Living in Ricardo, Texas

Cost of living, income, home prices, rent and demographics of Ricardo · Census data 2020–2024

Ricardo has 1,132 residents with a median age of 43.8. The median household income is $70,391 (10% lower than the Texas median), the median home value is $246,700.

Ricardo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Ricardo at a glance

Population
1,132
Median age
43.8State: 35.6
Median household income
$70,391State: $78,476
Median home value
$246,700State: $283,800
Homeowners
95.9%
Bachelor's degree or higher
28.1%
Average commute
24 min

Is Ricardo a good place to live?

Pros: Home values 13% lower than the state median; an average commute of 24 minutes.

Cons: Median household income 10% lower than the Texas median; a poverty rate of 40.1%.

The weather is best in February–March and November–December.

Cost of living in Ricardo

Housing is the biggest part of the cost of living. In Ricardo the median home value is $246,700, 26% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,772 a month in housing costs.

Median home value

Ricardo$246,700
Texas$283,800
United States$332,700

Median monthly rent

Texas$1,403
United States$1,413

Ricardo median household income

The median household income in Ricardo is $70,391 and the income per person is $30,409. 40.1% of residents live below the poverty line (Texas: 13.8%).

Median household income

Ricardo$70,391
Texas$78,476
United States$80,734

Housing in Ricardo: homes for sale and rent

Housing units
431
Owner-occupied
95.9%
Renter-occupied
4.1%
Vacant
14.8%Includes seasonal homes
Median year built
1991
Average household size
3.08

Ricardo demographics

Population
1,132
Median age
43.8
Under 18
34.5%
65 and older
22.3%
Households
367
Foreign-born
1.9%
Veterans
14.7%Adults 18+

Race and ethnicity

White30.2%
Hispanic or Latino79.9%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Ricardo ›

Education in Ricardo

28.1% of adults 25 and older in Ricardo have a bachelor's degree or higher (Texas: 33.8%), and 10.3% have a graduate or professional degree.

Bachelor's degree or higher

Ricardo28.1%
Texas33.8%
United States35.7%

Jobs and commute in Ricardo

Unemployment rate
0%State: 5.3%
Average commute
24 minState: 27 min
Work from home
16.7%
Drive alone
80.6%
Public transit
0%
Walk to work
0%
Homes with broadband
95.9%

Ricardo vs nearby towns

TownPopulationMedian incomeHome valueRent
Ricardo1,132$70,391$246,700—
Kingsville24,994$58,148$149,400$1,037
Riviera627$101,875——
Bishop3,103$58,152$111,800$952
Premont2,428$47,728$89,800$781
Driscoll511$39,035$100,900$1,102
Airport Road Addition174$215,871$185,500—
La Paloma-Lost Creek439$2,499$332,800—
Petronila120$123,750$263,900—

More for people moving to Ricardo

Ricardo ZIP code ›Weather and climate ›

Living in Ricardo: FAQ

What is the median household income in Ricardo, TX?

The median household income in Ricardo is $70,391, 10% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ricardo?

The median home value in Ricardo is $246,700, compared with $283,800 in Texas.

Is Ricardo, TX a good place to live?

Pluses: home values 13% lower than the state median; an average commute of 24 minutes. Minuses: median household income 10% lower than the Texas median; a poverty rate of 40.1%.

What is the median age in Ricardo?

The median age in Ricardo is 43.8 years (Texas: 35.6).

How long is the commute in Ricardo?

The average commute to work in Ricardo is 24 minutes; 16.7% of workers work from home.

What is the unemployment rate in Ricardo?

The unemployment rate in Ricardo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ricardo?

28.1% of adults in Ricardo have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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