Richardson has the 198th largest population in the United States. The population grew by 11.7% from 2010 to 2015, which was faster than the national average. Richardson is part of the Dallas metro area. Unemployment in the Dallas area is 3%, which is lower than the national average, and is getting better. Dallas has the 4th largest local economy in the US, and a high cost of living. The average pay for jobs in Richardson is below average at $50,480, and the median cost of a home in Richardson is $190,400, which is above the national average. 51% of workers in Richardson hold a bachelors degree or higher (above average), and 92% of workers have a high school degree (above average). Driving to work is especially common in Richardson. 79% of Richardson workers drive to work alone, 2% take public transit, 10% carpool, and 7% walk. People in Richardson spend an average of 24 minutes commuting to work, which is shorter than the national average of 26 minutes.