Plano, IL
Population 11,626 · Illinois
About Plano, IL
Plano is a mid-sized city located in Illinois with a population of 11,626 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,102 per year, which is 11% above the national median of $75,149. The median age of 33.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Plano features a median home value of $221,100, which is 10% below the national median of $244,900. This positions Plano in a moderately priced market relative to the rest of the country. Median monthly rent is $1,590, 37% above the national average of $1,163/month. Of the 4,140 total housing units, 74% are owner-occupied (2,846 units) and 26% are renter-occupied (1,025 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Plano shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Plano have an average one-way commute time of 30.9 minutes.
Education & Demographics
27.6% of Plano residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 28.5% White, 1.3% Hispanic or Latino, 2.3% Black or African American, and 5.3% Asian residents, with 12.6% of the population being foreign-born.
Cost of Living in Plano, IL
Compared to national averages, Plano has a median household income of $83,102 (11% above the national median of $75,149). Home values average $221,100, which is 10% below the national median. Monthly rent at $1,590 is 37% above the US average of $1,163. Within Illinois, Plano's income is 11% above the state average of $75,072, and home values are 33% above the state median of $165,779.
Why Live in Plano, IL?
Plano offers a strong local economy with a median household income of $83,102, well above the national average, and affordable housing with a median home value of $221,100, below the US average of $244,900, and a low poverty rate of 8.2%, better than the national average.
Plano has a population of 11,626 with a median age of 33.1 years. Compare Plano with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Plano
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| River Forest | 11,489 | $148,711 | $676,900 | Compare |
| Pontiac | 11,483 | $59,579 | $110,200 | Compare |
| Schiller Park | 11,454 | $67,473 | $276,200 | Compare |
| Palos Heights | 11,817 | $107,974 | $350,000 | Compare |
| Markham | 11,434 | $52,364 | $119,500 | Compare |
| Centralia | 12,009 | $47,308 | $81,600 | Compare |
| Taylorville | 11,149 | $52,720 | $106,300 | Compare |
| Burr Ridge | 11,119 | $154,508 | $694,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Plano With Other Cities
Frequently Asked Questions about Plano
What is the population of Plano, IL?
The population of Plano, IL is 11,626 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Plano?
The median household income in Plano, IL is $83,102 per year, which is 11% above the national median of $75,149.
What is the median home value in Plano?
The median home value in Plano, IL is $221,100, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Plano?
The median monthly rent in Plano, IL is $1,590, which is 37% above the national average of $1,163/month.
What is the unemployment rate in Plano?
The unemployment rate in Plano, IL is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Plano, IL a good place to live?
Plano offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 11,626 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Plano, IL?
27.6% of residents in Plano aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Plano?
Key cost-of-living indicators for Plano, IL: median home value is $221,100 (10% below national), median rent is $1,590/month, and median household income is $83,102. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Plano?
The poverty rate in Plano, IL is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Plano, IL?
Plano's population is 28.5% White, 1.3% Hispanic or Latino, 2.3% Black or African American, 5.3% Asian, and 4.7% two or more races. 12.6% of residents are foreign-born.