Income & Economy in Plano, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$108,649

+48% vs national

Per Capita Income

$57,753

+55% vs national

Poverty Rate

7.1%

-48% vs national

Gini Index

0.4467

0 = perfect equality

Unemployment

4.1%

-21% vs national

SNAP Recipients

3.4%

of households

How Plano Compares

Source: Census ACS (2023)

Plano vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 250,000 - 500,000 residents. Plano is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Plano. The median household income here is $108,649.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.0%
$25-50K
10.7%
$50-75K
14.0%
$75-100K
13.1%
$100-150K
19.5%
$150-200K
12.7%
$200K+
22.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.1%

-19% vs TX avg

Labor Force

161,868

Employed

154,943

Mean Commute

19 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

41.5%

of adults 25+

High School Diploma+

50.4%

of adults 25+

Median Age

39.3

Work from Home

25.3%

of workers

The median household income in Plano, TX is $108,649, which is 48.4% above the national average of $73,224. Per capita income is $57,753. The poverty rate of 7.1% is lower than the TX state average of 14.9%. The Gini index of income inequality is 0.4467, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.1%, compared to the state average of 5.1%. 41.5% of adults hold a bachelor's degree or higher. The average commute time is 19 minutes, with 25.3% working from home.