Everything You Need To Know About Richardson, Texas

Richardson is a major city located in both Collin and Dallas counties in Texas. The 2010 census has determined that at that time the population of Richardson was 99, 223. In 2014, the city had a population that was estimated to be around 109,000.

This is a very affluent suburb near Dallas and it is the home of two major institutions. It is home of the educational institution The University of Texas at Dallas, and it is also home to major telecommunication companies.
Over 5000 corporations have offices in Richardson including:

• AT&T
• Verizon
• Samsung
• MetroPCS
• ZTE
• Texas Instruments
• Ericsson

BlueCross-BlueShield Texas headquarters is also located in Richardson.

The History

Settlers from Tennessee and Kentucky arrived in the area in the mid-1800s. Throughout the 1850s, the settlement was centered around the current site of Richard College. Soon after the Civil War, a railroad was built in the area, and the center of town shifted towards the northwest so it could be closer to the railroad.

In 1873, the town received its charter, and the town received its current name then after the Houston and Texas Central Railroad’s secretary, Alfred S. Richardson.

In 1908, an electric railway, known as the Texas Electric Railway, connected Richardson to other cities in Texas including Fort Worth, Dennison and Corsicana. Around this time, the town had a population of around 600.

After the Second World War, the population in the town increased to 1300 by the beginning of 1950. The town continued to see growth with the police department, shopping centers, expressways and homes.

In 2006, the city of Richardson was listed as one of the top 20 places to live in the country. It has also earned the title as one of the top 5 safest cities in the state of Texas.

Economic Development

Despite the economic decline that was seen in other areas of the country during the recession, Richardson enjoyed substantial increases in its economy during 2005 to 2009. Richardson also enjoyed a considerable amount of corporate retention and recruitment that other areas of the country did not during this time.

In 2010, the city’s Standard and Poor’s credit and bond rating agencies reaffirmed its AAA rating. Although the unemployment remains high by traditional standards, it is still lower than federal and state levels.

Richardson is full of employment, economic and real estate opportunities. As the city continues to grow, it will continue to provide opportunities and experiences for residents, newcomers and visitors alike.