What to know when moving to Richmond, TX
Richmond at a Glance
- The Vibe:
- A highly educated area where 48.6% of residents hold a bachelor's degree and only 12.7% are renters.
- The Major Draw:
- A median household income of $143,023, which is significantly above the national average.
- The Reality Check:
- With a median gross rent of $1,986, housing costs are relatively high.
- Commute:
- Only 0.6% of residents use public transit.
- Top Tip:
- Budget for $1,986 per month in rent.
The 'Vibe' Check: Who Thrives Here?
Richmond is a community where the majority of residents are homeowners, reflected in the low renter rate of 12.7%. The median household income of $143,023 indicates a well-off population, while the education level is notable, with 48.6% of residents holding a bachelor's degree or higher. This area experiences around 80 rainy days a year, which could influence your outdoor plans.
Probably not your spot if: you prefer a more urban environment with a higher rental population or convenient public transit options.
Your Money: Housing & Cost Snapshot
- The median gross rent is $1,986, which may stretch your budget if you're looking for affordable housing.
- Median owner-occupied home value stands at $383,400, indicating a strong housing market.
- Approximately 5.6% of residents live below the poverty line, suggesting a generally stable economic environment.
- The renter to owner ratio is 12.7% to 87.3%, reflecting a predominantly owner-occupied community.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In Texas, the crime rates show a significant downward trend for both violent and property crimes over the past few years.
- Violent crime: The state annual rate is 345.5 per 100,000, which is slightly above the national rate of 325.3.
- Property crime: The state annual rate stands at 1,797.7 per 100,000, compared to the national rate of 1,546.9.
- Notable trend: The homicide rate has decreased by 35.1% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for Texas).
Schools & Higher Ed
Richmond has access to a couple of postsecondary institutions located in nearby Houston.
- Postsecondary institutions: 2
- With College Scorecard data: 2
- Nearby options include Fortis College and Vogue International Academy.
Source: ArcGIS Postsecondary School Locations, NCES, College Scorecard.
Weather & Getting Outside
Richmond experiences an average annual precipitation of 31.6 inches, spread over approximately 80 rainy days each year. Summers can be particularly wet, with about 30 rainy days.
- Parks & outdoor spots worth checking out:
- Sugar Land Memorial Park - Rating: 4.7 (2,475 reviews)
- Brazos River Park - Rating: 4.8 (949 reviews)
- Cullinan Park - Rating: 4.6 (1,864 reviews)
- Rick Rice Park - Rating: 4.8 (602 reviews)
Sources: NOAA Climate Data Online, Google Places.