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With a thriving economy bolstered by the telecommunications industry, affordable living costs, and low crime rates, Richardson could be a great place to relocate! The cost of living in Richardson is low, at six percent below the national average. Housing is incredibly affordable in the region, falling a staggering 21 percent below the average rate in the country. Some of the city's wealthiest residents live in the Northstar Road/East Renner Road region, the Buckingham neighborhood, and the North Collins Boulevard/Fall Creek Drive area. If you are relocating with a family and safety is your primary concern, the sections of the city with the lowest rates of crime include Mimosa Drive/West Campbell Road, East Renner Road/Brand Road, North Collins Boulevard/Fall Creek Drive, and Custer Parkway/West Renner Road.