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Collin and Denton counties · TX

Cost of living in Plano, TX

By Mariela Lovo Ol, REALTOR® · Updated

The cost of living in Plano, TX comes down to housing, property taxes, insurance, utilities and transportation. Texas has no personal income tax. Plano adds a 20% city homestead exemption. So owning here is mostly a property-tax budget.

How much does housing cost in Plano?

This page shows live MLS figures rather than a median that would quickly go stale. Compare prices by area, age and lot, and weigh condos and townhomes against single-family homes.

Use the affordability calculator to set a budget. Then browse Plano homes for sale.

What property taxes will I pay in Plano?

For tax year 2025, the City lists these adopted rates per $100 of value: City of Plano $0.4376, Collin County $0.1493, Collin College $0.0812 and Plano ISD $1.0396. The City gives a 20% homestead exemption. A PID adds more in Downtown, Collin Creek and Haggard Farm.

The Plano property tax guide walks through exemptions and protests.

What will homeowners insurance cover?

Hail is the storm risk most Plano owners plan for. The Texas Department of Insurance notes that policies can have separate deductibles for different types of loss. Roofs paid at actual cash value pay less as they age. Standard home policies do not cover flood. For homes near creeks, check the City's floodplain information.

Ask for the roof's age on every resale, and get a quote before your option period ends.

Who provides utilities in Plano?

The City provides water, sewer and trash. Water comes through the North Texas Municipal Water District. City water, sewer and solid-waste rates rise on October 1, 2026. Trash is billed by cart size.

Two electric utilities serve Plano. In Oncor areas you pick a retail provider on Power to Choose. In CoServ Electric areas the co-op handles delivery and billing.

Set up service through the City's customer portal a few days before move-in.

What does it cost to get around?

Plano is a DART member city. The Red and Orange lines stop at Downtown Plano and Parker Road stations. The Silver Line runs about 26 miles from Shiloh Road Station to DFW Airport Terminal B. The City also runs the Legacy Circulator shuttle.

The Dallas North Tollway, Sam Rayburn Tollway and President George Bush Turnpike are toll roads. NTTA says drivers without a TollTag pay twice as much through ZipCash billing.

Parker Road Station has more than 2,000 free parking spaces, which helps if you drive to the train.

What are the sales and income taxes?

Plano's combined sales tax rate is 8.25%, the state's 6.25% plus local taxes at the 2% maximum. Texas has no personal income tax.

Common questions

What is the sales tax rate in Plano, TX?

The combined rate is 8.25%, according to the Texas Comptroller's July 2026 rate table. That includes the 6.25% state rate and 2% in local taxes.

What are Plano's property tax rates?

For tax year 2025 the City lists City of Plano $0.4376, Collin County $0.1493, Collin College $0.0812 and Plano ISD $1.0396 per $100 of value. Add any PID. Confirm current-year rates on the appraisal record.

Does Plano have public transit?

Yes. DART light rail serves Downtown Plano, Parker Road, 12th Street and Shiloh Road stations. That includes the Silver Line to DFW Airport. The City's Legacy Circulator serves the Legacy District.

Can I choose my electricity provider in Plano?

In Oncor areas you can compare plans on Power to Choose. CoServ Electric areas are served by the co-op directly. Check the City's utility map for the address.

