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Economy, jobs and prices in Plano, Texas: official figures

The median household income in Plano was $112,253 a year in the 2020-2024 American Community Survey (in 2024 dollars), 144th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Texas median $78,476.

Median household income
$112,253
2020-2024
Unemployment rate (ACS)
4.0%
2020-2024
Mean travel time to work
25.4 min
2020-2024
Median gross rent (monthly)
$1,841
2020-2024
Median home value (owner-occupied)
$465,900
2020-2024
Homes occupied by their owners
56.9%
2020-2024
Households with a broadband subscription
96.6%
2020-2024

What is the per capita income in Plano?

Income per resident (per capita income) in Plano averaged $59,916 a year in 2020-2024, 114th highest of 823 US cities of 50,000 or more (US: $44,673; Texas: $40,752).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Plano?

Plano's Gini index of household income inequality was 0.445 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 405th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Plano, Texas?

4.0% of the civilian labor force in Plano was unemployed on average over 2020-2024 (6,562 people), 174th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Texas' 5.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Plano are working?

69.2% of Plano's 237,338 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 196th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Plano have jobs?

157,272 residents of Plano held civilian jobs, 66.3% of those aged 16 and over (US: 59.7%), and 434 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Plano?

The largest industry group for working residents of Plano was professional, scientific, management and administrative services (21.3% of employed residents), followed by education, health care and social assistance (18.3%) and finance, insurance and real estate (13.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Plano work in manufacturing?

Manufacturing employed 8.2% of working residents of Plano, 357th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 21.3% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Plano, Texas?

Commuters in Plano took 25.4 minutes on average to get to work in 2020-2024, 362nd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.3% travelled an hour or more and 22.9% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Plano get to work?

27.5% of workers living in Plano worked from home in 2020-2024, 72nd highest of 823 US cities of 50,000 or more (US: 15.1%). 61.5% drove to work alone, 6.8% carpooled, 0.7% used public transport and 1.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Plano, Texas?

The median gross rent (rent plus utilities) in Plano was $1,841 a month in 2020-2024, 246th highest of 823 US cities of 50,000 or more (US: $1,413; Texas: $1,403).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Plano?

Owner-occupied homes in Plano had a median value of $465,900 in 2020-2024 as estimated by their owners, 298th highest of 823 US cities of 50,000 or more (US: $332,700; Texas: $283,800).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Plano?

The median home value in Plano was 4.2 times the median household income, 333rd lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Plano, Texas own their home?

56.9% of the 112,438 occupied homes in Plano were lived in by their owners in 2020-2024 and 48,422 were rented, 380th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Texas: 62.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Plano have broadband?

96.6% of households in Plano had a broadband internet subscription of some type in 2020-2024, 71st highest of 823 US cities of 50,000 or more (US: 91.0%; Texas: 91.4%).

Source: U.S. Census Bureau · saved copy

How many households in Plano have no internet?

1.6% of households in Plano (1,843) had no internet access at home in 2020-2024, 45th lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Plano compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Plano ranks 144 of 823, highest first.

RankCityMedian household income (2024 dollars)
141Marana$112,606
142Tustin$112,503
143Gaithersburg$112,467
144Plano$112,253
145Sandy$112,176
146Rowlett$112,081
147Spring Hill$112,013
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Plano ranks 114 of 823, highest first.

RankCityPer capita income (2024 dollars)
111Apex$60,473
112Jersey City$60,429
113Woodbury$60,068
114Plano$59,916
115Charleston$59,875
116Weston$59,866
117Costa Mesa$59,742
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Plano ranks 419 of 823, highest first.

RankCityGini index of household income inequality
416Redondo Beach0.445
417Kokomo0.445
418Eden Prairie0.445
419Plano0.445
420Naperville0.445
421Orland Park0.445
422Weymouth Town0.445
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Plano ranks 650 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
647Fayetteville4.0%
648Wake Forest4.0%
649Sandy Springs4.0%
650Plano4.0%
651Homestead4.0%
652Plantation4.0%
653Wylie4.0%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Plano ranks 196 of 823, highest first.

RankCityLabor force participation rate (16 and over)
193Santa Monica69.2%
194Joliet69.2%
195Greenville69.2%
196Plano69.2%
197Revere69.2%
198La Mesa69.2%
199Greenwood69.2%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Plano ranks 362 of 823, highest first.

RankCityMean travel time to work (minutes)
359Killeen25.5
360Broomfield25.5
361Baytown25.4
362Plano25.4
363National City25.4
364Lacey25.4
365Westland25.4
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Plano ranks 72 of 823, highest first.

RankCityWorkers who worked from home
69St. Louis Park28.1%
70Irvine28.0%
71Pasadena27.6%
72Plano27.5%
73Minnetonka27.4%
74Carmel27.4%
75Royal Oak27.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Plano ranks 543 of 823, highest first.

RankCityWorkers commuting by public transportation
540Encinitas0.7%
541Texas City0.7%
542Lubbock0.7%
543Plano0.7%
544Marietta0.7%
545Huntington Beach0.6%
546Blaine0.6%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Plano ranks 467 of 823, highest first.

RankCityEmployed residents working in manufacturing
464Fort Pierce8.3%
465Champaign8.2%
466Chino8.2%
467Plano8.2%
468Murray8.2%
469Bridgeport8.2%
470Prescott Valley8.2%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Plano ranks 749 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
746Carlsbad18.4%
747Sandy Springs18.4%
748Apex18.3%
749Plano18.3%
750Baytown18.3%
751Sammamish18.3%
752Commerce City18.3%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Plano ranks 246 of 823, highest first.

RankCityMedian gross rent per month
243Spring Hill$1,844
244Edina$1,844
245Peoria$1,843
246Plano$1,841
247Fontana$1,839
248Aurora$1,835
249Huntersville$1,834
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Plano ranks 298 of 823, highest first.

RankCityMedian value of owner-occupied homes
295Aurora$469,100
296Chico$468,100
297Provo$467,200
298Plano$465,900
299West New York$465,600
300Oak Park$465,500
301Allen$464,100
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Plano ranks 488 of 820, highest first.

RankCityMedian home value as a multiple of median household income
485Nashua4.2x
486Las Cruces4.2x
487Lafayette4.2x
488Plano4.2x
489Sherman4.1x
490Frederick4.1x
491Coconut Creek4.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Plano ranks 444 of 823, highest first.

RankCityOccupied homes lived in by their owners
441Lorain57.1%
442Dothan57.1%
443Fort Worth57.0%
444Plano56.9%
445Hampton56.9%
446Lodi56.8%
447Redlands56.8%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Plano ranks 71 of 823, highest first.

RankCityHouseholds with a broadband subscription
68Arcadia96.6%
69Redondo Beach96.6%
70Roswell96.6%
71Plano96.6%
72Cupertino96.6%
73Laguna Niguel96.5%
74North Richland Hills96.5%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Plano ranks 779 of 823, highest first.

RankCityHouseholds with no internet access
776Cary1.7%
777Dunwoody1.6%
778Fishers1.6%
779Plano1.6%
780Bowie1.6%
781Collierville1.5%
782South Jordan1.5%
Source: U.S. Census Bureau · saved copy

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Sources

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