Median Salary
$50,495
Above National Avg
Hourly Wage
$24.28
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Project Managers considering Richardson, TX.
The Project Managerās Guide to Richardson, TX
Welcome to Richardson, Texas. If youāre a Project Manager (PM) looking at this city, youāre likely eyeing the Dallas-Fort Worth metroplexās quieter, more tech-focused sibling. As a local, I can tell you: Richardson isnāt just a bedroom community. Itās a hub. Itās where Dallasās urban energy meets suburban practicality, anchored by the Telecom Corridor and a thriving tech scene. The vibe here is professional, diverse, and driven. The commute to downtown Dallas is a straight shot down US-75 (Central Expressway), but the community stands on its own.
This guide is built on hard data and local insight. Weāll break down the numbers, the neighborhoods, the employers, and the real-world math of living here. Letās get to work.
The Salary Picture: Where Richardson Stands
For a Project Manager, Richardson offers a salary thatās competitive, especially when you factor in the cost of living. The median salary for a Project Manager in Richardson is $102,282/year, which breaks down to an hourly rate of $49.17/hour. This is slightly above the national average of $101,280/year, a strong indicator that the local market values this role.
Richardson is part of the larger Dallas-Fort Worth-Arlington metropolitan statistical area, which has a population of over 7 million. Our local metro population, however, is more intimate at 117,445, offering a balance of opportunity without the overwhelming scale of the core city.
However, the job market here is competitive. The Bureau of Labor Statistics (BLS) indicates there are approximately 234 Project Manager jobs in the metro area. This isnāt a market flooded with openings; itās a specialized market. The 10-year job growth for the region is projected at a modest 6%. This tells you two things: positions are stable and valued, but breaking into the top tier requires a sharp skill set and often, relevant certifications.
Experience-Level Breakdown
Your earning potential in Richardson is directly tied to your experience and specialization. Hereās how salaries typically break down, reflecting the local market.
| Experience Level | Typical Years of Experience | Estimated Annual Salary Range |
|---|---|---|
| Entry-Level | 0-2 years | $75,000 - $85,000 |
| Mid-Level | 3-7 years | $90,000 - $115,000 |
| Senior-Level | 8-15 years | $120,000 - $145,000 |
| Expert/Lead | 15+ years / Specialized | $150,000 - $180,000+ |
Note: These ranges are estimates based on local job postings and industry benchmarks. Specialized PMs in tech (SaaS, telecom) or healthcare can command premiums at the higher end.
Comparison to Other Texas Cities
Richardsonās salary is competitive, but itās important to see where it fits within the Texas landscape. It holds its own against Austinās tech scene and Dallasās corporate core, often at a lower cost of living.
| City | Median Salary (Project Manager) | Cost of Living Index (US Avg = 100) | Key Industries |
|---|---|---|---|
| Richardson | $102,282 | 103.3 | Telecom, Tech, Healthcare |
| Dallas | $105,000+ | 107.0 | Finance, Corporate HQ, Logistics |
| Austin | $108,000+ | 114.0 | Tech, Startups, Government |
| Houston | $103,000 | 96.5 | Energy, Healthcare, Port |
| Fort Worth | $98,000 | 98.0 | Aerospace, Defense, Healthcare |
Richardson sits in a sweet spot: a strong salary relative to the cost of living, especially compared to Austin and Dallas proper.
š Compensation Analysis
š Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A $102,282 salary sounds great on paper. But what does it mean for your monthly budget? Letās run the numbers for a single Project Manager living in Richardson.
Assumptions:
- Gross Annual Salary: $102,282
- Tax Rate (Est. Effective): ~25% (Federal, State, FICA). This is a simplification; actual taxes vary.
- Average 1BR Rent: $1,291/month
- Healthcare & 401(k) Contributions: ~$400/month
Monthly Budget Breakdown
| Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Gross Monthly Pay | $8,523 | $102,282 / 12 |
| Estimated Taxes & Deductions | ~$2,131 | 25% of gross |
| Net Take-Home Pay | ~$6,392 | After taxes & deductions |
| Rent (1BR Average) | $1,291 | 30% of take-home is ideal; this is ~20%. |
| Utilities (Electric, Gas, Internet) | $200 | Average for an apartment. |
| Car Payment/Insurance/Gas | $600 | Richardson is car-dependent. |
| Groceries | $400 | |
| Health Insurance (if not fully covered) | $300 | |
| Discretionary Spending | $3,601 | Dining out, entertainment, savings, etc. |
Can They Afford to Buy a Home?
The median home price in Richardson is approximately $425,000. For a $102,282 salary, a $425,000 home is stretchable but potentially challenging without a significant down payment.
- 20% Down Payment: $85,000 (requires substantial savings).
- Estimated Mortgage Payment (PITI): ~$2,500/month for a $340,000 loan.
