Last updated: 2024 BLS data · Page refreshed:
Richardson has a population of 118,731 with a median age of 33.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 118,731 |
| Median Age | 33.9 |
| White | 53.3% |
| Black or African American | 11.8% |
| Asian | 16.2% |
| Hispanic or Latino | 18.3% |
The median household income in Richardson is $98,111, which is 21.7% above the national median of $80,610. The per capita income is $51,863. The poverty rate is 9.7%.
The unemployment rate in Richardson is 3.6%, compared to the national rate of 4.1%.
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In Richardson, 93.3% of residents age 25+ have a high school diploma or higher, and 57.0% hold a bachelor's degree or higher (23.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.3% |
| Bachelor's Degree or Higher | 57.0% |
| Graduate or Professional Degree | 23.6% |
The median home value in Richardson is $431,400, above the national median of $303,400. The median monthly rent is $1,857. The homeownership rate is 50.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $431,400 |
| Median Monthly Rent | $1,857 |
| Homeownership Rate | 50.7% |
| Vacancy Rate | 4.5% |
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