Richardson
Realust Score
78
↗
+0.0%
1-year
↗
+30.8%
5-year
'20 '21 '22 '23 '24 '25
Growing
• 63% velocity
Snapshot
Richardson offers mature suburban convenience with corporate employment density and central location immediately north of Dallas along US 75 and DART rail, attracting diverse professionals, telecom workers, and practical buyers seeking walkable urbanism, shorter commutes, and affordable alternatives to pricier northern suburbs despite older housing stock and mixed neighborhood quality. This established city of approximately 120,000 residents features the massive Telecom Corridor employment hub with Ericsson and AT&T presence, walkable downtown Galatyn Park with high-rises and DART station, older single-family neighborhoods from 1960s-1980s, and eclectic character where internationally diverse dining along Belt Line meets established residential streets creating cosmopolitan suburban blend rarely found in newer developments.
The housing market delivers exceptional value with significantly lower prices than neighboring Plano, older homes with renovation potential, townhomes and condos near transit, attracting first-time buyers priced out of northern suburbs, corporate professionals working in Telecom Corridor with five-minute commutes, and urban-minded buyers wanting walkability and transit access over sprawling master-planned sameness. Richardson ISD and Plano ISD both serve sections with solid academics though not matching Plano's elite reputation, while the city provides excellent parks, extensive trails, diverse international dining rivaling much larger cities, and DART rail enabling car-free commutes to downtown Dallas and DFW Airport, perfect for those prioritizing location and practicality over prestige where older infrastructure unlocks central positioning and lifestyle flexibility.
Best For:
Tech Professionals
UTD Affiliates
DART Commuters
Diverse Food Lovers
118,063
Population
$455,000
Median Home Price
$94,362
Median Income
5.6/10
School Rating
✓ Pros
- Strong job market nearby – Tons of tech and corporate employers within the city
- Central to Dallas, Plano, and North Dallas business areas
- One of the best suburbs for DART rail access
- Diverse, welcoming community – Cultural variety reflected in schools and restaurants
- Extensive trail system and well-maintained parks
✗ Cons
- Many homes built in the 70s–90s may need updates
- Property taxes on par with other inner-ring Dallas suburbs
- Traffic on major roads – US-75 and Belt Line can get congested
- Fewer master-planned communities and brand-new developments
- School quality varies by zone
Best for Commuters
78
Realust Score
B+ – Very Good
72
💰 Prosperity
80
🎓 Schools
69
🛡️ Safety
86
🌳 Lifestyle
72
🏷️ Affordability
81
📊 Market
81
🚗 Commute
67
📈 Growth
Demographics
Population
118,063
Total Population
4,139.0
People per sq mile
+3.4%
5-Year Growth
Mobility & Migration
19.9%
Moved Last Year
80.1%
Same Home 1+ Year
2.1%
From Out of State
6.9%
From Different County
🚚 High-growth area with many new residents moving in.
Age Distribution
21.0%
Under 18
17.3%
25-34
12.8%
35-44
12.6%
65+
Median Age: 34.5 years
Households
2.5
Avg Household Size
63.5%
Family Households
50.8%
Homeownership Rate
42.5%
👶 With Kids
31.8%
💑 Married
10.7%
👤 Single Parent
36.5%
🏠 Living Alone
67.3%
👴 Seniors Alone
Education Level
92.5%
High School+
55.5%
Bachelor's+
22.8%
Graduate Degree
Connectivity & Remote Work
94.6%
📶 Broadband Access
98.8%
💻 Have Computer
23.2%
🏠 Work From Home
Racial & Ethnic Composition
White
59.0%
Hispanic/Latino
17.1%
Asian
15.5%
Black
12.6%
Two or More
7.4%
Other
5.0%
South Asian
3.2%
Native American
0.4%
Foreign Born: 23.1%
Momentum
63
+10
Stable
'20
'21
'22
'23
'24
'25
Real Estate
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💡 Market Insights
⏱️
Balanced Market
Homes take about 58 days to sell — typical for the area.
🤝
Typical Negotiations
Homes selling at 96.1% of asking — expect 3-5% negotiation room.
👥
Healthy Buyer Activity
29% of homes are under contract.
📈
Strong Appreciation
Home values up 31% over 5 years — solid long-term growth.
Home Prices
$246
Per Sq Ft
$370,000
Starter Home
$455,000
Median Price
$750,000
Premium Home
Market Trends
🏠 Home Prices
↓ -5.6%
1-Year Change
+30.8%
5-Year Change
🏢 Rent Prices
↑ +0.8%
1-Year Change
+25.6%
5-Year Change
📊 Home values are cooling while rents are slightly up.
(Source: Redfin, Zillow)
Market Health
238
Active Listings
58
Median Days on Market
28.7%
Under Contract
22.5%
Price Reduced
96.1%
Sale-to-List Ratio
⚖️ Balanced market conditions.
