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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