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6 Reasons Why Everyone is Moving to Plano

6 REASONS EVERYONE IS MOVING TO PLANO PLANO: Toyota's move to Plano took LEADING THE many by surprise, but the reasons behind the move are TEXAS MIRACLE more obvious to Planoites. The city has been in a state of extreme growth for decades. * Here are 6 reasons why * JOBS, JOBS, AND The #1 reason for Plano's perpetual growth has been jobs: the city boasts an incredible number of high-paying, white collar jobs, and adds more than almost every comparable city year after year. MORE JOBS Jobs in Plano pay well. Really well. Median Household Income $90k $80k $70k $60k Among the five largest cities in the Dallas- Fort Worth Metroplex, Plano has the highest median income, with median earners taking home $32,292 more than $50k median earners in Dallas. $40k $30k $20k $10k Plano Garland Arlington Fort Worth Plano has added more than 13,000 jobs since 2005, at over 5x the rate of the rest of the US Dallas Percent of Residents Plano 4 F United States Below Poverty Line 15.1 8.1 Plano National -1 Only 8.1% of Planoites are below the poverty line vs. 15.1% nationally 2006 2007 2008 2009 2010 2011 2012 2013 Percentage of Jobs Recovered from Great Recession 504% Plano 323% Houston 238% Dallas 184% Washington DC 175% Boston 145% New York For every one job lost during the 132% Seattle Recession 97% Atlanta 84% Los Angeles 71% Chicago 67% Philadelphia jobs have been created in Plano 63% Phoenix Unemployment Rates at Beginning of 2014 Plano 5.1% NOW HIRING Dallas 6.2% Texas NEED NEED NEED NED E 5.6%, 7% Resumé National Plano's Employment by Industry Plano offers a diverse employment base with a strong white collar sector 7% Manufacturing 5% Mining, Logging & Construction 20% Trade, Transportation & Utilities 12% Government 3% Information 4% Other Services 9% Financial Activities 10% Leisure & Hospitality 12% Education 18% Professional & & Health Business Services A STRONG &, EDUCATED Plano's educated and experienced workforce continues to draw LABOR employers who create FORCE even more jobs Planoites are highly educated Percent of residents with a college degree among the top 9 largest cities in DFW 60 More than half (54%) of all Planoites have at least a bachelor's degree, a higher rate than any of the 9 largest cities in Dallas-Fort Worth 50 40 30 Dallas Arlington Fort Worth Garland Plano Grand Prairie Mesquite Irving McKinney DFW Cities with the Highest Percentage of Residents with a Graduate Degree (among the 27 largest cities) 20% 15%: 10% Nearly 1 in 5 Planoites has a graduate degree, a higher rate than any of the other 27 largest 5% cities in DFW Flower Mound Plano has access to a Grapevine Mansfield Denton Plano Frisco Allen Richardson Keller McKinney 30 miles workforce of 300,000 within a 30-mile radius In total, there are approximately 3.4 MILLION workers in the Dallas-Fort Worth Metroplex, giving businesses in Plano access to a huge labor pool A ROSTER FULL OF An impressive list of WORLD- Fortune 500 and 1000 companies have made Plano their home. CLASS EMPLOYERS Plano is home to two Fortune FORTUNE 500 500 company headquarters HEADQUARTERS Pepper Dr. Pepper Snapple Group Employment in Plano: 1,250 2013 Revenue: $5.997 billion J.C. Penney Company, Inc. Employment in Plano: 3,000 2013 Revenue: $12.985 billion JCPenney FORTUNE 1000 Plano is home to four Fortune 1000 company headquarters HEADQUARTERS RAC Rent A Center. Rent-A-Center, Inc. Employment in Plano: 700 2013 Revenue: $3.104 billion Cinemark USA, Inc. Employment in Plano: 200 2013 Revenue: $2.682 billion CINEMARK. CENTURY THEATRES. CinéArts linseltown Denbury Denbury Resources, Inc. Employment in Plano: 800 2013 Revenue: $2.494 billion Alliance Data Systems Employment in Plano: 265 2013 Revenue: $1.424 billion AllianceData. Top 15 Employers in Plano Employer # Employees in Plano Bank of America Home Loans Bank of America 8,000 Capital One Finance Capital One 4,500 HP Enterprise Services Cip 4,500 J.C. Penney JCPenney 3,000 Ericsson 2,650 Alcatel-Lucent 2,500 Frito-Lay Frito Lay 2,500 Dell Services DELL 2,250 TX Health Presbyterian Hospital 1,680 Medical Center of Plano 1,600 Pepsico pepsi 1,340 Dr Pepper Snapple Group DR PEPPER SNAPPLE 1,250 McAfee, Inc M McAfee SECURE 1,100 Cigna 1,065 MedAssets Cigna. 