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46% Rent
vs
54% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Richardson, TX is 46% renters and 54% owners. The monthly average cost of rent in Richardson is $1,555 per month and the yearly average income is $112,841 per year. This compares to an average rent of $897 in TX and $1,003 in the US. This data was last updated in October 2023
Commuting to Work
Last Updated October 2023
Residents of Richardson, TX spend an average of 24.6 minutes commuting to work. 40% have short commutes under 20 minutes, 55% travel between 20 and 60 minutes, and 6% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Richardson, TX, 3% of residents rely on public transportation, 3% commute on foot, 0% use bicycles, and 95% opt for other modes such as cars and ride-sharing.
What is the average rating of a community in Richardson?
The average rating is 3/5 stars.
What is the average price for a 1 Bedroom + 1 Bathroom in Richardson?
The average price is $1,859.92.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Richardson?
The average price is $2,404.38.
What is the average price for a Studio + 1 Bathroom in Richardson?
The average price is $1,584.88.
What is the average monthly rent for Richardson?
Based on 2023 city data, the average monthly rent is $1,555.00.
What is the average commute time?
Based on 2017 city data, the average commute is 24.6 mins.