Plano, TX
Population 287,339 · Texas
About Plano, TX
Plano is a major city located in Texas with a population of 287,339 residents according to the latest US Census Bureau American Community Survey data. The median household income is $108,649 per year, which is 45% above the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Plano features a median home value of $440,600, which is 80% above the national median of $244,900. This places Plano in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,792, 54% above the national average of $1,163/month. Of the 116,440 total housing units, 57% are owner-occupied (62,592 units) and 43% are renter-occupied (47,930 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Plano shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Plano have an average one-way commute time of 25.6 minutes.
Education & Demographics
59.2% of Plano residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 10.6% White, 1.5% Hispanic or Latino, 0.7% Black or African American, and 4.7% Asian residents, with 28.7% of the population being foreign-born.
How Plano Ranks in Texas
Cost of Living in Plano, TX
Compared to national averages, Plano has a median household income of $108,649 (45% above the national median of $75,149). Home values average $440,600, which is 80% above the national median. Monthly rent at $1,792 is 54% above the US average of $1,163. Within Texas, Plano's income is 49% above the state average of $72,726, and home values are 108% above the state median of $211,769.
Why Live in Plano, TX?
Plano offers a strong local economy with a median household income of $108,649, well above the national average, and a well-educated community where 59.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $440,600. However, as a major city, Plano provides access to a wide range of amenities and services.
Plano has a population of 287,339 with a median age of 39.3 years. Compare Plano with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Plano
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lubbock | 261,078 | $60,487 | $197,900 | Compare |
| Corpus Christi | 317,383 | $66,325 | $197,100 | Compare |
| Laredo | 255,949 | $63,264 | $182,400 | Compare |
| Irving | 255,036 | $79,641 | $287,300 | Compare |
| Garland | 245,298 | $74,717 | $248,900 | Compare |
| Frisco | 210,238 | $146,158 | $595,400 | Compare |
| McKinney | 202,314 | $120,273 | $439,500 | Compare |
| Amarillo | 200,945 | $62,469 | $186,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Plano, TX is 287,339 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Texas.
What is the median household income in Plano?
The median household income in Plano, TX is $108,649 per year, which is 45% above the national median of $75,149.
What is the median home value in Plano?
The median home value in Plano, TX is $440,600, which is 80% above 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, TX is $1,792, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Plano?
The unemployment rate in Plano, TX is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Plano, TX a good place to live?
Plano offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 287,339 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Plano, TX?
59.2% of residents in Plano aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Plano?
Key cost-of-living indicators for Plano, TX: median home value is $440,600 (80% above national), median rent is $1,792/month, and median household income is $108,649. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Plano?
The poverty rate in Plano, TX is 7.1%, 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, TX?
Plano's population is 10.6% White, 1.5% Hispanic or Latino, 0.7% Black or African American, 4.7% Asian, and 8.9% two or more races. 28.7% of residents are foreign-born.