950 SOME OF Plano's school system ranks among the best in the state, and is a draw THE BEST SCHOOLS IN TEXAS not only for families in the rest of Texas, but other states as well, Plano students rocked the SAT Mean SAT score (math and critical reading) for all students who took the test in 2010 1200 Difference from Plano ISD 1100 1000 900 800 700 600 Of the DFW area's largest school districts, Plano ISD's students score the 500 400 300 highest on the SAT by a significant margin 200 100 Plano Senior High Plano schools graduate more of their students than comparable districts Plano ISD Texas Avg. Arlington ISD Garland ISD Dallas ISD Fort Worth ISD Graduation Rate, 2010 100% I· • · . . .. 90% 80% 70% 60% 50% A whopping 93% of Plano ISD students graduate from high school, 18 percentage points more than Dallas ISD's rate 40% 30% 20% 10% Plano Senior High Arlington ISD Fort Worth ISD Plano ISD Texas Avg. Garland ISD Dallas ISD LOW TAXES & COST OF LIVING Plano's low taxes and cost of living make it a bargain compared to other cities in the US Plano's property tax rates are the lowest of the 9 largest cities in Dallas-Fort Worth Combined property tax rate (city + county + school) McKinney Garland Arlington Irving Mesquite Dallas Grand Prairie Worth Plano 2% Fort 2.1% In addition to low property taxes, the income and corporate tax rate is 2.2% 2.3% 0% 2.4% 2.5% In the state of Texas 2.6% 2.7% 2.8% Housing is cheaper than comparable cities across the nation Median sale price per square foot, via Redfin $25 $50 $75 $100 $125 $150 $175 Plano TX E " Durham, Pop. 24 NC pop. 255.483 Stockton, CA pop. 298, Henderson, Nv pop. 270,811 Chandler, AZ pop. 249,146 St Paul, MN pop. 294,873 Toledo, OH pop. 282,313 Riverside, CA pop. 316,619 It costs less to live in Plano than in other American economic powerhouses Composite cost of living index (includes groceries, housing, transportation, medical expenses and more) 80 90 100 110 120 130 140 150 160 Plano, TX San Diego, CA Seattle, WA Los Angeles, CA Denver, CO Washington DC Chicago, IL San Francisco, CA Miami, FL LOCATION, LOCATION, LOCATION Plano's excellent location north of Dallas makes it well-connected to the metroplex as well as the rest of the nation and world DFW International Airport is one of the largest, busiest, most well-connected airports in the world DFW is the second largest airport in the United States, the third busiest by aircraft movements, and the ninth busiest airport in the world by passenger traffic. DFW's Busiest International Routes NO. DESTINATION 0001 LONDON 0002 CĂNCUN DFW Airport provides direct connections to 55 international destinations and 147 domestic 0003 MEXICO CITY 0004 TOKYÖ 0005 FRANKFÜRT MONTEREY destinations for a total of 202 0006 direct connections 0007 LOS CABOS 0008 SEOUL 0009 TORONTO 0010 SYDNEY 0011 PUERTO VALLARTA 0012 0013 VANCOUVER DUBAI The airport is a 30 minute drive from Plano and is also accessible 0014 PARIS MADRID 0015 via the DART light rail system DART Rail Lines - Red line - Blue line Green line Lewisville Plano ZParker Road Orange line Trinity Railway Downtown Plano Richardson Addsion Garland Rowlett DFW Las Colinas Airport Fort Worth Irving University Mesquite Downtown Excellent Regional Transportation Dallas Plano is well-connected with Dallas- Fort Worth's extensive highway system and is home to two DART rail stations, d is where Planoites can take the Red or Orange lines to destinations such as downtown Dallas or DFW Airport, or transfer to another line to reach other --- areas of the Metroplex Central Time Zone Plano's central time zone makes communicating with the rest of the nation easy, making it a popular location for corporate headquarters SOURCES http://www.plano.gov/2400/Transportation http://www.geolounge.com/fortune-1000- companies-2014-list http://www.plano.gov/2405/Cost-of-Living http://www.governor.state.tx.us/files/ http://www.plano.gov/2399/Leading-Employers ecodev/2010txfortunelist.pdf_pdf http://www.planotexas.org/131/Document-Library- Forms https://www.dart.org/ This infographic was brought to you by: http://dfw.cbslocal.com/2014/09/01/plano-beat-north- carolina-for-toyota-hq-with-smaller-bid/ SpareFoot TI|"|T"T" V.-- 1180 1165 985 0 1: 922 -243 861| -304. •=•=•=•=•=•= Percent Growth in Employment H=•H= •H=•H =o}=•D=•= •D=•H=•D=•]:

6 Reasons Why Everyone is Moving to Plano

shared by SpareFoot on Nov 25
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There were only 3,695 Planoites back in 1960 but by 1980, the population had reached 72,000, and by 1990 128,713 residents called Plano home. Since then Plano has shown no sign of slowing down. Today,...

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