Richardson

Population: 118,269
Median household income: $96,257
Median home value: $405,600

Located in Dallas County, Texas, Richardson is a community with a population of 118,269. At $96,257, its median household income sits above Dallas County's $74,149.

From 2019 to 2023, Richardson's population grew 1.6% from 116,432 to 118,269, while its median home value rose 47.9% from $274,200 to $405,600.

The median gross rent is $1,825. 56.2% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 118,269
Median age: 34.0 yrs
Median household income: $96,257
Median home value: $405,600
Median gross rent: $1,825
Housing units: 47,827
Homeownership rate: 50.8%
Bachelor's degree or higher: 56.2%
Unemployment rate: 4.8%

Trends

ACS 5-year · 2019–2023

Population

116,432118,269

Median household income

$85,678$96,257

Median home value

$274,200$405,600

Median gross rent

$1,403$1,825

Year	Population	Median household income	Median home value	Median gross rent
2019	116,432	$85,678	$274,200	$1,403
2020	118,583	$85,350	$295,500	$1,452
2021	115,904	$87,720	$326,900	$1,555
2022	118,063	$94,362	$379,800	$1,725
2023	118,269	$96,257	$405,600	$1,825

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.6%

5 to 1714.1%

18 to 2413.1%

25 to 3418.1%

35 to 4412.7%

45 to 5412.3%

55 to 6410.4%

65 to 747.4%

75 and over5.2%

	Count	Share
Under 5	7,854	6.6%
5 to 17	16,649	14.1%
18 to 24	15,481	13.1%
25 to 34	21,355	18.1%
35 to 44	15,037	12.7%
45 to 54	14,564	12.3%
55 to 64	12,351	10.4%
65 to 74	8,803	7.4%
75 and over	6,175	5.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	58,806	49.7%
Black or African American	14,960	12.6%
American Indian & Alaska Native	211	0.2%
Asian	18,570	15.7%
Native Hawaiian & Pacific Islander	51	0.0%
Some other race	668	0.6%
Two or more races	4,387	3.7%
Hispanic or Latino (any race)	20,616	17.4%

Educational attainment (age 25+)

No high school diploma6.8%

High school graduate11.9%

Some college or associate's25.0%

Bachelor's degree33.1%

Graduate or professional degree23.1%

	Count	Share
No high school diploma	5,344	6.8%
High school graduate	9,349	11.9%
Some college or associate's	19,560	25.0%
Bachelor's degree	25,922	33.1%
Graduate or professional degree	18,110	23.1%

Commute to work

Mean travel time to work: 24 min

Drove alone63.4%

Carpooled6.6%

Public transit2.4%

Walked2.8%

Bicycle0.2%

Worked from home23.2%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	40,615	63.4%
Carpooled	4,250	6.6%
Public transit	1,526	2.4%
Walked	1,791	2.8%
Bicycle	116	0.2%
Worked from home	14,838	23.2%
Other means	908	1.4%

Travel time

	Count	Share
Under 15 min	12,525	25.5%
15 to 29 min	19,196	39.0%
30 to 44 min	11,845	24.1%
45 to 59 min	3,396	6.9%
60+ min	2,244	4.6%

Households

Average household size: 2.51
Poverty rate: 10.1% (11,518 of 113,978)

	Count	Share
Family households	27,985	61.6%
Nonfamily households	17,459	38.4%

Housing

Median year structure built: 1985

Occupancy

	Count	Share
Occupied	45,444	95.0%
Vacant	2,383	5.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	23,104	50.8%
Renter-occupied	22,340	49.2%

1-unit, detached54.1%

1-unit, attached3.8%

2 to 4 units6.0%

5 to 19 units10.6%

20 or more units25.3%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	25,875	54.1%
1-unit, attached	1,835	3.8%
2 to 4 units	2,859	6.0%
5 to 19 units	5,089	10.6%
20 or more units	12,088	25.3%
Mobile home & other	81	0.2%

Geography

Place GEOID: 4861796
Type (LSAD): 25
Land area: 29 sq mi
Water area: 0.09 sq mi
Center point: 32.9723, -96.7081