Richardson, Texas, located just north of Dallas, is a thriving city known for its strong economy, excellent schools, and diverse community. Nicknamed the “Telecom Corridor,” Richardson is home to a robust tech industry and a mix of suburban charm and urban amenities. Below are key demographic highlights:

Population Overview

• Total Population: ~125,000 residents

• Median Age: 37 years old

• A balanced population of families, young professionals, and retirees.

• Diversity:

• White (Non-Hispanic): ~45%

• Asian: ~20%

• Hispanic/Latino: ~20%

• Black/African American: ~10%

• Other/Mixed: ~5%

Income & Employment

• Median Household Income: ~$90,000

• Employment:

• Richardson is a hub for technology and telecommunications, often referred to as the Telecom Corridor, home to major companies like AT&T, Verizon, and Texas Instruments.

• Residents also work in healthcare, education, and finance, with many commuting to Dallas or Plano.

Education

• Education Levels:

• Bachelor’s Degree or Higher: ~55%

• A well-educated population, with many residents in specialized and managerial roles.

• Schools:

• Served by both Richardson Independent School District (RISD) and Plano Independent School District (PISD), both known for their strong academic programs and extracurricular activities.

• Several private and charter schools also serve the area.

Housing Market

• Median Home Value: ~$400,000

• Average Rent: ~$1,800–$2,800 per month for apartments and rental homes.

• Homeownership vs. Renting:

• Homeowners: ~60%

• Renters: ~40%, including young professionals and students attending nearby universities.

• Housing Types:

• Single-family homes dominate, with a mix of older, established neighborhoods and newer developments.

• Upscale apartments and townhomes are also popular, particularly near the CityLine district.

Lifestyle & Amenities

• Shopping & Dining:

• CityLine: A mixed-use development with restaurants, retail, and entertainment, popular with residents and visitors alike.

• Historic Downtown Richardson: Features charming shops, local eateries, and community events.

• Diverse dining scene, including some of the best Asian and Mediterranean restaurants in North Texas.

• Parks & Recreation:

• Over 40 parks, including Breckinridge Park and Heights Park, with trails, playgrounds, and sports facilities.

• The Richardson Trail System offers miles of trails connecting neighborhoods and parks.

• Cultural Attractions:

• Charles W. Eisemann Center for Performing Arts hosts concerts, theater, and cultural events.

• Annual events include the Cottonwood Art Festival and Wildflower! Arts & Music Festival.

Transportation

• Proximity: Conveniently located along US-75, just 15 miles north of downtown Dallas.

• Public Transit: Served by DART light rail and bus routes, providing easy access to Dallas and surrounding areas.

• Commuter-Friendly: Proximity to major highways and DFW International Airport (~30 minutes).

Community & Culture

• Family-Friendly: Safe neighborhoods, excellent schools, and a strong sense of community make Richardson a great place for families.

• Tech Hub: A center for innovation and technology, attracting professionals in STEM fields.

• Cultural Diversity: Richardson’s diverse population contributes to its vibrant arts, food, and community scenes.

Notable Statistics

• Marital Status:

• Married: ~55%

• Single: ~35%

• Other: ~10%

• Household Composition:

• Average household size: 2.7 people.

• A mix of families, young professionals, and retirees.

Key Highlights

• Tech and Innovation: The Telecom Corridor drives economic growth and attracts top talent.

• Education Excellence: Strong public and private school options appeal to families.

• Urban-Suburban Balance: Access to urban amenities and suburban charm makes Richardson a versatile and appealing community.

• Outdoor Lifestyle: Parks and trails create opportunities for outdoor recreation and active living.

Richardson combines a strong economy, excellent schools, and a welcoming community, making it an ideal choice for families, professionals, and retirees. With its diverse housing options, cultural amenities, and convenient location, Richardson offers a high quality of life in North Texas.