Housing costs in Richmond?
A typical home costs
$418,400, which is 23.8% more expensive than the national average of
$338,100 and 40.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Richmond costs
$1,650 per month, which is 28.9% more than the national average of
$1,280 and 21.2% more than the state average of
$1,300.
Can I afford Richmond?
To live comfortably in Richmond (zip 77406), Texas, a minimum annual income of
$80,280 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Richmond?
The cost of living in 77406 Richmond, TX is quite reasonable. The average home price in the area is around $151,000, which is a great value compared to many other cities in Texas. Additionally, groceries and utilities are relatively inexpensive, making it a great place to live for those on a budget. The sales tax rate is 8.25%, while the income tax rate is 0%. With its low cost of living and vast array of amenities, 77406 Richmond, TX is an excellent place to call home.