Zip 75024 (Plano, TX) Economy


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Plano, TX is a vibrant city located in the state of Texas with the zip code 75024. The city is home to many prestigious companies such as Cinemark Theatres, JC Penney Headquarters and Frito-Lay. It also hosts several popular shopping centers such as the Willowbend Mall and Shops at Legacy. The population of Plano has grown steadily over the past decade, from 260,000 people in 2010 to an estimated 289,500 in 2018. Additionally, the 2 bedroom rent in Plano is around $2240 which is higher than the average 2 bedroom rent of $1430 across the United States. Furthermore, grocery costs have a higher index rating of 105 compared to 100 for US averages.

Plano (zip 75024) has an unemployment rate of 5.5%. The US average is 6.0%.

Plano (zip 75024) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Plano (zip 75024)
- The Sales Tax Rate for Plano (zip 75024) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Plano (zip 75024) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Plano (zip 75024)
- The average income of a Plano (zip 75024) resident is $49,269 a year. The US average is $28,555 a year.
- The Median household income of a Plano (zip 75024) resident is $107,948 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlano, TexasUnited States
  5.56
  -3.5%-6.2%
  44.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $60,535$37,638
  $107,948$69,021
  $133,838$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  3.2%6.8%
  7.1%10.0%
  2.3%2.5%
  10.9%11.0%
  4.1%4.8%
  0.5%0.8%
  3.5%1.9%
  12.5%4.7%
  2.2%1.9%
  25.3%7.6%
  0.7%0.1%
  3.0%4.2%
  6.2%9.3%
  8.5%14.0%
  1.3%2.1%
  4.4%7.0%
  2.9%4.8%
  1.0%4.7%
Health