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CITY · 2020 ACS

Ricardo

Texas · 1,075 residents · 4.464 sq mi
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The short version

Ricardo has notably lower household income than the US average, with a median household income of $41,875. The city has grown rapidly, with population up 59% since 2019. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $84,800. The poverty rate of 34.7% is well above the national figure. Households here earn about 34% less than the Texas median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 38.9
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
More affordable
home values down 12%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

1,075
+59%since 2019
from 674 in 2019
2010 – 2024
241 / sq mi
+59%since 2019
from 151 / sq mi in 2019
US average: 280
38.9
+2%since 2019
from 38.2 in 2019
US average: 38.8
Population, 20102024
4706929131K1K201020202024Ricardo
20241K
201020202024
Section 02

Income & economy

$41,875
−15%inflation adjusted, since 2019
from $48,490 in 2019
US average: $66,278
2010 – 2024
$17,821
−9%since 2019
from $19,580 in 2019
US average: $35,364
Households earning $100K+
25.4%
−5.1 ptssince 2019
from 30.5% in 2019
US average: 43.9%
34.7%
+30.6 ptssince 2019
from 4.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Information31.3%
US avg: 11.1%
Agriculture, forestry, fishing10%
US avg: 1.7%
Construction10%
US avg: 1.2%
Retail trade9.6%
US avg: 10%
Wholesale trade5.4%
US avg: 6.7%
Finance & insurance3.3%
US avg: 5.5%
Professional, scientific, technical3.3%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$84,800
−12%inflation adjusted, since 2019
from $95,000 in 2019
US average: $265,253
2010 – 2024
83.2%
−7.9 ptssince 2019
from 91.1% in 2019
16.8% rent
2.0
+3%since 2019
from 2.0 in 2019
2010 – 2024
RELATED:See current rent listings in Ricardo on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic14.4%(97)
Black0%(0)
Hispanic / Latino85.6%(577)
Asian0%(0)
Other0%(0)
Diversity Score30.8%(208)
2020
White, non-Hispanic21%(226)
Black0%(0)
Hispanic / Latino77.4%(832)
Asian0.1%(1)
Other0%(0)
Diversity Score42.2%(453)
42
+37%since 2019
from 31 in 2019
2010 – 2024
Section 05

Education

14.2%
−12.0 ptssince 2019
from 26.1% in 2019
US average: 32.9%
High school or higher
57.3%
−22.0 ptssince 2019
from 79.3% in 2019
US average: 88.5%
5.4%
+5.4 ptssince 2019
from 0.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

32.9 min
−24%since 2019
from 43.5 min in 2019
US average: 26.9
100.0%
+9.7 ptssince 2019
from 90.3% in 2019
US average: 75.1%
0.0%
−5.6 ptssince 2019
from 5.6% in 2019
US average: 8.4%
Section 07

Work & employment

0.0%
−9.0 ptssince 2019
from 9.0% in 2019
US average: 5.4%
40.1%
−18.0 ptssince 2019
from 58.1% in 2019
US average: 63.4%
20.0%
+3.1 ptssince 2019
from 16.9% in 2019
US average: 39.3%
Section 08

People & community

34.5%
−6.3 ptssince 2019
from 40.8% in 2019
65.5%
+6.3 ptssince 2019
from 59.2% in 2019
2.6%
−0.5 ptssince 2019
from 3.1% in 2019
US average: 13.5%
1.9%
−10.6 ptssince 2019
from 12.5% in 2019
US average: 8.8%
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Frequently asked

How many people live in Ricardo, Texas?

Ricardo, Texas has about 1,075 residents according to the 2020 American Community Survey.

What is the median household income in Ricardo, Texas?

The typical household in Ricardo, Texas earns about $41,875 a year. Half of households make more than that, and half make less.

Is Ricardo, Texas expensive?

In Ricardo, Texas, the median home is worth about $84,800.

How educated are people in Ricardo, Texas?

About 14.2% of adults age 25 and over in Ricardo, Texas hold a bachelor's degree or higher.

What is the poverty rate in Ricardo, Texas?

About 34.7% of people in Ricardo, Texas live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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