Why Live in Plano
Plano, located about 55 miles west of Chicago, is a small city with a population of around 12,000. Known for its historical significance as the birthplace of the Plano Reaper and its role as Smallville in the 2013 film “Man of Steel,” Plano offers a quaint, pastoral atmosphere. The community is centered around Main Street, which features a variety of small businesses, including a 160-year-old furniture store, pet supply shop, and local eateries like Uncle Lar’s Pizza and Ivana’s Café. The Friendly Tap, a popular local bar, is known for its Friday fish fry and nightly specials. Plano hosts numerous community events throughout the year, such as a kid’s color run, back-to-school bash, and summer live music performances. Plano High School is a hub for sporting events, including annual football games and winter basketball and wrestling tournaments.
Housing in Plano includes a mix of New Traditional homes from the early 2000s, restored farmhouses from the late 1800s, ramblers, split-levels, bi-levels, townhouses, and duplexes. The Plano independent school district serves students from pre-K through high school, with P.H. Miller Elementary School receiving high ratings. Plano offers several recreational options, including the 29-acre Foli Park with fishing, disc golf, and sand volleyball, and Plano City Park with a lighted softball field and playground. Indoor activities can be found at Hometown Lanes & Sports Bar, a nostalgic bowling alley on Main Street. The city is served by an Amtrak station with hour-long trips to Chicago, and local employment opportunities include the Menards Distribution Center and Plano Molding Company.
Frequently Asked Questions
Is Plano a good place to live?
Plano is a good place to live. Plano is considered very car-dependent and somewhat bikeable. Plano has 7 parks for recreational activities. It is sparse in population with 0.9 people per acre and a median age of 35. The average household income is $85,867 which is below the national average. College graduates make up 20.9% of residents. A majority of residents in Plano are home owners, with 24.8% of residents renting and 75.2% of residents owning their home. A
local real estate agent serving Plano can help you decide if this neighborhood is the right one for you. Learn more on our
Plano neighborhood guide.
How much do you need to make to afford a house in Plano?
The median home price in Plano is $414,900. If you put a 20% down payment of $83,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Plano. The average household income in Plano is $86K.
What are the best public schools in Plano?
The best public schools that serve Plano are:
What are the best private schools in Plano?
The best private schools that serve Plano are:
What are the most popular zip codes in Plano, Plano, IL?
What are the most popular neighborhoods near Plano, Plano, IL?
Are home prices dropping in Plano?
Yes, home prices in Plano are down 5% in the last 12 months.
Home Trends in Plano, IL
On average, homes in Plano, IL sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Plano, IL over the last 12 months is $320,000, down 25% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$405,000
Median 2 Bedroom Sale Price
$400,000
Median 1 Bedroom Sale Price
$335,000
Average Price Per Sq Ft
$280
Number of Homes for Sale
9
Last 12 months Home Sales
119
Median List Price
$414,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-25%