- Debt-to-Income Ratio (DTI): The mortgage would be ~30% of your gross monthly income, which is within the standard lender guidelines (usually 28-36%).
Verdict: You can afford to buy a home, but it will be a major budget item. Many PMs in Richardson start in apartments near the Canyon Creek or Bretton Woods neighborhoods before buying in areas like Cochran Heights or Lake Highlands (just south, in Dallas ISD). Renting first is a smart move to understand the commute and neighborhoods.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Richardson's Major Employers
Richardsonās economy is anchored by the "Telecom Corridor," a stretch of US-75 that once housed giants of the telecom industry. Today, itās a mix of legacy tech, modern software, healthcare, and logistics. Here are the key players:
Texas Instruments (TI): A Richardson cornerstone. TIās massive campus on US-75 is a city within a city. They hire PMs for semiconductor manufacturing, R&D, and IT projects. Hiring is steady but highly competitive; they value technical PMs with engineering or hardware backgrounds. Insider Tip: TIās culture is methodical and long-term. They look for PMs who excel in risk management and long-range planning.
Raytheon Technologies: The former ESystems campus is now a major Raytheon facility. Defense, aerospace, and security projects drive their PM needs. This is a high-clearance environment. If you have a security clearance or experience in regulated industries (DOE, DoD), this is a prime target. Hiring trends are stable, tied to government contracts.
Blue Cross Blue Shield of Texas (BCBSTX): With a large campus in Richardson, BCBSTX is a major employer in the healthcare IT and administration space. They need PMs for system implementations, compliance projects (HIPAA), and operational improvements. This is a great path for PMs with a PMP and experience in agile or Scrum methodologies.
Nortek (Linear, GoControl, etc.): A leader in smart home and security technology. Nortekās Richardson office focuses on product development and software projects. They hire PMs with experience in consumer electronics, IoT, and software development lifecycles. Hiring trends are active as the smart home market grows.
SAS Institute: The analytics software giant has a significant presence in the Telecom Corridor. They hire technical PMs for client implementation projects, especially for their cloud and AI solutions. This is a top-tier employer with excellent benefits and a culture of innovation.
Methodist Health System: Methodistās Richardson Hospital is a key healthcare provider. They need PMs for facility expansions, IT system rollouts (like Epic), and community health initiatives. Healthcare PMs with clinical or administrative experience are highly valued here.
FedEx Supply Chain (at the DFW Airport Hub): While the airport is in Irving, Richardson is a prime residential area for logistics PMs. FedEx, UPS, and Amazonās logistics arms have massive operations at DFW. PMs in supply chain, warehouse automation, and transportation projects are in constant demand.
Hiring Trend Insight: The local market is shifting from pure telecom to a broader tech and healthcare base. PMs with certifications (PMP, CSM, SAFe) and experience in cloud migration, cybersecurity, or agile transformations have the most leverage in current negotiations.
Getting Licensed in TX
Texas does not have a state-specific license for Project Managers. The profession is regulated by industry standards and certifications, not a state board. However, for credibility and marketability, certifications are essential.
Key Certifications and Requirements
Project Management Professional (PMP): Offered by the Project Management Institute (PMI). This is the gold standard. It requires:
- A 4-year degree + 36 months of leading projects + 35 hours of project management education.
- Or a high school diploma + 60 months of leading projects + 35 hours of education.
- Cost: ~$555 (non-member) or ~$405 (PMI member).
- Timeline: Study (3-6 months), apply, schedule exam.
Certified ScrumMaster (CSM): From the Scrum Alliance. Essential for tech and software roles.
- Requirement: Attend a 2-day CSM course.
- Cost: ~$995 (includes course and exam).
- Timeline: 2-day course + exam.
Certified Associate in Project Management (CAPM): PMIās entry-level certification. Great for those starting out.
- Requirement: 23 hours of project management education.
- Cost: ~$225 (non-member) or ~$112 (member).
- Timeline: Study (1-2 months).
Insider Tip: In Richardsonās tech sector, PMP + Scrum Master is a powerful combination. For the defense industry (Raytheon), PMP is often required. Get your PMP first if you can; it opens the most doors in the Dallas metro.
