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Ricardo, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,132
Population
$70,391
Median Income
$246,700
Home Value
43.8
Median Age

Demographics

Ricardo has a population of 1,132 with a median age of 43.8. Here is the racial and ethnic breakdown of the population:

Hispanic
79.9%
White
30.2%
Demographic Value
Total Population1,132
Median Age43.8
White30.2%
Hispanic or Latino79.9%
Ricardo, Texas — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 110.Hispanic/Latino: 72.6%White: 27.4%1,132PopulationHispanic/LatinoHispanic/Latino72.6%WhiteWhite27.4%

Income & Economy

The median household income in Ricardo is $70,391, which is 12.7% below the national median of $80,610. The per capita income is $30,409. The poverty rate is 40.1%.

$70,391
Median Household Income
$30,409
Per Capita Income
40.1%
Poverty Rate

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Education

In Ricardo, 73.2% of residents age 25+ have a high school diploma or higher, and 28.1% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
73.2%
Bachelor's+
28.1%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher73.2%
Bachelor's Degree or Higher28.1%
Graduate or Professional Degree10.3%

Housing

The median home value in Ricardo is $246,700, below the national median of $303,400. The homeownership rate is 95.9%.

$246,700
Median Home Value
95.9%
Homeownership Rate
Housing Metric Value
Median Home Value$246,700
Homeownership Rate95.9%
Vacancy Rate14.8%

Salaries in Texas

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Frequently Asked Questions

What is the population of Ricardo, Texas?
The population of Ricardo, Texas is 1,132 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ricardo, Texas?
The median household income in Ricardo, Texas is $70,391. This is 12.7% below the national median of $80,610.
What is the median home value in Ricardo, Texas?
The median home value in Ricardo, Texas is $246,700.
What percentage of people in Ricardo have a college degree?
In Ricardo, Texas, 28.1% of adults age 25 and older hold a bachelor's degree or higher, and 73.2% have a high school diploma or higher.
Is Ricardo, Texas an affordable place to live?
The home price-to-income ratio in Ricardo, Texas is 3.5x (median home value $246,700 vs. median income $70,391), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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