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Last Updated: 08/14/2022

Richwood Apartment Features


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All About

Living In Richwood, TX

Richwood, Texas is a small town with just under 4,000 residents. Families with young children will fit right in, as kids under 5 make up an above-average 9% of the population, while retirees account for a smaller percentage of the town. At an average age of just under 33, the town's residents are younger than most cities in Texas. The majority of Richwood residents own their homes, and 36% of residents rent. Renters in the town benefit from a relatively low average rent of $832/month, which is $197 per month less than the state average.

Averaging about 21 minutes, the commute time for Richwood residents is faster than the state average of about 27 minutes. Many residents (50%) commute to work by car or truck, while public transportation isn't used. Not many commuters walk to work.

Compared to the national average (5%), Richwood has a high percentage of residents over the age of 25 who have an Associate's degree (10%). In addition, 7% possess a Bachelor's degree and 3% have a Master's or Doctoral degree. There are two primary industries in Richwood: manufacturing and construction. Combined, these industries account for 22% of the town's workforce. Meanwhile, in terms of job function, many residents work in transportation, making it the top field in the town. Richwood workers bring in an average annual income of about $83K, about $10,000 more than the average Texas resident. Richwood's average income also compares favorably to the national average ($73,345).

Frequently Asked Questions About Richwood

How much does it cost to rent in Richwood, TX?

Our Price Sort filter can help you find a rental at a cost that's perfect for your budget.

What is the average cost of rent for a one-bedroom in Richwood?

The average rent of a one-bedroom apartment in Richwood is $975

Are there any cheap apartments for rent in Richwood?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Richwood?

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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