Living in Plano, TX

Collin County

Plano's identity in DFW is corporate-headquarters density, not tourism or heritage: Toyota Motor North America relocated its full headquarters here from Torrance, California in 2017, anchoring a 100-acre, 2.1-million-square-foot campus in the Legacy West district, and JPMorgan Chase and Liberty Mutual followed with major regional campuses of their own in the same corridor -- one aggregation even notes Plano now houses more JPMorgan Chase employees than Toyota HQ staff. That density is a real, distinguishing draw for a relocating professional weighing DFW job access, distinct from Dallas's broader finance/telecom HQ base or Frisco's sports-and-entertainment identity next door. Housing runs meaningfully above the DFW-wide median, with sources citing anywhere from $485K to $540K depending on month, reflecting an established, largely built-out suburb rather than a still-rapidly-expanding one like Frisco or McKinney.

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Housing

Median sale price (Plano city)$485,000

Sources disagree by a wide margin depending on month: $485,000 (Redfin, Feb 2026, down 7.2% YoY), $540,000 (a local brokerage market update citing May 2026 data), and roughly $490,000 (Houzeo aggregation, current). Treat $485K-$540K as the plausible range rather than a single precise figure.

Median sale price (Collin County)Not yet verified

Taxes

Local effective property tax rate1.16%

Not independently sourced at the Collin County level this session. Texas carries no income tax statewide. See the Texas hub page for the statewide property tax context -- do not treat that figure as Plano-specific.

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The tradeoffs

Pros

Genuine, dense corporate-HQ job market anchored by Toyota North America plus major JPMorgan Chase and Liberty Mutual campuses, all concentrated in Legacy West; an established, mature suburb with DFW-metro job access.

Cons

Home prices run above the DFW-suburb median and the range cited across sources is wide ($485K-$540K), so treat any single figure as directional; largely built out, so it lacks the new-construction inventory and population growth rate of Frisco or McKinney.

Who this fits

Best for: Young professionals and families targeting Legacy West-area corporate employers (Toyota, JPMorgan Chase, Liberty Mutual) who want an established, amenity-rich DFW suburb.

Maybe not for you if: Buyers prioritizing the newest housing stock, the fastest population growth, or the lowest DFW-suburb price point should look at Frisco, McKinney, or Arlington instead.

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Last reviewed: 2026-08-21. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.