Ricardo, TX

Census Place

2024 Population

1,132

US Senator

John Cornyn

Republican Party

US Senator

Ted Cruz

Republican Party

2024 Median Age

43.8

9.5% 1-year increase

2024 Poverty Rate

40.1%

5.44% 1-year increase

2024 Median Household Income

$70,391

3.35% 1-year growth

2024 Median Property Value

$246,700

14.1% 1-year growth

Population & Diversity

Ricardo, TX is home to a population of 1.13k people, from which 99.4% are citizens.

As of 2024, 1.94% of Ricardo, TX residents were born outside of the country (22 people).

In 2024, there were 2.97 times more Two Races Including Other (Hispanic) residents (626 people) in Ricardo, TX than any other race or ethnicity. There were 211 White (Non-Hispanic) and 147 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.4%

2024 Citizenship

99.8%

2023 Citizenship

As of 2024, 99.4% of Ricardo, TX residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Ricardo, TX was 99.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Ricardo, TX compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Ricardo, TX

Two Races Including Other (Hispanic)
626 ± 412
White (Non-Hispanic)
211 ± 117
Other (Hispanic)
147 ± 107

79.9%

Hispanic Population

904 people

79.9% of the people in Ricardo, TX are hispanic (904 people).

The following chart shows the 8 races represented in Ricardo, TX as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Texas.

Most Common Origin

Mexico
2,408,340 ± 36,549 people
India
354,317 ± 14,528 people
El Salvador
223,512 ± 11,564 people

In 2024, the most common birthplace for the foreign-born residents of Texas was Mexico, the natal country of 2,408,340 Texas residents, followed by India with 354,317 and El Salvador with 223,512.

Foreign-Born Population

1.94%

2024 Foreign-Born Population

22 people

1.68%

2023 Foreign-Born Population

18 people

As of 2024, 1.94% of Ricardo, TX residents (22 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Ricardo, TX was 1.68%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Ricardo, TX compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
53 ± 52
Gulf War (2001-)
39 ± 39
Gulf War (1990s)
17 ± 27

Ricardo, TX has a large population of military personnel who served in Vietnam, 1.36 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Ricardo, TX.

Economy

The economy of Ricardo, TX employs 407 people. In 2024, the largest industries in Ricardo, TX were Retail Trade (106 people), Manufacturing (82 people), and Construction (57 people), and the highest paying industries were Manufacturing ($51,731), Health Care & Social Assistance ($34,327), and Educational Services, & Health Care & Social Assistance ($33,173).

Employment

Occupations

407

2024 Value

± 167

32.6%

1 Year growth

± 48.2%

From 2023 to 2024, employment in Ricardo, TX grew at a rate of 32.6%, from 307 employees to 407 employees.

The most common job groups, by number of people living in Ricardo, TX, are Construction & Extraction Occupations (57 people), Business & Financial Operations Occupations (52 people), and Office & Administrative Support Occupations (41 people). This chart illustrates the share breakdown of the primary jobs held by residents of Ricardo, TX.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Texas.

This chart shows weekly unemployment insurance claims in Texas (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

407

2024 Value

± 167

32.6%

1 Year growth

± 48.2%

From 2023 to 2024, employment in Ricardo, TX grew at a rate of 32.6%, from 307 employees to 407 employees.

The most common employment sectors for those who live in Ricardo, TX, are Retail Trade (106 people), Manufacturing (82 people), and Construction (57 people). This chart shows the share breakdown of the primary industries for residents of Ricardo, TX, though some of these residents may live in Ricardo, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$51,538

Median earning men ± $35,557

$33,365

Median earning women ± $34,006

The industries with the best median earnings for men in 2024 are Manufacturing ($76,477) and Retail Trade ($22,143).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($34,231).

Housing & Living

The median property value in Ricardo, TX was $246,700 in 2024, which is 0.742 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $216,300 to $246,700, a 14.1% increase. The homeownership rate in Ricardo, TX is 95.9%, which is higher than the national average of 65.2%.

People in Ricardo, TX have an average commute time of 24.4 minutes, and they drove alone to work. Car ownership in Ricardo, TX is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$246,700

Median Property Value 2024

±$149,205

$352

Median Property Taxes

±$133

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Ricardo, TX the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Ricardo, TX compared to it's parent and neighbor geographies.

Rent vs Own

95.9%

Homeownership

2024

70.3%

Homeowners with Mortgage

2024

In 2024, 95.9% of the housing units in Ricardo, TX were occupied by their owner. This percentage grew from the previous year's rate of 94.2%.

This chart shows the percentage of owner in Ricardo, TX compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$70,391

Median Household Income

± $30,232

367

Number of Households

± 141

In 2024, the median household income of the 367 households in Ricardo, TX grew to $70,391 from the previous year's value of $68,108.

The following chart displays the households in Ricardo, TX distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Ricardo, TX is from Texas.

0.475

2024 Wage GINI in Texas

0.475

2023 Wage GINI in Texas

In 2024, the income inequality in Texas was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.0391% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Texas was higher than than the national average of 0.474. In other words, wages are distributed less evenly in Texas in comparison to the national average.

This chart shows the number of workers in Texas across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (80.6%)
Worked At Home (16.7%)
Carpooled (2.7%)

In 2024, 80.6% of workers in Ricardo, TX drove alone to work, followed by those who worked at home (16.7%) and those who carpooled to work (2.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.4 minutes

Average Travel Time

Using averages, employees in Ricardo, TX have a shorter commute time (24.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Ricardo, TX have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Ricardo, TX compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Ricardo, TX distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Ricardo, TX have 2 cars.

Poverty

Poverty & Diversity

40.1% of the population for whom poverty status is determined in Ricardo, TX (454 out of 1.13k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 6 - 11, followed by Females 5 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Ricardo, TX is Hispanic, followed by Two Or More and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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