Richland, TX
Population 354 · Texas
About Richland, TX
Richland is a small community located in Texas with a population of 354 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,750 per year, which is 28% below the national median of $75,149. The median age of 48.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Richland features a median home value of $60,500, which is 75% below the national median of $244,900. This makes Richland one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 182 total housing units, 83% are owner-occupied (109 units) and 17% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richland shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Richland have an average one-way commute time of 32.3 minutes.
Education & Demographics
21.4% of Richland residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 5.9% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 14.4% of the population being foreign-born.
Cost of Living in Richland, TX
Compared to national averages, Richland has a median household income of $53,750 (28% below the national median of $75,149). Home values average $60,500, which is 75% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Richland's income is 26% below the state average of $72,726, and home values are 71% below the state median of $211,769.
Why Live in Richland, TX?
Richland offers affordable housing with a median home value of $60,500, 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 1.5%.
Potential considerations include median household income ($53,750) that falls below the national average. However, Richland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richland has a population of 354 with a median age of 48.5 years. Compare Richland with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Richland
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Home | 355 | $56,563 | $148,400 | Compare |
| Pleasant Valley | 356 | $78,333 | $139,600 | Compare |
| Del Sol | 351 | $0 | $0 | Compare |
| Mount Enterprise | 351 | $68,281 | $176,700 | Compare |
| Huxley | 358 | $43,188 | $87,500 | Compare |
| Narciso Pena | 350 | $0 | $0 | Compare |
| Bellevue | 359 | $54,250 | $84,300 | Compare |
| Holiday Beach | 349 | $0 | $239,800 | 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 Richland With Other Cities
Frequently Asked Questions about Richland
What is the population of Richland, TX?
The population of Richland, TX is 354 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Richland?
The median household income in Richland, TX is $53,750 per year, which is 28% below the national median of $75,149.
What is the median home value in Richland?
The median home value in Richland, TX is $60,500, which is 75% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richland?
The median monthly rent in Richland, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Richland?
The unemployment rate in Richland, TX is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richland, TX a good place to live?
Richland offers a moderate cost of living, affordable housing, and a strong job market. With a population of 354 and a median age of 48.5, the city appeals to established professionals and retirees.
How educated is Richland, TX?
21.4% of residents in Richland aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Richland?
Key cost-of-living indicators for Richland, TX: median home value is $60,500 (75% below national), median rent is $0/month, and median household income is $53,750. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richland?
The poverty rate in Richland, TX is 13.0%, 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 Richland, TX?
Richland's population is 5.9% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 15.8% two or more races. 14.4% of residents are foreign-born.