Richardson, Texas

US Census Bureau ACS 5-Year Estimates ยท 2022

TXMajor City

Richardson Demographics Overview

Total Population
118,063
ACS 2022 estimate
Median Household Income
$94,362
Annual household income
โ–ฒ 27% vs US avg
Median Home Value
$379,800
Owner-occupied homes
โ–ฒ 35% vs US avg
Median Gross Rent
$1,725
Monthly rent (incl. utilities)
โ–ฒ 48% vs US avg
Median Age
34.5 years
Median age of residents
โ–ผ 11% vs US avg

Income & Economy

Median Household Income
$94,362
US avg: $74,580
vs. National Median+26.5%

Housing

Median Home Value
$379,800
US avg: $281,900
Median Gross Rent
$1,725/mo
US avg: $1,163/mo
Rent vs. National Avg+48.3%

Population

Total Population118,063
Median Age
34.5 years
US avg: 38.9 yrs

Data Source

Data for Richardson comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Richardson, TX โ€” Frequently Asked Questions

Common questions about Richardson demographics

What is the population of Richardson, Texas?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Richardson, Texas is 118,063.

What is the median household income in Richardson?

The median household income in Richardson, Texas is $94,362 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Richardson?

Key cost indicators for Richardson, Texas:. Median home value: $379,800. Median gross rent: $1,725/month. Median household income: $94,362/year

What is the median home value in Richardson?

The median home value in Richardson, Texas is $379,800, compared to the national median of approximately $281,900.

What is the average age in Richardson?

The median age in Richardson, Texas is 34.5 years, compared to the US national median age of approximately 38.9 years.

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Richardson, TX Demographics - Population, Income & Housing (2022)