Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Richardson, TX Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

118,731

Median Agei

33.9

Race & Ethnicityi

White

49.2%58,459

Hispanic/Latino

18.3%21,693

Asian

16.1%19,082

Black

11.6%13,744

Two or More

4%4,774

Other

0.7%788

American Indian/Alaska Native

0.1%155

Native Hawaiian/Pacific Islander

0%36

Educational Attainment (Age 25+)i

GED/Alternative

1.7%1,345

High School Diploma

10.7%8,420

Some College (<1 yr)

5.4%4,221

Some College (1+ yr)

10.5%8,238

Associate's Degree

7.9%6,198

Bachelor's Degree

33.4%26,186

Master's Degree

17.3%13,547

Professional Degree

4%3,108

Doctorate

2.4%1,857

HS or Higher

93.3%

BA or Higher

57%

Graduate+

23.6%

Housingi

Median Home Valuei

$431,400

Median Renti

$1,857

Tenure

Owner-Occupied

50.7%23,246

Renter-Occupied

49.3%22,572

Total Units

47,960

Homeownership

50.7%

Vacancy Rate

4.5%

Rent Distribution

Under $500

185

$500–$750

$750–$1,000

484

$1,000–$1,250

1,306

$1,250–$1,500

2,821

$1,500–$2,000

8,551

$2,000+

8,524

Year Built

2020 or later

1.6%788

2010–2019

18.9%9,088

2000–2009

10.5%5,025

1990–1999

14.2%6,825

1980–1989

10.8%5,156

1970–1979

20.1%9,616

1960–1969

16.6%7,973

1950–1959

6.7%3,216

1940–1949

0.4%178

1939 or earlier

0.2%95

Heating Fuel

Electricity

53.1%24,350

Utility Gas

44.9%20,592

No Fuel

0.9%403

Bottled/LP Gas

0.6%297

Solar

0.2%111

Other

0.1%54

Fuel Oil

0%11

Economyi

Median Household Incomei

$98,111

Mean Household Incomei

$131,546

Per Capita Incomei

$51,863

Poverty Ratei

9.2%

Unemploymenti

Labor Forcei

68,364

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

460

Residentsi

968

Avg. Tenant Renti

$557/mo

Avg. Waitlisti

26 months

Programs in this community

Housing Choice Vouchers361 homes76% occupied$618/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 850 homes96% occupied$383/mo rent

Privately owned apartments with rent subsidies tied to the building

202/PRAC49 homes99% occupied$287/mo rent

Household Incomei

Based on area median of $98,111/yr

Extremely low incomeUnder $29K/yr

80.5%

Very low income$29K–$49K/yr

14.8%

Low income$49K–$78K/yr

3.9%

Moderate / aboveOver $78K/yr

0.8%

Who Receives This Housing

78.3% of subsidized households are headed by a single mother

81.1% of subsidized households are minority

16.7% of subsidized households include someone with a disability

50.3% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

26,65222.4%

By Region

Top Countries

Mexico

4,328

India

3,896

China

1,869

Canada

681

Philippines

603

Korea

586

United Kingdom

322

Guatemala

172

Workforce

Total Employed

64,851

Occupations

Industries

Social Characteristicsi

Veteransi

4,312(4.6% of civilian adults)

Health Insurancei

86.8%Insured

13.2%Uninsured