Richmond, TX
12,582Residents
$50,337Median household income
$1,319/moMedian gross rent
$231,500Median home value
36.6Median age
19%Adults with a bachelor’s degree or higher
54%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 31% of the median household income in Richmond.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $53,000 a year. In Texas that leaves roughly $3,730 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.