Plano had its beginnings as something of a backwater, a stretch of unwooded and uninhabited area first settled by Europeans in the 1840s. What Is the Cost of Living in Plano? While the unemployment rate still may be low after long periods of quarantine and shutdowns, as of May 2021, over 15,900 jobs were brought to the area. But, you probably get the point by now. Are schools in the city a good fit for my kids? If you want to see if you can raise your income in this area, it might be time to get that old resume out of the drawer and apply in this city. Enter your email to be added to our mailing list. An example of data being processed may be a unique identifier stored in a cookie. Many families live in Prosper and residents tend to lean conservative. Under its location in Texas, Plano radiates Southern charm and warmth, one of the significant advantages of living in this city. Art lovers can spend days exploring the Downtown Plano Arts District with its community of performing arts events, galleries, boutiques and concert halls. Due to these policies, some new Texans have claimed to have saved substantial money by relocating to the state. While Plano may have pretty moderate weather, the city is located on the south end of Tornado Alley. When you consider Planos housing price cuts, average time on the market, and list-to-sale price ratio, youll understand why the city is a buyers market. In recent years, the property market in Plano has experienced a decline. by Marta Kovachek Laredo lies on the banks of the Rio Grande River in South Texas, 200 miles inland from the Gulf of Mexico and was founded in 1755. Thus, moving around is quite hassle-free. Here are some common items you might buy, and their prices according to Numbeo: Prospective residents from outside the state will be glad to hear that Texas has no property tax or income tax. There are two nature preserves we love visiting: Arbor Hills and Oak Point. Utility costs in Plano are 2% lower than the national average while transportation costs are 4% higher. A post shared by Dallas Apartment Locators (@legacylocator). PINSTACK Plano:Featuring a bowling alley, laser tag, arcade games, and a bar and grill. The standard of living is strong; the unemployment rate is low (minus the confusion COVID ushered in); and the people are laid back and spectacular. The average rent in the city is $1,277 per month, while the median rent is $2,000. The fresh produce is drool-worthy and the prices will never be beat at any of your local HEB stores. @media(min-width:0px){#div-gpt-ad-combadi_com-mobile-leaderboard-2-0-asloaded{max-width:250px!important;max-height:250px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-mobile-leaderboard-2','ezslot_18',130,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-mobile-leaderboard-2-0'); The city, a humid subtropical climate, receives an average of 41 inches of precipitation per year, 3 inches more than the national average. All Rights Reserved. The cost of living is much more reasonable in Waco, Texas than in many other places. The citys neighborhoods are diverse and unique, so no matter what type of person you are, there will be a community for you here! Plano only receives an average of 2 inches of snow per year if any so make sure to pack a jacket and maybe an ice-scraper. After World War II, the entire Dallas metroplex felt an economic boom, including Plano. The total crime rate is considered to be 28% lower than the national average. Top government schools in Plano include Jasper High School, Liberty High School, Vandeventer Middle School, and Mary Evans Elementary School. Plano is one of Texas top places to live. Through proprietary research studies, engaging articles and original photography and video, we examine topics related to community amenities, education, sustainability, transportation, housing and the economy. Data reported by Plano.gov, the official government website for the city of Plano, Texas, cites that Plano offers affordable housing and lower property taxes. Some of the top employers in the area are JP Morgan Chase, Capital One Finance, Bank of America, Toyota, McAfee, Frito Lay, Intuit, and Electronic Data Systems. Want to make your new life there? This is another reason that people genuinely believe that Waco is a great place to live. This location retains many good traits as it develops and prospers. Highland Park is where the million-dollar homes are perched. A View Full Report Card Frisco is a suburb of Dallas with a population of 193,140. Whether your children are toddlers or teenagers, theres plenty of options in the city for elementary, middle, and high schools. Denver vs. Houston - Where is the best place to live? If you want to get the family out and about in Plano, itsnotgoing to be hard. Plano is a city in Texas state in USA with a population of 288870 residents..The poverty rate of Plano is 6.3%, which is 55% lower than national average. There are numerous possibilities for elementary, middle, and high schools throughout the city, regardless of the age of your children. Within two years, the population was over five hundred souls. 39% of Plano residents rent, while 61% own their living space. Call now or fill out our online form for a free quote! Youll also find drive-in summer concerts, farmers markets, golf workshops (over at Craig Ranch), and perhaps best of all a Nerf war for parents (also at Craig Ranch). However, Plano does have a sales tax of a minimum of 7.5%. The public schools in Prosper are highly rated. Fido can be included in the fun, too. Explore the life in Plano based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics. October 18th, 2021 Moving To Living in Plano, Texas Are you moving to Plano, TX? Austin. The investment in a boat will make a lot more sense, as will those thoughts of family vacations out on a local campground. Moving to a new city is never an easy decision because there are always many pros and cons to consider. Within driving distance, you have awonderful cluster ofneighboring cities. Even though the cost of living is one of the disadvantages of living in Plano, the city remains one of the cheapest in the United States. Due to its strong economy, the city is a prime commercial destination in Texas. Around sixty or so homes, all large, luxury properties that typically sell for $900,000 to $1.5 million. This is attested to by the 97% literacy rate. The median sale price for Plano homes is $518,000, which, while certainly not cheap, is a decent, middle ground price for a big city. Theres plenty to love about the city of Plano! The average there is about $2,100/month. The