Richardson, Texas, known as "The Telecom Corridor," is a thriving suburban city located just north of Dallas. With its strong economy, excellent schools, and vibrant community, Richardson offers a high quality of life for its residents. The city's focus on innovation and technology makes living in Richardson an attractive option for professionals and families alike.
Residents of Richardson enjoy a variety of recreational activities and cultural events. The city's numerous parks, trails, and recreational facilities provide ample opportunities for outdoor activities. Breckinridge Park and the Richardson Recreation Center are popular destinations for sports, picnicking, and community events. The city also hosts numerous cultural events, including the Wildflower! Arts and Music Festival.
Richardson's strong economy is supported by its designation as the "Telecom Corridor," home to a significant number of telecommunications and technology companies. This robust economic base provides numerous job opportunities and supports the city's growth and development. The University of Texas at Dallas, located in Richardson, further enhances the city's academic and cultural environment.
The cost of living in Richardson is relatively affordable compared to other parts of the Dallas-Fort Worth metroplex, making it an attractive option for families and young professionals. The housing market includes a variety of options, from single-family homes to modern apartments and condos. The city's economy is supported by industries such as technology, healthcare, and education.
Public transportation in Richardson is well-developed, with access to DART (Dallas Area Rapid Transit) buses and light rail, facilitating easy commutes within the city and to neighboring areas. Richardson's climate features hot summers and mild winters, allowing for year-round outdoor activities. Overall, Richardson offers a blend of economic opportunity, cultural richness, and community spirit, making it a desirable place to live.
Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Nothing Found
There are no cons to mention for this area, as all of the categories were rated above average.
Richardson, Texas is a medium-sized city with a population of 118,583 inhabitants. In Richardson, there are 4,151 people per square mile, which is well above the national population density average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Richardson your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Richardson can be a good experience for anyone relocating to the town. Having said that, in the state of Texas, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Richardson and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, health & safety, employment, housing and other important metrics.
Using data and statistics Richardson has received a livability score of 85 out of 100. This score is ranked in the 98th percentile when compared to all other cities. This is a phenomenal score, as Richardson ranks well in multiple categories! Another exciting tidbit, is that Richardson ranks better than 90% of all US cities! There are nine total categories that generate the livability score. Richardson scores well for crime (B+), education (B+), employment (A+) and housing (A+)
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Richardson has a violent crime rate of 158 crimes per 100,000 residents which is far lower than the national average.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Richardson excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Richardson. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Richardson are affordable. Median real estate prices in Richardson come in at $295,500, which is 107.1% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Richardson, the home price to income ratio is 3.5, which is 34.6% higher than the Texas average.
| Statistic | Richardson | Texas | National |
| Average one way commute | 25min | 26min | 26min |
| Workers who drive to work | 75.2% | 80.3% | 76.4% |
| Workers who carpool | 6.5% | 10.6% | 9.3% |
| Workers who take public transit | 2.9% | 1.5% | 5.1% |
| Workers who bicycle | 0.2% | 0.3% | 0.6% |
| Workers who walk | 2.4% | 1.6% | 2.8% |
| Working from home | 11.9% | 4.3% | 4.6% |
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