Living in Richardson, TX

Dallas County

Richardson's identity is distinct from every other DFW satellite in this batch: it's the historic heart of the "Telecom Corridor," a tech/telecom office cluster built up since the 1960s-70s around Texas Instruments (headquartered in Richardson-adjacent Dallas but deeply rooted here) and decades of telecom-sector employers, and it's home to the University of Texas at Dallas, which sits inside city limits and anchors a tech-adjacent talent pipeline the other suburbs don't have. That combination shows up directly in price: a median home sale around $462K-$526K puts Richardson meaningfully above Dallas proper, Mesquite, and Garland alike -- a more affluent, white-collar-oriented suburb rather than an affordability play.

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Housing

Median sale price (Richardson city)$462,223

Redfin cited $462,223 for May 2026, up 2.7% YoY. Other snapshots ran notably higher: $476,500 for March 2026 (up 10.9% YoY) and $526,500 over a trailing 30-day window (up 17.5% YoY) -- sources disagree meaningfully here, so treat roughly $462K-$526K as the plausible range, and note this is well above Dallas proper (~$375K), Mesquite (~$285K-$301K), and Garland (~$295K-$320K).

Median sale price (Dallas County)Not yet verified

Taxes

Local effective property tax rateNot yet verified

Not independently sourced at the Dallas County level this session. Texas carries no income tax statewide. See the Texas hub page for the statewide property tax context -- do not treat that figure as Richardson-specific.

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The tradeoffs

Pros

Deepest tech/telecom employer concentration of any DFW satellite in this batch, built around a decades-old "Telecom Corridor" identity; University of Texas at Dallas sits inside city limits, a genuine talent and cultural anchor other suburbs lack.

Cons

Meaningfully pricier than Dallas proper and far pricier than Mesquite or Garland, cutting into the affordability case that draws many buyers to DFW suburbs in the first place; sources disagree by tens of thousands of dollars on the exact current median, so treat any single figure as directional.

Who this fits

Best for: Young professionals in tech, telecom, or corporate roles who want to live close to a real employer cluster and UT Dallas, and can absorb a higher price point than Dallas's other satellite suburbs.

Maybe not for you if: Buyers prioritizing affordability above all else should look at Mesquite or Garland instead, where median prices run well under half of Richardson's upper-range figures.

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Last reviewed: 2026-08-21. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.