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: 103.3Richardson'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 SafeRichardson's violent crime rate is 146.7 per 100,000 residents — 61% lower than the national average of ~380 per 100,000.
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.
| Metric | Richardson, TX |
|---|---|
| Average High — January | 55.9°F |
| Average High — July | 94.3°F |
| Annual Precipitation | 40.1" |
| Annual Snowfall | 1.7" |
Demographics
| Metric | Richardson, TX | National Avg |
|---|---|---|
| Population | 118,063 | — |
| Median Age | 34.5 | 38.9 |
| Unemployment Rate | 5.0% | 3.7% |
| Avg Commute Time | 23.7 min | 26 min |
| White (non-Hispanic) | 59.0% | 59.3% |
| Black or African American | 12.6% | 13.6% |
| Hispanic or Latino | 9.4% | 18.9% |
| Asian | 15.5% | 6.3% |
| Under 18 | 21.0% | 22.2% |
| 65 and over | 12.6% | 16.8% |
Nearby Cities
ZIP Codes in Richardson
Richardson, TX is covered by 3 ZIP codes: