Plano, TX
PLANO, TEXAS: Demographic and Financial Snapshot
(Last updated on 1.8.21)
AGE IN PLANO, TEXAS
Age Range | Population | Percent |
20 to 24 years | 16,342 | 5.7% |
25 to 29 years | 18,650 | 6.6% |
30 to 34 years | 20,859 | 7.3% |
35 to 39 years | 20,137 | 7.1% |
40 to 44 years | 21,357 | 7.5% |
45 to 49 years | 21,092 | 7.4% |
50 to 54 years | 21,683 | 7.6% |
55 to 59 years | 20,006 | 7.0% |
60 to 64 years | 16,907 | 5.9% |
65 to 69 years | 13,807 | 4.9% |
70 to 74 years | 9,062 | 3.2% |
75 to 79 years | 6,146 | 2.2% |
80 to 84 years | 3,519 | 1.2% |
85+ years | 3,556 | 1.2% |
The median age in Plano is 38.6 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN PLANO, TEXAS
Ethnicity | Population | Percent |
White | 186,789 | 65.6% |
Black or African American | 23,858 | 8.4% |
American Indian and Alaska Native | 1,308 | 0.5% |
Asian | 58,044 | 20.4% |
Native Hawaiian and Other Pacific Islander | 279 | 0.1% |
Other | 5,677 | 2.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN PLANO, TEXAS
Education Level | Population | Percent |
Less than 9th grade | 7,234 | 3.7% |
9th to 12th grade, no diploma | 5,772 | 2.9% |
High school graduate (includes GED) | 24,714 | 12.6% |
Some college, no degree | 34,973 | 17.8% |
Associate’s degree | 12,419 | 6.3% |
Bachelor’s degree | 68,901 | 35.0% |
Graduate or professional degree | 42,768 | 21.7% |
High school graduate or higher | 183,775 | 93.4% |
Bachelor’s degree or higher | 111,669 | 56.7% |
Less than Bachelor’s degree | 85,112 | 43.3% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN PLANO, TEXAS
Annual Household Income | Percent |
Less than $10,000 | 4.0% |
$10,000 to $14,999 | 1.8% |
$15,000 to $24,999 | 4.4% |
$25,000 to $34,999 | 5.4% |
$35,000 to $49,999 | 8.8% |
$50,000 to $74,999 | 16.4% |
$75,000 to $99,999 | 12.8% |
$100,000 to $149,999 | 20.2% |
$150,000 to $199,999 | 12.0% |
$200,000 or more | 14.3% |
Median household income: $92,121
Mean household income: $121,765
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN PLANO, TEXAS
Education Level | Average Income |
Less than high school graduate | $21,695 |
High school graduate (includes GED) | $31,097 |
Some college or Associate’s degree | $43,642 |
Bachelor’s degree | $64,316 |
Graduate or professional degree | $85,684 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN PLANO, TEXAS
Population | Percent | |
Population 15+ years | 234,850 | NA |
Never married | 63,891 | 27.2% |
Now married (except separated) | 135,324 | 57.6% |
Separated | 3,266 | 1.4% |
Widowed | 9,557 | 4.1% |
Divorced | 22,812 | 9.7% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN PLANO, TEXAS
Population | Percent | |
Living beneath poverty line | 19,375 | 6.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN PLANO, TEXAS
Owner-occupied housing units | 63,652 |
Renter-occupied housing units | 41,905 |
Single-family detached units | 70,577 |
Homeownership rate | 60.3% |
Vacancy rate | 5.0% |
Renters rate | 39.7% |
Average housing value | $323,818 |
Average monthly owner cost (with mortgage) | $1,474 |
Average rent | $1,252 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN PLANO, TEXAS
Average income | $121,765 |
Average household size | 2.69 |
Percent population 16 years and over in labor force | 69.9% |
Percent disabled | 7.2% |
Percent with health coverage | 88.9% |
Average travel time to work (in minutes) | 26.9 |
Percent workers using public transportation | 1.3% |
