Richardson, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Richardson, Texas had a total population of 118,731, the 33rd largest city in Texas, with a median household income of $98,111, which is 25% higher than the state average. The poverty rate is 9.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- 57.0% of adults hold a bachelor's degree or higher — top 10% in Texas.
Richardson Quick Facts
How Richardson Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 118,269 | 118,731 | +0.4% |
| Median household income | $96,257 | $98,111 | +1.9% |
| Median home value | $405,600 | $431,400 | +6.4% |
How Richardson Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Richardson Rankings in Texas
Explore Texas Rankings
Other Cities in Dallas County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Dallas | 1,307,930 | $70,518 | 16.7% | $320,700 |
| Irving | 256,492 | $81,830 | 11.0% | $315,600 |
| Garland | 246,844 | $76,320 | 13.0% | $270,800 |
| Grand Prairie | 201,883 | $81,619 | 12.0% | $295,500 |
| Mesquite | 149,299 | $72,537 | 13.4% | $245,700 |
| Carrollton | 133,740 | $101,396 | 7.1% | $381,000 |
| Lewisville | 131,080 | $89,233 | 7.8% | $378,500 |
| Rowlett | 65,463 | $112,081 | 6.1% | $368,800 |
| Wylie | 60,334 | $119,522 | 5.6% | $387,000 |
| DeSoto | 56,211 | $82,782 | 7.6% | $319,400 |
Cities Similar to Richardson
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Round Rock | 127,786 | $99,287 | $418,600 | 44.8% | 7.8% |
| League City | 116,215 | $121,099 | $360,000 | 47.6% | 5.4% |
| Carrollton | 133,740 | $101,396 | $381,000 | 45.2% | 7.1% |
| Lewisville | 131,080 | $89,233 | $378,500 | 40.7% | 7.8% |
| Pearland | 127,514 | $118,842 | $356,300 | 47.1% | 4.1% |
Population Overview
Richardson is a major urban center located in Texas, within Dallas County. The total population is 118,731. It ranks as the 33rd most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Richardson is 33.9 years. This is 5% lower than the state median of 35.6 years.
Economy, Income & Housing
The median household income in Richardson is $98,111. This is 25% higher than the state median of $78,476. It is also 22% higher than the national median of $80,734. The poverty rate stands at 9.7%. This is 30% lower than the state poverty rate of 13.8%. The unemployment rate is 5.0%. This is 5% lower than the state rate of 5.3%. The median home value is $431,400. Housing costs are 52% higher than the state median of $283,800. The home-value-to-income ratio is 4.4x. 50.7% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Richardson is White (non-Hispanic), making up 49.2% of the population. Hispanic or Latino residents account for 18.3%. The Hispanic or Latino population (18.3%) is well below the state average of 39.7%. The Asian population is significantly higher than the state average (16.1% vs 5.5%).
Education
57.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Richardson in the top 10% of all cities in the state for educational attainment. This is 69% higher than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%. Notably, 23.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Richardson, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Richardson, Texas?
Richardson, Texas has a population of 118,731 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Richardson, TX?
The median household income in Richardson is $98,111, which is 22% higher than the national median of $80,734.
What is the poverty rate in Richardson, TX?
The poverty rate in Richardson is 9.7%. This means approximately 10,979 residents live below the federal poverty line.
What is the racial makeup of Richardson, Texas?
Richardson's population is 49.2% White, 11.6% Black, 18.3% Hispanic/Latino, and 16.1% Asian.
What is the median home value in Richardson, TX?
The median home value in Richardson is $431,400. The home-value-to-income ratio is 4.4x.
How educated is Richardson, Texas?
57.0% of adults (25+) in Richardson hold a bachelor's degree or higher, and 23.6% hold a graduate or professional degree.