10 Top Reasons to Move to Richardson, Texas
Richardson, is one of the fastest growing cities in Texas. With a current population of over 108,000, Richardson ranks higher in living experience than 90% of other cities across America. It is this level of desirability has seen many people choose to relocate to Richardson, from inside and outside the state.
Here we look at the top ten reasons why you should also make the move to Richardson, Texas. From education and amenities, to bars and restaurants, it’s not difficult to see why Richardson is loved by college graduates, families, and retired couples alike.
1. The Cost Of Purchasing Real Estate
While the average house price in Richardson is slightly higher than national average, it is in line for Texas as a whole. The median home price in the city is listed at about $195,000. Additionally, property prices are steadily increasing, so if you purchase now, it is likely that your home will continue to increase in value. This is a great way to generate tax-free equity, in order to create long term financial security. In the last 5 years alone, appreciation rates for Richardson hit 10.9%.
2. The Property Tax Rates
If you’re new to Texas entirely, you might not be aware that the state is one of just seven in America that doesn’t tax residents on their income. Not only that, Texas is also home to much lower corporate tax rates. So although real estate isn’t overly cheap in Richardson, you will make savings elsewhere compared to other cities and states.
3. The Cost of Renting
Finding good value real estate is a little easier than finding affordable properties to rent – but this is true of most cities across America. While renting in the center of Richardson can be expensive, you can get a lot more for your money each month if you look towards the suburbs. A one-bedroom apartment in the city will cost you about $780 monthly, and a two-bedroom goes for around $1140, depending on the size of the unit and available amenities.
4. The High Employment Rate
During the economic downturn between 2005 and 2009, Richardson actually saw a significant increase in its economy. The city has a strong prevalence in the telecommunications industry, earning it the nickname “The Telecom Corridor”. Corporate headquarters include; the Bank of America Financial Services, Metro PCS, Fujitsu, Blue Cross Blue Shield and Yahoo. Additionally, the Richardson Chamber of Commerce is well known for helping new businesses take off with assistance and resources.
5. The Low Cost of Living
The overall cost of living in Richardson, including utilities, transportation and groceries, is 6% below the national average. Health care is 1% higher than the average rate, but that is one of the only aspects of cost of living that is higher.
6. The Wide Variety of Locations
If you are new to Richardson you might be overwhelmed when looking at all the different residential neighborhoods Each with their own amazing local amenities, style and culture, there are a great amount of areas within Richardson to choose from. You’re sure to find the perfect location to suit your needs and budget.
7. The Exceptional Education System
The average school test scores in Richardson are 79%, which far exceeds the national average, a feat they have managed for many years. The education system is Richardson is extremely well revered, and will provide your children with the skills and the tools they need to thrive. Additionally, the University of Dallas (despite its name), has its main campus within Richardson city limits – adding a high cultural and diverse element to the city.
8. The Low Crime Rate
Crime in Richardson is far lower than other cities in Texas, and across America, making it a desirable place for families to relocate to. At 167 crimes per 100,000 residents, the violent crime rate is a staggering lower than the state and national averages.
9. The Impressive Cultural Scene
The North Texas Automotive Museum, Downtown Richardson, and The Visual Arts Building at the Visual Arts Building, are just some of the impressive museum and cultural centers in Richardson. The North Texas Automotive Museum is a particular tourist trap, as the city is known for its impressive automobile industry.
10. The Beautiful Outdoor Spaces
For those who enjoy photography, Prairie Creek Park is the place to go. At close to 40 acres, it’s not the largest park in town, but it is known for its scenic landscapes, colorful displays of flowers and plants, and the waterfall that takes pride of place in the center of the park. Another favorite among locals is Cottonwood Park. The ideal place to spend a sunny afternoon in Richardson, the park is known for its delightful duck pond and is also famous for hosting a number of art festivals throughout the year.
If you’re looking to relocate to Richardson, Texas – then contact Expert City Movers today! Leaders in relocation, they can help you with all of your moving needs.