Percent veterans | 5.2% |
Percent foreign born | 26.6% |
Percent speaking Spanish at home | 4.9% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN PLANO, TEXAS
Total consumer expenditures per household | $103,542.70 |
Alcoholic beverages | $838.94 |
Alcoholic beverages consumed at home | $495.15 |
Beer consumed away from home | $142.63 |
Wine consumed away from home | $79.51 |
Apparel & services | $3,032.75 |
Men’s apparel | $581.70 |
Women’s apparel | $1,016.26 |
Children’s apparel | $460.79 |
Boys’ apparel | $158.03 |
Girls’ apparel | $173.84 |
Footwear | $674.50 |
Dining out (food away from home) | $5,198.39 |
Dining out – Breakfast | $520.81 |
Dining out – Lunch | $1,610.76 |
Dining out – Dinner | $2,436.72 |
Education | $2,321.82 |
Entertainment / recreation | $4,477.61 |
Club membership fees | $350.64 |
Dating services | $1.03 |
Pet food | $337.14 |
Pet services | $96.86 |
Food consumed at home | $7,016.84 |
Bakery products consumed at home | $919.58 |
Dairy products consumed at home | $720.31 |
Fruits and vegetables consumed at home | $1,400.57 |
Meat, poultry, fish, eggs consumed at home | $1,545.61 |
Nonalcoholic beverages consumed at home | $669.58 |
Snacks / other food products consumed at home | $2,430.78 |
Health care | $7,838.50 |
Medical services | $1,485.23 |
Nonprescription drugs | $190.17 |
Household Services | $2,909.53 |
Care for the elderly and handicapped | $91.05 |
Lawn and garden services | $627.78 |
Housekeeping services | $275.58 |
PC repair | $9.21 |
Housing | $32,475.43 |
Home improvements | $3,771.82 |
Utilities, fuel, and public services | $6,419.14 |
Phone services | $2,359.02 |
Water | $986.73 |
Life and other insurance | $612.96 |
Pensions and social security | $11,753.90 |
Personal care products and services | $1,264.76 |
Hair care products | $149.48 |
Personal care products | $562.79 |
Local transportation | $11,479.26 |
Gasoline | $2,976.16 |
Vehicle maintenance and repair | $1,565.13 |
Travel | $3,209.44 |
Airline fares | $805.38 |
Auto / truck rental on trips | $38.56 |
Lodging on trips | $878.74 |
Food and drink on trips | $767.43 |
Entertainment on trips | $271.74 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN COLLIN COUNTY (home to PLANO, TEXAS)
% with any debt in collections | 28% |
Average debt in collections | $1,710 |
% with medical debt in collections | 18% |
Average medical debt in collections | $795 |
% with student loan debt | 16% |
Average student loan debt | $20,677 |
Average monthly student loan payment | $201 |
% with auto debt | 36% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN PLANO, TEXAS
Year | Population | Percent |
January 2019 | 5,865 | 3.6% |
February 2019 | 5,380 | 3.3% |
March 2019 | 5,039 | 3.1% |
April 2019 | 4,442 | 2.7% |
May 2019 | 4,554 | 2.8% |
June 2019 | 5,224 | 3.2% |
July 2019 | 5,404 | 3.3% |
August 2019 | 5,383 | 3.3% |
September 2019 | 4,939 | 3.0% |
October 2019 | 4,933 | 3.0% |
November 2019 | 4,862 | 2.9% |
December 2019 | 4,621 | 2.8% |
January 2020 | 5,161 | 3.1% |
February 2020 | 4,994 | 3.0% |
March 2020 | 6,985 | 4.3% |
April 2020 | 17,630 | 11.6% |
May 2020 | 17,095 | 10.9% |
June 2020 | 11,613 | 7.2% |
July 2020 | 10,613 | 6.5% |
August 2020 | 9,091 | 5.4% |
September 2020 | 10,543 | 6.3% |
October 2020 | 8,360 | 5.1% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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