Plano, TX

PLANO, TEXAS: Demographic and Financial Snapshot

(Last updated on 1.8.21)

 

AGE IN PLANO, TEXAS

Age RangePopulationPercent
20 to 24 years16,3425.7%
25 to 29 years18,6506.6%
30 to 34 years20,8597.3%
35 to 39 years20,1377.1%
40 to 44 years21,3577.5%
45 to 49 years21,0927.4%
50 to 54 years21,6837.6%
55 to 59 years20,0067.0%
60 to 64 years16,9075.9%
65 to 69 years13,8074.9%
70 to 74 years9,0623.2%
75 to 79 years6,1462.2%
80 to 84 years3,5191.2%
85+ years3,5561.2%

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

EthnicityPopulationPercent
White186,78965.6%
Black or African American23,8588.4%
American Indian and Alaska Native1,3080.5%
Asian58,04420.4%
Native Hawaiian and Other Pacific Islander2790.1%
Other5,6772.0%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Race

 

EDUCATION IN PLANO, TEXAS

Education LevelPopulationPercent
Less than 9th grade7,2343.7%
9th to 12th grade, no diploma5,7722.9%
High school graduate (includes GED)24,71412.6%
Some college, no degree34,97317.8%
Associate’s degree12,4196.3%
Bachelor’s degree68,90135.0%
Graduate or professional degree42,76821.7%
High school graduate or higher183,77593.4%
Bachelor’s degree or higher111,66956.7%
Less than Bachelor’s degree85,11243.3%

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 IncomePercent
Less than $10,0004.0%
$10,000 to $14,9991.8%
$15,000 to $24,9994.4%
$25,000 to $34,9995.4%
$35,000 to $49,9998.8%
$50,000 to $74,99916.4%
$75,000 to $99,99912.8%
$100,000 to $149,99920.2%
$150,000 to $199,99912.0%
$200,000 or more14.3%

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 LevelAverage 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

 PopulationPercent
Population 15+ years 234,850 NA
Never married63,89127.2%
Now married (except separated)135,32457.6%
Separated3,2661.4%
Widowed9,5574.1%
Divorced22,8129.7%

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

 PopulationPercent
Living beneath poverty line19,3756.8%

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 units63,652
Renter-occupied housing units41,905
Single-family detached units70,577
Homeownership rate60.3%
Vacancy rate5.0%
Renters rate39.7%
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 size2.69
Percent population 16 years and over in labor force69.9%
Percent disabled7.2%
Percent with health coverage88.9%
Average travel time to work (in minutes)26.9
Percent workers using public transportation1.3%
Percent veterans5.2%
Percent foreign born26.6%
Percent speaking Spanish at home4.9%

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 collections28%
Average debt in collections$1,710
% with medical debt in collections18%
Average medical debt in collections$795
% with student loan debt16%
Average student loan debt$20,677
Average monthly student loan payment$201
% with auto debt36%

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

YearPopulationPercent
January 20195,8653.6%
February 20195,3803.3%
March 20195,0393.1%
April 20194,4422.7%
May 20194,5542.8%
June 20195,2243.2%
July 20195,4043.3%
August 20195,3833.3%
September 20194,9393.0%
October 20194,9333.0%
November 20194,8622.9%
December 20194,6212.8%
January 20205,1613.1%
February 20204,9943.0%
March 20206,9854.3%
April 202017,63011.6%
May 202017,09510.9%
June 202011,6137.2%
July 202010,6136.5%
August 20209,0915.4%
September 202010,5436.3%
October 20208,3605.1%

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)