Richardson is a larger medium-sized city located in the state of Texas. With a population of 119,469 people and 33 constituent neighborhoods, Richardson is the 31st largest community in Texas.
Richardson real estate is some of the most expensive in Texas, although Richardson house values don't compare to the most expensive real estate in the U.S.
Richardson is a decidedly white-collar city, with fully 88.18% of the workforce employed in white-collar jobs, well above the national average. Overall, Richardson is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Richardson who work in management occupations (12.48%), office and administrative support (10.90%), and sales jobs (10.88%).
Also of interest is that Richardson has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.85% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing that you will notice about Richardson is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Richardson a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
If knowledge is power, Richardson is a pretty powerful place. 53.37% of the adults in Richardson have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Richardson in 2018 was $40,408, which is wealthy relative to Texas and the nation. This equates to an annual income of $161,632 for a family of four. However, Richardson contains both very wealthy and poor people as well.
Richardson is an extremely ethnically-diverse city. The people who call Richardson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Richardson residents report their race to be White, followed by Asian. Richardson also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.26% of the city’s residents. Important ancestries of people in Richardson include German, English, Irish, Italian, and European.
Foreign born people are also an important part of Richardson's cultural character, accounting for 23.19% of the city’s population.
The most common language spoken in Richardson is English. Other important languages spoken here include Spanish and Chinese.