Everything You Should Know Before Moving to Richardson, TX
Thinking of moving to Richardson, TX? With a population nearing 120,000, Richardson offers an affordable suburban lifestyle, with median home prices around $398,000 and average rents at $1,640. The city boasts strong educational opportunities, a vibrant economy, and highly rated schools, while enjoying a sunny climate with 62% sunny days yearly. Commute times are moderate at 26 minutes, and crime rates remain below national averages, making Richardson a great choice for families and professionals alike.
Demographics - Richardson, TX
Demographics - Richardson, TX
Richardson is home to nearly 120,000 residents, featuring a diverse community with significant White, Asian, and Black populations, and a median age of 37.6. The city is notably multicultural, with over 23% of residents speaking a language other than English at home. Balanced gender ratios and a relatively high population density create a dynamic urban-suburban environment.
Population:
119,469
Density:
4,030 per sq mi
Median Age:
37.6
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
23.1%

Ethnic Composition
White:
48.2%
Black:
15.8%
Asian:
21.4%
Others:
14.6%
Cost Of Living
What is the average cost of living in Richardson, TX?
Richardson has a cost of living index slightly above the national average, with median home values at $398,000 and typical rents around $1,640 per month. State income taxes are nonexistent in Texas, helping offset higher housing expenses. Utilities and everyday costs remain moderate, making the city a balanced choice for affordability and amenities.
Median House Value:
$398,000
Gross Rent:
$1,640
Monthly Electricity Charges:
$140
Auto Insurance:
$1,600
House Owner Cost With Mortgage:
$2,050
House Owner Cost Without Mortgage:
$655
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
110.4
Grocery:
101.7
Housing:
117.9
Utilities:
106.2
Transportation:
105.3
Health Care:
102.8
Miscellaneous:
98.5
Crime
Is Richardson, TX a safe place to live?
Richardson experiences lower-than-average violent crime, with a rate of 218 incidents per 100,000 residents, and a property crime rate that gives residents a 1 in 46 chance annually. Overall, the city maintains a safe environment, making it appealing to families and professionals seeking peace of mind. Active community policing contributes to the city's positive safety reputation.
Violent Crimes Per 100k:
218
Property Crimes Per 100k:
2,175
Crime Index:
2,393
Chance Of Violent Crime:
1 in 458
Chance Of Property Crime:
1 in 46
Weather
What is the weather like in Richardson, TX year-round?
Richardson enjoys a warm climate, featuring hot summers with highs near 96°F and mild winters that rarely drop below 36°F. The area receives about 39 inches of rain annually and basks in sunshine 62% of the year. These pleasant weather patterns encourage an active, outdoor lifestyle.

Winter
Min:
36°F
Max:
57°F

Spring
Min:
54°F
Max:
77°F

Summer
Min:
73°F
Max:
96°F

Fall
Min:
53°F
Max:
78°F
Average Rainfall Inches:
39.2 inches
Sunny Days Percentage:
62%
Neighbors
Residents of Richardson benefit from a strong economic profile, with median household incomes approaching $97,000 and a low unemployment rate of 3.5%. The community is well-educated—over half hold a bachelor’s degree or higher—and commute times average about 26 minutes. A low poverty rate and diverse backgrounds contribute to Richardson’s welcoming atmosphere.
Median Income:
$44,750
Household Income:
$96,900
Family Income:
$117,200
Per Capita Income:
$44,200
Income Male:
$58,000
Income Female:
$46,500
Poverty Rate:
8.6%
Non English Speakers:
23.1%
Rent:
$1,640
Unemployment Rate:
3.5%
Public Transport Usage:
3.2%
Commute Time:
26.2 minutes

Education
High School or Higher:
94.1%
Bachelors or More:
53.5%
Education
How are the schools in Richardson, TX?
Richardson is recognized for its strong educational offerings, including highly rated public and private schools and the presence of The University of Texas at Dallas. The city boasts high educational attainment, with over 53% of adults holding a bachelor’s degree or higher. Families benefit from diverse schooling options and access to major higher education institutions.

Public Schools
Name:
Richardson High School
Street:
1250 W Belt Line Rd
Phone:
469-593-3000
Students:
2,700
Student Teacher Ratio:
15.5
Name:
Arapaho Classical Magnet School
Street:
1300 Cypress Dr
Phone:
469-593-6400
Students:
640
Student Teacher Ratio:
15.2

Private Schools
Name:
St. Joseph Catholic School
Street:
600 S Jupiter Rd
Phone:
972-234-4679
Students:
310

Colleges
Name:
The University of Texas at Dallas
City:
Richardson
State:
TX
Distance:
0 miles
Students:
31,750
Name:
Richland College
City:
Dallas
State:
TX
Distance:
7 miles
Students:
20,000
Healthcare
Richardson offers quality healthcare, anchored by two major hospitals—Methodist Richardson Medical Center and Medical City Richardson—both providing emergency services. With 2.3 physicians per 1,000 people and nearly 89% health insurance coverage, residents have good access to medical care. The city’s healthcare index reflects strong services for families and individuals alike.

Major Hospitals
Name:
Methodist Richardson Medical Center
Address:
2831 E President George Bush Hwy, Richardson, TX 75082
Phone:
(469) 204-1000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Medical City Richardson
Address:
401 W Campbell Rd, Richardson, TX 75080
Phone:
(972) 498-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
88.5%
Health Care Index:
78.8
Housing Market
What is the housing market like in Richardson, TX?
Richardson’s housing market features a median home price of $398,000 and average two-bedroom rents at $1,640, with home values appreciating at 4.3% over the past year. About 59% of residents own their homes, and vacancy rates remain moderate, reflecting steady demand. Foreclosure rates are low, making it a stable market for buyers and renters.
Median Home Price:
$398,000
Average Rent For 2 Bedroom:
$1,640
Owner Occupied Rate:
59.4%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
2.2%
Foreclosure Rate:
0.4%
DMV Information
Vehicle registration and licensing in Richardson are managed by the Texas Department of Motor Vehicles, with convenient online resources available at txdmv.gov. Residents can access statewide DMV services and support by phone or in person at the Austin headquarters. Texas offers streamlined vehicle services for new and established residents alike.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Avenue, Austin, TX 78731
Phone:
1-888-368-4689
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.