Sources

  1. QuickFacts: Plano city, Texas, U.S. Census Bureau (read 2026-09-24)
  2. Plano, Texas, Wikipedia (read 2026-09-24)
  3. Taxes and Fees (2025 local tax rates and general homestead exemptions), City of Plano (read 2026-09-24)
  4. Property Tax Information for Seniors, City of Plano (read 2026-09-24)
  5. New Student Online Enrollment and Annual Registration, Plano ISD (read 2026-09-24)
  6. SchoolFinder, Plano ISD (read 2026-09-24)
  7. Academy Programs of Plano, Plano ISD (read 2026-09-24)
  8. School Locator, Lewisville ISD (read 2026-09-24)
  9. Attendance Zones, Frisco ISD (read 2026-09-24)
  10. Allen ISD home page (Find Your School), Allen ISD (read 2026-09-24)
  11. Highway Construction Updates, City of Plano (read 2026-09-24)
  12. Downtown Plano Station, DART (read 2026-09-24)
  13. Parker Road Station, DART (read 2026-09-24)
  14. Silver Line, DART (read 2026-09-24)
  15. DART Transit Agreement, City of Plano (read 2026-09-24)
  16. Legacy West Circulator, City of Plano (read 2026-09-24)
  17. Plano Water Resources, City of Plano (read 2026-09-24)
  18. Residential Trash and Recycling Services, City of Plano (read 2026-09-24)
  19. Utilities Frequently Asked Questions, City of Plano (read 2026-09-24)
  20. Emergency Warnings, City of Plano (read 2026-09-24)
  21. Oak Point Park and Nature Preserve, City of Plano (read 2026-09-24)
  22. Arbor Hills Nature Preserve, City of Plano (read 2026-09-24)
  23. Historic Downtown Plano, City of Plano (read 2026-09-24)
  24. Public Improvement Districts, City of Plano (read 2026-09-24)
  25. Live - Collin Creek, Collin Creek (Centurion American) (read 2026-09-24)
  26. Haggard Farm PID Service and Assessment Plan, City of Plano (read 2026-09-24)
  27. Haggard Farm, Haggard Farm (developer site) (read 2026-09-24)
  28. Floodplain Information, City of Plano (read 2026-09-24)
  29. Property Tax Exemptions, Texas Comptroller of Public Accounts (read 2026-09-24)
  30. Property Tax Protests and Appeals, Texas Comptroller of Public Accounts (read 2026-09-24)
  31. Don't Piddle Around with PID Notices, Texas Real Estate Research Center at Texas A&M University (read 2026-09-24)
  32. NTTA home page (TollTag and ZipCash), North Texas Tollway Authority (read 2026-09-24)
  33. Choosing an Electric Plan, Public Utility Commission of Texas (read 2026-09-24)
  34. Home insurance guide, Texas Department of Insurance (read 2026-09-24)
  35. Texas Public Schools (TXschools.gov), Texas Education Agency (read 2026-09-24)
  36. Why Texas, Office of the Texas Governor, Economic Development and Tourism (read 2026-09-24)
  37. Valuing Property (homestead 10 percent limit; circuit breaker limitation), Texas Comptroller of Public Accounts (read 2026-09-24)
  38. Sales and Use Tax, Texas Comptroller of Public Accounts (read 2026-09-24)
  39. Texas Sales and Use Tax Rates – July 2026 (city rates), Texas Comptroller of Public Accounts (read 2026-09-24)
  40. Swimming Pool Safety & Inspections, City of Plano (read 2026-09-24)
  41. Health and Safety Code Chapter 757 – Pool Yard Enclosures, Texas Legislature (via texas.public.law) (read 2026-09-24)
  42. Deep Soil Mixing Technology for Mitigation of Pavement Roughness (Report 0-5179-1), Texas Department of Transportation / Texas A&M Transportation Institute (read 2026-09-24)
  43. Windrose Tower Residences at Legacy West, Windrose Tower (developer site) (read 2026-09-24)
  44. Property Code Section 82.157 – Resales of Units (condominium resale certificate), Texas Legislature (via texas.public.law) (read 2026-09-24)
  45. Property Code Section 207.003 – Delivery of Subdivision Information (HOA resale certificate), Texas Legislature (via texas.public.law) (read 2026-09-24)
  46. Plano ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  47. Lewisville ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  48. Frisco ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  49. Allen ISD accountability overview, Texas Education Agency (TXschools.gov) (read 2026-09-24)
  50. Sign Up for Plano City Call, City of Plano (read 2026-09-24)
  51. Dickens in Downtown Plano, City of Plano (read 2026-09-24)
  52. Arts & Events Venues, City of Plano (read 2026-09-24)
  53. Texas Health Plano, Texas Health Resources (read 2026-09-24)
  54. Medical City Plano, Medical City Healthcare (read 2026-09-24)
  55. Legacy Trail, City of Plano (read 2026-09-24)
  56. Hours & Directions, Plano Balloon Festival, Inc. (read 2026-09-24)

Last reviewed: 2026-09-24. Descriptions cover places and amenities, not the people who live there. We are committed to the Fair Housing Act.