Get to know Richardson, TX
The affluent city of Richardson is an inner suburb of Dallas. Early settlers came in the 1840s from Kentucky and Tennessee. In the 1850s, the settlement was centered around what is now the site of Richland College. The construction of the railroad just northwest of the original settlement following the Civil War led the village to shift its center closer to the rail line. Chartered in 1873, Richardson was named after railroad contractor E. H. Richardson. The Red Brick Road, now Greenville Ave., was completed in 1924 and led to increased traffic, population, and property values. The following year the town was incorporated. Richardson experienced a population boom following the second World War. In the 1960s, as the community continued to grow, the University of Texas at Dallas was created in the city. Until 2006, Richardson was a dry city. It has been named one of the best and safest cities by several publications. In addition to being the home of the University of Texas at Dallas it is also the location of the Telecom Corridor. Despite the Great Recession, Richardson experienced economic growth from 2005-2009, receiving a AAA rating from the S&P since 2008. Several corporate headquarters are located in the city, including MetroPCS, Fossil, and Lennox International. Some of the largest employers in Richardson include AT&T Inc., State Farm Insurance, and the University of Texas at Dallas. Famous residents have included Ryan Cabrera and Jessica and Ashlee Simpson.
Median Household Income: $70,959
Median Property Value: $190,400