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Plano

Learn about the people, housing, costs and businesses in Plano, Kentucky

Median Home$240,400
Median Rent$1,023/month
Population1,315
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration9% arts, food & hospitality
Home Value Growth⬆⬆+18.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
NotableHighly Educated27% bachelor's · 13% graduate · top 14% nationally
NotableHigh Incomes$85k/year · top 30% nationally
Plano
KY

Frequently Asked Questions

What are today's mortgage rates in Plano?

As of today, the 30-year fixed mortgage rate for Plano is approximately 6.979% (7.018% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Plano?

The median home value in Plano is $240k. The median monthly rent is $1,023. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Plano?

Home values in Plano have increased 18.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Plano?

Based on a typical all-in ownership cost of $1,194/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Plano is $85k/year.

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What industries drive the economy in Plano?

The largest employment sectors in Plano are public administration (27%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.