Is Richardson, TX growing?

Richardson, TX had an estimated 118,731 (±141) residents in 2020–2024, against 116,432 in 2015–2019.

That is a change of +2.0%, a measurable increase.

Its housing went from 45,542 to 47,960 homes (+5.3%), a measurable increase.

1.6% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
118,731 (±141)
Amount of change
+2.0%
Homes change
+5.3%
Built 2020 or later
1.6%

Residents and homes in Richardson, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents116,432 (±87)118,731 (±141)+2.0%Measurable increase
Housing units45,542 (±1,102)47,960 (±900)+5.3%Measurable increase
Households that rent41.3% (±1.3 points)49.3% (±1.6 points)+8.0 percentage pointsMeasurable increase
Median gross rent$1,403 (±$37)$1,857 (±$37)+32.4%Up after inflation
Median home value$274,200 (±$4,706)$431,400 (±$6,608)+57.3%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Richardson against Dallas County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Richardson+2.0%Measurable increase+5.3%
Dallas County+0.5%Measurable increase+5.1%
Texas+6.8%Measurable increase+10.9%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Richardson

Housing units by year built, 2020–2024
Year builtRichardsonDallas CountyTexasUnited States
2020 or later1.6% (±0.5 points)2.3%4.0%2.0%
2010 to 201918.9% (±1.3 points)12.1%17.4%9.4%
2000 to 200910.5% (±1.0 points)12.7%17.9%13.6%

20.5% of the homes in Richardson were built in 2010 or later.

The median age of residents is 33.9 years.

Growth in places near Richardson

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Richardson—118,731+2.0%Measurable increase
Plano5.9 mi290,594+1.2%Measurable increase
Garland6.2 mi246,844+3.5%Measurable increase
Murphy6.5 mi21,188+2.8%Measurable increase
Addison7.3 mi17,290+13.0%Measurable increase
Sachse7.5 mi30,491+19.1%Measurable increase
Parker7.8 mi5,999+27.0%Measurable increase
Allen9.7 mi110,265+8.4%Measurable increase
University Park9.9 mi25,155+0.5%Measurable increase

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Richardson

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Richardson beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Richardson, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Richardson, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Richardson

Is Richardson growing?

Richardson, TX had an estimated 118,731 residents in 2020–2024 and 116,432 in 2015–2019, a change of +2.0%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Richardson?

The estimated number of housing units went from 45,542 in 2015–2019 to 47,960 in 2020–2024 (+5.3%), a measurable increase.

How much new construction is there in Richardson?

1.6% of homes in Richardson were built in 2020 or later and 18.9% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Richardson city, Texas (place:61796, in state:48).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related