Here's what it costs to live in Richardson, Texas, based on the latest US government data. Renters pay a median of $1,857 per month, while the typical home is valued around $431,400. Households earn a median of $98,111 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$98,111
Annual · Census ACS
Median Gross Rent
$1,857
Per month · Census ACS
Median Home Value
$431,400
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
118,731
Latest estimate
Median Age
33.9 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,857
Per month
Avg Home Value
$437,167
Census ACS
January Avg
48°F
July Avg
87°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.4
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
86.8%
What is the cost of living index for Richardson?
The cost of living index for Richardson is not yet available in our database.
What is the median rent in Richardson?
The median gross rent in Richardson is $1,857 per month according to US Census ACS data.
What is the median household income in Richardson?
The median household income in Richardson is $98,111 per year.
What is the median home value in Richardson?
The median home value in Richardson is $431,400 based on the latest Census ACS survey.
How is the air quality in Richardson?
Air quality data for Richardson is not yet available.
What are the taxes like in Richardson?
Tax data for Texas is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
