Richardson, Texas.
Typical home $437,432 (+0.6% in a year), asking rent $1,648 (+0.6%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,177 (+105%) since Jan 2020.
- 1 year
- Up $2,810 +1%
- $434,622$437,432 since Sep 2025
- 5 years
- Up $72,403 +20%
- $365,029$437,432 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Richardson$2,296
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Richardson, TX rose 0.6% over the past year — slower than the nation's +1.2%.
Asking rents in Richardson, TX rose 0.6% over the past year — slower than the nation's +2.7%.
Owning the typical home in Richardson runs $1,693/mo more than renting one. The gap peaked at $1,894 in May 2024.
That is $3,342 a month against $1,648 rent: a $2,296 mortgage payment, plus $577 property tax and $468 insurance & upkeep.
Owning vs renting — Richardson
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,342
- Renting$1,648
- Mortgage only$2,296
Property tax · $577/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Dallas County, TX
Insurance & upkeep · $468/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Richardson, Dallas County, Texas
Richardson is a city of 119,469 people in Dallas County. Half its households earn more than $98,111 a year and half less, against $76,547 across Dallas County; 10% of its people live below the poverty line. 51% of its homes are lived in by their owners and 49% are rented. Unemployment in Richardson was 4.0% in August 2026, and Dallas County had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Richardson is a city in Dallas County with a population large enough to feel like a city in its own right, and its residents are somewhat young compared with many places. Household incomes are well above the county's, and a large majority of adults hold a four-year degree. Homes are about as likely to be rented as owned, and a typical home costs more than in many parts of the country.
Work. Many residents work in schools, hospitals and social care, in professional and business services, and in banks, insurance and property. Among the largest workplaces in town are Richardson ISD, The University of Texas at Dallas and Methodist Richardson Medical Center. Unemployment is about where it stood a year earlier, and the county's job count has barely moved, while a good share of residents work from home and the usual commute is moderate.
Things to do. A short drive away are the George W. Bush Presidential Center, a museum, and Southfork Ranch, another museum site. The Dallas Museum of Art is a longer drive, and so is Reunion Tower, a well-known tourist attraction. Winters are mild and brief, summers are hot, and the year brings a fair amount of rain, so outings are possible in most seasons.
Report a mistake
- 45,818households
- 57%of adults have a degree
- 10%below the poverty line
- 24 mintypical commute
- 25%work from home
What residents work in
Employed residents by industry, from the Census survey. Dallas County had 1,829,643 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 36°; warmest in August, with highs near 95° and lows near 74°. About 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Richardson weather station, 3 miles away (NOAA).
Largest workplaces in Richardson
- Richardson ISDSchool district5,547FTE
- The University of Texas at DallasUniversity or college4,667
- International Leadership of Texas (iltexas) SchoolsSchool district2,500FTE
- Methodist Richardson Medical CenterGeneral hospital1,414FTE
- Qorvo TexasSemiconductor devices manufacturing1,057
- Lennox Residential - Lennox StoresAir-conditioning equipment merchant wholesalers632
- Verizon CommunicationsWired telecommunications carriers610
- Lennox Residential DistributionGeneral warehousing and storage508
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 103 workplaces with 20 or more staff, 13,901 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively high
- Heat wavesRelatively high
- Tornadoesrelatively high in parts of RichardsonRelatively moderate
- Cold wavesrelatively high in parts of RichardsonRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Richardson’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Dallas County and the Dallas-Fort Worth-Arlington, TX metro.
Richardson home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Richardson$437,432
- Texas$296,424
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Richardson listings, and the typical home goes pending in 25 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Richardson36.60%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Richardson25
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Richardson402
New listings per month
Sellers arriving at the market.
- Richardson107
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Richardson$469,383
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Richardson97.86%
Zip codes with a Richardson address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Richardson — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Richardson
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 75080 | Richardson | 52,569 | $1,780 | $447,141 |
| 75081 | Richardson | 36,544 | $1,607 | $384,481 |
| 75082 | Richardson | 29,618 | $1,652 | $547,139 |