Cost of Living in Plano, Texas
Plano has a population of about 290,594. The median household income is $112,253, median gross rent is $1,841/month, and the median home value is $465,900. Below is how Plano compares to the US.
Is Plano expensive to live in?
Compared with the national median, rent in Plano is 11% above the national median and home values are 24% above the national median. Household income here is 34% above the national median. Monthly rent represents roughly 20% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Plano?
The median gross rent in Plano, Texas is $1,841 per month (US Census ACS).
What is the median home price in Plano?
The median home value in Plano is $465,900.
How much do people earn in Plano?
The median household income in Plano is $112,253 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.