Cost of Living in Plano, TX

Population: 287,339 • 2026 Data

$108,649
Median Household Income
+40% vs national
$1,792
Median Monthly Rent
+33% vs national
$440,600
Median Home Value
+30% vs national
4.1%
Unemployment Rate

Housing in Plano

The median home value in Plano, TX is $440,600. Monthly rent for a typical unit averages $1,792, while total monthly housing costs (including utilities and insurance) average $1,829.

Rent-to-income ratio: 19.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Plano, TX is $108,649. The unemployment rate stands at 4.1%, with a labor force of 161,868 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov