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Local economic and housing context for Plano. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.
Population (ACS 2020–2024)290,594
Median household income$112,25343.0% above Texas
Median gross rent / month$1,84131.2% above Texas
Median rent share of income27.6%3.3 pp below Texas
Poverty estimate6.8%7.0 pp below Texas
Unemployment rate4.0%1.3 pp below Texas
Median household income in Plano is $112,253, 43.0% above the Texas median. Median gross rent is $1,841 per month, 31.2% above the statewide median. Among renter households paying cash rent, the median gross-rent share of household income is 27.6%, 3.3 percentage points below Texas. The ACS poverty estimate is 6.8% and the unemployment rate is 4.0%. These community-level figures are context for comparing household costs with a loan's full repayment amount; they do not predict approval, pricing, or individual borrowing demand.
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.
Locations in Plano, TX
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