Living in Richland Springs, Texas
Cost of living, income, home prices, rent and demographics of Richland Springs · Census data 2020–2024
Richland Springs has 362 residents with a median age of 18.7. The median household income is $38,415 (51% lower than the Texas median), the median home value is $82,600, the median rent is $1,131/month.
Richland Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richland Springs at a glance
- Population
- 362
- Median age
- 18.7State: 35.6
- Median household income
- $38,415State: $78,476
- Median home value
- $82,600State: $283,800
- Median rent
- $1,131/moState: $1,403
- Homeowners
- 54.9%
- Bachelor's degree or higher
- 9.6%
- Average commute
- 16 min
Is Richland Springs a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 16 minutes; unemployment of 3%; a poverty rate of 5%.
Cons: Median household income 51% lower than the Texas median.
The weather is best in March–April and October–November.
Cost of living in Richland Springs
Housing is the biggest part of the cost of living. In Richland Springs the median home value is $82,600, 75% lower than the U.S. median. Renters pay a median of $1,131 per month, which is 37.3% of household income. Homeowners with a mortgage pay $961 a month in housing costs.
Richland Springs median household income
The median household income in Richland Springs is $38,415 and the income per person is $12,085. 5% of residents live below the poverty line (Texas: 13.8%).
Housing in Richland Springs: homes for sale and rent
- Housing units
- 172
- Owner-occupied
- 54.9%
- Renter-occupied
- 45.1%
- Vacant
- 40.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 3.55
40.7% of homes are vacant most of the year, a sign that Richland Springs has many vacation and second homes.
Richland Springs demographics
- Population
- 362
- Median age
- 18.7
- Under 18
- 33.1%
- 65 and older
- 8.6%
- Households
- 102
- Foreign-born
- 0%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Richland Springs ›
Education in Richland Springs
9.6% of adults 25 and older in Richland Springs have a bachelor's degree or higher (Texas: 33.8%), and 5.1% have a graduate or professional degree.
Jobs and commute in Richland Springs
- Unemployment rate
- 3%State: 5.3%
- Average commute
- 16 minState: 27 min
- Work from home
- 23.5%
- Drive alone
- 67.3%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 93.1%
Richland Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richland Springs | 362 | $38,415 | $82,600 | $1,131 |
| San Saba | 3,056 | $50,373 | $124,000 | $943 |
| Goldthwaite | 1,843 | $54,808 | $127,700 | $710 |
| Mullin | 220 | $47,981 | $88,100 | $775 |
| Brady | 5,230 | $46,250 | $138,800 | $776 |
| Zephyr | 244 | $47,917 | $139,100 | $850 |
| Brownwood | 18,777 | $48,981 | $144,400 | $882 |
| Bangs | 1,633 | $48,098 | $111,600 | $745 |
| Early | 3,143 | $67,346 | $179,800 | $1,227 |
More for people moving to Richland Springs
Richland Springs ZIP code ›Weather and climate ›Living in Richland Springs: FAQ
What is the median household income in Richland Springs, TX?
The median household income in Richland Springs is $38,415, 51% 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 Richland Springs?
The median home value in Richland Springs is $82,600, compared with $283,800 in Texas.
How much is rent in Richland Springs?
The median gross rent in Richland Springs is $1,131 per month, about 37.3% of household income.
Is Richland Springs, TX a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 16 minutes; unemployment of 3%; a poverty rate of 5%. Minuses: median household income 51% lower than the Texas median.
What is the median age in Richland Springs?
The median age in Richland Springs is 18.7 years (Texas: 35.6).
How long is the commute in Richland Springs?
The average commute to work in Richland Springs is 16 minutes; 23.5% of workers work from home.
What is the unemployment rate in Richland Springs?
The unemployment rate in Richland Springs is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richland Springs?
9.6% of adults in Richland Springs 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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