Ricardo, TX
Population 1,070 · Texas
About Ricardo, TX
Ricardo is a small town located in Texas with a population of 1,070 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,108 per year, which is 9% below the national median of $75,149. The median age of 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ricardo features a median home value of $216,300, which is 12% below the national median of $244,900. This positions Ricardo in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 391 total housing units, 94% are owner-occupied (307 units) and 6% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ricardo shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 38.0%, above the national average of 12.4%. Workers in Ricardo have an average one-way commute time of 44.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
33.8% of Ricardo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 73.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Ricardo, TX
Compared to national averages, Ricardo has a median household income of $68,108 (9% below the national median of $75,149). Home values average $216,300, which is 12% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Ricardo's income is 6% below the state average of $72,726, and home values are 2% above the state median of $211,769.
Why Live in Ricardo, TX?
Ricardo offers affordable housing with a median home value of $216,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 33.8% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($68,108) that falls below the national average. However, Ricardo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ricardo has a population of 1,070 with a median age of 40 years. Compare Ricardo with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Ricardo
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beauxart Gardens | 1,073 | $60,702 | $158,600 | Compare |
| Garrett | 1,067 | $76,458 | $127,500 | Compare |
| Emerald Bay | 1,074 | $120,139 | $279,200 | Compare |
| Porter Heights | 1,063 | $87,361 | $195,600 | Compare |
| Rosebud | 1,077 | $26,797 | $83,000 | Compare |
| Menard | 1,078 | $43,179 | $69,800 | Compare |
| Ransom Canyon | 1,081 | $111,458 | $311,600 | Compare |
| Celeste | 1,084 | $56,458 | $160,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ricardo With Other Cities
Frequently Asked Questions about Ricardo
What is the population of Ricardo, TX?
The population of Ricardo, TX is 1,070 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Ricardo?
The median household income in Ricardo, TX is $68,108 per year, which is 9% below the national median of $75,149.
What is the median home value in Ricardo?
The median home value in Ricardo, TX is $216,300, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ricardo?
The median monthly rent in Ricardo, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ricardo?
The unemployment rate in Ricardo, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ricardo, TX a good place to live?
Ricardo offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,070 and a median age of 40, the city appeals to a broad range of residents.
How educated is Ricardo, TX?
33.8% of residents in Ricardo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ricardo?
Key cost-of-living indicators for Ricardo, TX: median home value is $216,300 (12% below national), median rent is $0/month, and median household income is $68,108. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ricardo?
The poverty rate in Ricardo, TX is 38.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ricardo, TX?
Ricardo's population is 73.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.