average utility bill in Plano is $164.14 per month. Plus, with no state income tax, residents are able to save even more. Metro Area: Dallas-Fort Worth-Arlington Metro Area. The city was also the ninth-best location to live in the United States in 2022. A Prominent Economic Hub In Texas, Living in Greensboro, NC What Is It Like Pros and Cons, Living in Austin, TX What is it like Pros and Cons , ninth-best location to live in the United States in 2022. Answer (1 of 8): This is my first answer on Quora, I've been just a reader for a long time, so cut me some slack, please. The median price for a home in Plano is $341,800, nearly double the average home price in Texas, which is $187,200. The state does not impose a personal or corporate income tax, and a homestead exemption applies to residential property taxes. In recent years, there has been a downturn in Planos housing market. Whats your favorite cuisine? You dont even have to take our word for it. The city is only 20 minutes by road from downtown Dallas and half an hour from the Dallas-Fort Worth International Airport. Currently, its unemployment rate is a low 3%, which is below the national average. Alongside its host of things to do, Plano is also home to plenty of great eats! Plano gets a 87 on Redfins competitiveness scale, making it a very competitive area, and for good reason. Now,thatsimpressive. Also, the majority of Planos communities and residences are typically older. @media(min-width:0px){#div-gpt-ad-combadi_com-narrow-sky-1-0-asloaded{max-width:250px!important;max-height:250px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-narrow-sky-1','ezslot_19',129,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-narrow-sky-1-0');The districts are home to over 100,000 students and approximately 200 schools, many of which are highly rated, especially in the Plano Independent School District. Suburb Population 28,825 Suburb of Keep up to date with our latest rankings and articles! My goal is to help you learn more about real estate through our Real Estate Blog! Some of the top schools in the area include Wyatt Elementary School, Fowler Middle School, Plano East High School, and Plano Senior High School. @media(min-width:0px){#div-gpt-ad-combadi_com-mobile-leaderboard-1-0-asloaded{max-width:250px!important;max-height:250px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-mobile-leaderboard-1','ezslot_17',106,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-mobile-leaderboard-1-0'); Overall, it has year-round, pleasant, and sunny weather. The 800-acre Oak Point Park and Nature Preserve Trail is the largest park in the city. Plano takes education very seriously and is home to many top-rated schools. But it's also a great place to retire, and the quality of life is excellent. Can you believe Plano has 300 days of sunshine? . And with barely 2 inches of snow each year, it rarely snows in these regions. Read on to determine the pros and cons of living in this city to assess whether it is a suitable place to settle down. Their total crime is reported to be 28% lower than the national average. If you like all the exciting places the world has to offer, you have definitely come to the right place. Plano is a great area for those who want to be nearby enough to downtown Dallas without actually living IN downtown Dallas. Based on the housing stock, population density, and the proximity of amenities of the area. Plano is in Collin County and is one of the best places to live in Texas. Despite being a buyers market, house prices in this city have increased in recent years. If youre moving from the Midwest or even the northwestern states, you will find the Texas weather a little extreme. The train line, in particular, runs straight into the middle of Downtown Dallas and even to the Dallas Fort Worth International Airport. Additionally, Plano was named one of the best places to build wealth by Salary.com. Locals often compare the weather in Plano to the weather in California due to its designated rainy season and many sunny days throughout the year. Plano is served in law enforcement matters by the Plano Police Department, staffed by 585 police officers. @media(min-width:0px){#div-gpt-ad-combadi_com-medrectangle-3-0-asloaded{max-width:468px!important;max-height:60px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'combadi_com-medrectangle-3','ezslot_15',123,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-medrectangle-3-0');Are you looking for an affluent yet inexpensive city in Texas? The area also houses the headquarters of several Fortune 1000 companies, including JCPenney and Alliance, resulting in abundant employment opportunities. What Are The Pros And Cons Of Living In McKinney, Texas? Plano, TX real estate is among the more valuable suburban markets of the Dallas-Fort Worth Metro area. You've come to the right place. Property crimes are a bit higher, but thats a common trend among communities of all types, and they are still well below the national average. @media(min-width:0px){#div-gpt-ad-combadi_com-box-4-0-asloaded{max-width:250px!important;max-height:250px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-box-4','ezslot_4',103,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-box-4-0'); Under its location in Texas, Plano radiates Southern charm and warmth, one of the significant advantages of living in this city. And the only time things get a little dreary and possibly call for a winter jacket is during the months of November, December, and January. Life in Plano: 10 Things to Know BEFORE Moving to Plano, TX. Shawnee Park: Bordering a small lake, this park features a fishing pier and a large disc golf course. The Fish Shack over on 15th Street is where youll want to go to satiate your hankering for some oysters. That makes over 100 schools, many with great ratings, to consider for your little ones educations. Were here to serve you and were here to stay! Ranked as a 2017 Top 100 Best Place to Live, moving to Plano, TX should be a no-brainer. It may sound silly, butfoodis definitely one of the best things to do in Plano. THE LOCAL OBSEERVER DAILY. ), an abundance of delicious restaurant options and a cute historic downtown, add to Planos appeal. It has a variety of housing alternatives, including apartments, townhomes, single-family homes, and mansions. The city of 280,000 residents is located only 20 miles from Downtown Dallas. Known by its nickname, City of Excellence, Plano is known as a more affluent area than her sister cities, with nicer properties, more specialized industry, local headquarters for many large corporations, and safer communities.