Pros and Cons of Living In Plano, Texas. Is Plano, TX a Nice Place To Live or Retire?

Plano, Texas

Moving to Plano In Texas ? Is Plano, TX a Nice Place To Live? Pros and Cons of Living in Plano, Texas. Find out the best and worst about to live, raise a family or retire in Plano.

Plano ( PLAY-noh) is a city in the U.S. state of Texas, where it is the largest city in Collin County. Plano is also one of the principal cities of the Dallas-Fort Worth metropolitan area. With a population of 285,494 at the 2020 census, it is the ninth most-populous city in Texas, and, respectively, the 72nd most populous city in the United States.

Plano's economy is a large part of Dallas' economy, home to many large companies such as Frito Lay, JCPenney, Pizza Hut, and other major distributors. Plano has also been named as both one of the fastest growing cities and one of the best places to live in the country.

DEMOGRAPHICS

Population
288870
Unemployment
4%
15% NAT AVG.
Poverty
6.3%
55% NAT AVG.
Cost Of Living
114
14% NAT AVG.

ECONOMICS

Median Home Cost
$341800
49% NAT AVG.
Median Income
$96348
43% NAT AVG.
Median Rent
$1447
25% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
5236
23% NAT. AVG.
33% STATE AVG.
Violent Crime
452
60% NAT. AVG.
65% STATE AVG.
Property Crime
4784
16% NAT. AVG.
27% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 16
Unemployed People
1 in 25
People Earning < $10,000
1 in 26
People Earning < $50,000
22.7%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Plano USA
White 51.3% 60.1%
African American 8.6% 12.2%
American Indian 0.3% 0.6%
Asian 21.7% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.8% 2.8%
Hispanic 15% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Plano USA
Less than $10,000 3.8% 5.8%
$10,000 to $14,999 1.5% 4.1%
$15,000 to $24,999 3.6% 8.5%
$25,000 to $34,999 5.1% 8.6%
$35,000 to $49,999 8.7% 12.0%
$50,000 to $74,999 15.3% 17.2%
$75,000 to $99,999 14% 12.8%
$100,000 to $149,999 19.7% 15.6%
$150,000 to $199,999 12.4% 7.1%

EDUCATION

Education Plano USA
< 9th Grade 2% 5.0%
9-12th Grade 3% 7.0%
High School or GED 13% 27.0%
Other College 17% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 36% 20.0%
Master's Degree 17% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
Plano is a city in Texas state in USA with a population of 288870 residents.. The poverty rate of Plano is 6.3%, which is 55% lower than national average. The typical household in Plano earns $96348 a year, compared to the national median of $67,500. Nearly 22.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Plano remained 4%, which is 15% lower than national rate.

Cost of living in Plano is 114, which is 14% higher than national average. In Plano, only 58% of adults have a bachelor's degree and 24% have some college but no degree. Median home value in Plano is $341800 , which is 49% higher than national average. While median income in Plano remained $96348, which is 43% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Plano Scorecard

Jobs85%

Housing90%

Affordability70%

Safety70%

Amenities95%

Diversity100%

Education90%

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