Best Neighborhoods for Project Managers
Richardson is not one uniform city. Your choice of neighborhood will dictate your commute, lifestyle, and rent. Hereās a localās guide:
| Neighborhood | Vibe & Commute | Approx. 1BR Rent | Why PMs Like It |
|---|---|---|---|
| Telecom Corridor | Corporate, modern apartments, walkable to offices. US-75 access is instant. | $1,400 - $1,700 | Live where you work. Zero commute for TI, Raytheon, SAS. |
| Canyon Creek | Quiet, established, family-friendly. Good schools. 15-min drive to US-75. | $1,200 - $1,450 | More space, less traffic. Good for PMs with families or who value peace. |
| Bretton Woods / Arapaho | Mix of older homes and new townhomes. Central location, near Spring Creek Forest Preserve. | $1,150 - $1,350 | Balanced lifestyle. Easy drive to Dallas for nightlife, still close to Richardson employers. |
| Cochran Heights | Historic, charming, and walkable. Smaller homes, tight-knit community. | $1,300 - $1,550 (mostly homes) | For PMs who want character and a built-in community. Commute is 10-15 mins to US-75. |
| Lake Highlands (Dallas ISD) | Technically Dallas, but adjacent. Great parks, good schools, vibrant. | $1,250 - $1,500 | Popular with young professionals. More nightlife options, still a reasonable commute to Richardson. |
Commute Reality Check: Traffic on US-75 is notoriously heavy during rush hour. A 10-mile commute can take 25-40 minutes. Living in the Telecom Corridor is the ultimate hack for work-life balance. If you choose a suburb like Canyon Creek, factor in the commute time.
The Long Game: Career Growth
Richardson offers a solid foundation for PMs, but growth requires strategy.
Specialty Premiums:
- Technical PM (IT/Software): You can expect a 10-15% salary premium over the generalist PM. This is the highest-demand sector in Richardson.
- Healthcare PM: Premium of 5-10%, driven by regulatory needs (HIPAA) and system complexity.
- Construction/Facilities PM: Premium of 0-5%. Steady, but less growth than tech.
Advancement Paths:
- Vertical: Senior PM ā Program Manager ā Portfolio Manager ā Director of PMO. This path is well-established in large firms like TI and Raytheon.
- Lateral: PM ā Product Manager, Operations Manager, or Management Consultant. This is common in tech and healthcare.
- Consulting/Contracting: Many PMs in Richardson move into high-paying contract roles via agencies like Robert Half or TEKsystems, especially for short-term projects in the Telecom Corridor.
10-Year Outlook (Based on 6% Job Growth):
The market will grow, but slowly. The key will be adaptability. PMs who master hybrid methodologies (waterfall for defense, agile for software) and can manage remote/global teams will thrive. The rise of AI in project management tools will also demand continuous learning. Expect salaries for top-tier, specialized PMs to outpace the median, potentially reaching $160,000+ in the next decade.
The Verdict: Is Richardson Right for You?
Richardson is not for everyone. Itās a pragmatic choice for a PM who values career stability, a reasonable cost of living, and proximity to major employers without the chaos of a dense urban core.
| Pros | Cons |
|---|---|
| Competitive Salary vs. Cost of Living: $102,282 goes further here than in Austin or Dallas proper. | Traffic: US-75 congestion is a daily reality. |
| Diverse Employer Base: Strong in tech, telecom, healthcare, and defense. | Car Dependency: Public transit (DART) is limited; a car is a must. |
| Top-Rated Schools (Richardson ISD): A major draw for families. | "Suburban Feel": Lacks the walkable, vibrant core of a downtown. |
| Strategic Location: Easy access to DFW Airport and Dallas amenities. | Competitive Job Market: 234 jobs mean you need a standout resume. |
| Established Tech Community: Strong network for PMs in tech and telecom. | Limited Tech Startup Scene: More corporate than entrepreneurial. |
Final Recommendation:
Richardson is an excellent choice for mid-to-senior level Project Managers with 5+ years of experience, especially those in tech, healthcare, or defense. Itās a city that rewards specialization and offers a high quality of life for the price. For early-career PMs, it can be a fantastic launchpad, but youāll need to be strategic about networking and certifications. If youāre looking for a vibrant, 24/7 urban experience, look to Dallasās Uptown or Oak Lawn. If you want a stable, well-paying career in a community that values family and education, Richardson is your spot.
FAQs
1. Do I need to live in Richardson to work there?
No. Many PMs live in nearby Dallas neighborhoods (like Lake Highlands or Preston Hollow) or even Frisco/Plano. The commute is manageable (if sometimes slow). However, living in Richardson maximizes your free time and reduces stress.
2. How important is a PMP certification in Richardsonās job market?
For corporate roles (TI, Raytheon, BCBSTX), itās often a hard requirement. For tech startups and agile environments, a CSM or SAFe certification might be more valued, but a PMP still adds significant credibility. Itās the safest investment in your credentials.
3. Whatās the tech scene like outside of the big employers?
Itās growing but not at Austinās scale. There are small tech firms, SaaS companies, and consultancies in the Telecom Corridor. Networking through groups like TechFW or Dallas New Tech is essential to find these opportunities.
4. Is the cost of living really manageable?
Yes, but itās creeping up. The **Cost of
Other Careers in Richardson
Explore More in Richardson
Dive deeper into the local economy and lifestyle.