Market Insights
$569/mo
💰 Cheaper to Rent
2.5 mo
📦 Seller's market
4.6%
📈 Rental Yield
4.8x
🏷️ Income to Buy
+9%
📍 vs Region Avg
🏠 Remote Work Fit
86
Excellent for remote workers
👨👩👧👦 Family Fit
56
Good for families
💼 Investment
90
Strong potential
Typical Home
2,200
Sq Ft
3.6
🛏️ Beds
2.8
🚿 Baths
39,518
🌳 Lot Sq Ft
1979
📅 Year Built
2-car
🚗 Garage
Property Mix
83.5%
🏠 Single Family
0%
🏘️ Townhome
9.5%
🏢 Condo
Common Features
25.5%
🏊 Pool
86%
🚗 Garage
53%
🏠 Single Story
72.5%
🔥 Fireplace
78%
❄️ Central Air
1%
🌊 Waterfront
Costs & Ownership
$2,321
Est. Monthly Payment
$1,752
Median Rent
$246/mo
Avg HOA Fee
28.5%
Have HOA
Investment Indicators
0.5%
🏢 Rental Vacancy
Low (Good)
0/10
📊 Low Risk
6%
🏗️ New Construction
$128,933
💰 Per Bedroom
Lifestyle
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Urban Suburban Mix
Lifestyle Scores
8
👨👩👧 Family Friendly
6
🏃 Outdoor Activities
8
🌙 Nightlife
8
💪 Health & Fitness
8.7
🌍 Diversity
6.7
☀️ Weather
Nearby Amenities (within 5 miles)
🍽️
60+
Restaurants
🌳
60+
Parks
💪
60+
Gyms
☕
60+
Coffee
🍺
60+
Bars
🎬
8
Theaters
👶
60+
Daycares
🏥
60+
Hospitals
💊
60+
Pharmacies
🦷
60+
Dentists
📚
16
Libraries
🐕
60+
Dog Parks
🏛️
10
Museums
Getting Around
77
🚶 Walk Score
73
🚴 Bike Score
47
🚌 Transit Score
Seasonal Temperatures
❄️ January
56°
39° low
🌸 April
74°
55° low
☀️ July
94°
77° low
🍂 October
77°
58° low
Annual Conditions
☀️
218
Sunny Days/Year
🌧️
147
Rainy Days/Year
💧
53.3"
Annual Rainfall
🌡️ North Texas enjoys a humid subtropical climate with hot summers and mild winters.
Crime & Safety
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Safety Overview
B
Safety Grade
1.47
Violent Crime Rate
per 1,000 residents
18.34
Property Crime Rate
per 1,000 residents
Violent Crime
98.34
Assault
38.15
Robbery
1.7
Murder
8.48
Rape
Rates per 100,000 residents
Property Crime
220.41
Burglary
1295.33
Theft
317.9
Vehicle Theft
Rates per 100,000 residents
Job Market
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Income
$94,362
Median Household
$128,336
Average Household
$48,231
Per Capita
Employment
4.8%
Unemployment Rate
+0.7%
Job Growth (1 yr)
10.8%
Poverty Rate
Income Distribution
$150k+
27.5%
$100k-$150k
19.8%
$75k-$100k
13.1%
$50k-$75k
14.9%
$25k-$50k
13.4%
Under $25k
11.3%
Major Industries
Technology
Telecommunications
Healthcare
Education
Top Employers
UT Dallas
Blue Cross Blue Shield
Cisco
Samsung
Texas Instruments
Education
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School District
Richardson Independent School District ISD
Primary District
B+
District Grade
Top 40%
State Ranking
Schools
36
Elementary
8
Middle
4
High School
🏆 Top-Rated Schools (11 A-rated schools in Richardson)
🎒 Elementary Schools
PRAIRIE CREEK EL
A
(94)
MOHAWK EL
A
(93)
📚 Middle Schools
RICHARDSON NORTH J H
B
(84)
PARKHILL J H
B
(81)
🎓 High Schools
LAKE HIGHLANDS EL
A
(92)
RICHARDSON H S
A
(91)
Source: Texas Education Agency 2024-25 Accountability Ratings
Academic Info
13.9:1
Student-Teacher Ratio
📈 Graduation Rates (Class of 2024)
91.5%
🎓 Graduation Rate
B
8.0%
📉 Dropout Rate
🎯 College Readiness (Class of 2023)
88%
📝 Took SAT/ACT
24.8%
🎯 College Ready
C
39.3%
📚 TSI Ready
College Ready: 1180+ SAT or 24+ ACT | TSI Ready: Met Texas college-ready criteria
Transportation
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Mobility Scores
77
Walk Score
73
Bike Score
47
Transit Score
Commute
24
Avg Minutes
63.4%
Drive Alone
6.6%
Carpool
23.2%
Work from Home
Distance To
13.6 mi
Downtown Dallas
21.6 mi
DFW Airport
14.5 mi
Love Field
⚡ EV Charging
56
Public Stations
53
DC Fast Ports
156
Level 2 Ports
Networks:
ChargePoint Network
Blink Network
GRAVITI_ENERGY
Major Highway Access
US-75
I-635
President George Bush Turnpike
Cost of Living
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Cost Index (100 = National Average)
98
Overall
105
Housing
99
Utilities
100
Groceries
102
Transportation
100
Healthcare
Monthly Utilities
⚡ Electric
$138
💧 Water
$50
🔥 Gas
$45
📶 Internet
$70
Everyday Costs
$815
Monthly Groceries (Family of 4)
$3
Gas Price (per gallon)
Taxes
8.3%
Sales Tax Rate
2.2%
Property Tax Rate
