302 Apartments For Rent in Richardson, TX

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Apartments for Rent in Richardson, TX

Richardson, Texas is a mid-size city with slightly less than 112,000 residents. The city's population, at an average age of just over 38, is slightly older compared to other municipalities in Texas, which has an average age of 35. The majority of residents own their homes in Richardson, and 41% of residents rent. With an average rent of $1,307 per month, exceeding the state average by $278/month, relatively high rent costs could be a factor in the higher levels of ownership.

Compared to the national average (7%), Richardson has a large concentration of residents over the age of 25 with advanced degrees, as 12% possess a Master's or a Doctoral degree. Further, 23% possess a Bachelor's degree, which also outpaces the national average. Richardson residents have a wide range of industries from which to choose, the most common four of which are scientific, retail, healthcare, and education. Combined, these industries account for 26% of the workforce in the city. Meanwhile, looking at job function, many of the city's workers are in management, making it the top field in the city. With an average annual income of about $92K, Richardson workers earn about $19,000 more than their peers elsewhere in Texas. The city's average income also compares favorably to the national average ($73,345).

Richardson residents have an average commute of about 27 minutes. Many residents (44%) commute to work by car, while public transit isn't extensively used. Not many workers commute on foot.

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