults 25+ hold a bachelor's degree or higher.
Richardson, TX has a population of 118,063, a median household income of $94,362, and an unemployment rate of 5.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Richardson averages 55.9°F in January and 94.3°F in July. Annual rainfall is 40.1 inches with about 1.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Richardson, TX is covered by 3 ZIP codes: 75080, 75081, 75082.
The population of Richardson, Texas is 118,063 with a median age of 34.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Richardson: cost of living index 103 (100 = US average), median home $379,800, median household income $94,362, crime index 58 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Richardson side by side with your current city to see the trade-offs.