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dollaztx
Aug 28, 2008, 11:00 PM
Census data ranks Plano as wealthiest large city in U.S.

01:22 PM CDT on Thursday, August 28, 2008
By BRUCE TOMASO / The Dallas Morning News
btomaso@dallasnews.com

Plano is the wealthiest large city in America, according to the Census Bureau.

A Census report issued this week shows that among cities of 250,000 or more, Plano (whose estimated population is just over that threshold) has the highest median household income, $84,492.

Rounding out the top five:

• San Jose,. Calif. ($76,963)

• Anchorage, Ala. ($68,726)

• San Francisco ($68,023)

• San Diego ($61,863).


The results apparently surprised Plano officials.

"I'd never heard that before, but it's good to know," Mayor Pat Evans told USA Today.

The poorest larger city in America was Detroit, with a median household income of $28,097, followed closely by Cleveland, at $28,512. One in three Detroit residents lives below the poverty line, according to the Census bureau.

Plano's poverty rate – 5.9 percent – was the lowest among cities of 250,000 or more.

The only Texas city among the top 10 in poverty rate was El Paso, which came in fourth, at 27.4 percent.

Among smaller cities, those with a population of 65,000 to 249,999, Flower Mound had the fifth-highest median household income, $105,812.

In that same population group, Rockwall County tied for the seventh-lowest poverty rate in American, at 4.5 percent.

kcexpress69
Aug 29, 2008, 12:47 AM
What's in Plano Texas that would shoot the other cities out of the water?? Is it the oil industry? I'm surprised San Francisco doesn't have a higher income.

Gordo
Aug 29, 2008, 1:35 AM
:previous:San Francisco is probably one of the easiest places to live if you're really poor, which always makes its ranking lower in lists like this.

JDRCRASH
Aug 29, 2008, 6:12 AM
Woahoa, for a second there I thought the thread title was talking about GDP!

JDRCRASH
Aug 29, 2008, 4:06 PM
edit

dollaztx
Aug 29, 2008, 10:35 PM
What's in Plano Texas that would shoot the other cities out of the water?? Is it the oil industry? I'm surprised San Francisco doesn't have a higher income.

Im not sure but I know there is a pretty good number of companies headquartered there including Frito-Lay and JCPenney.

alexjon
Aug 29, 2008, 11:36 PM
What's in Plano Texas that would shoot the other cities out of the water?? Is it the oil industry? I'm surprised San Francisco doesn't have a higher income.

Insular population and legally mandated redlining.

davedensf
Sep 1, 2008, 8:49 PM
:previous:San Francisco is probably one of the easiest places to live if you're really poor, which always makes its ranking lower in lists like this.

What do you mean, if you're homeless and living on the streets?

urbanactivist
Sep 20, 2008, 12:34 AM
Plano is rich off of Dallas. Most people do not work in Plano... they can just afford to live there b/c of their rich Dallas jobs. Check out the school districts... high end EVERYTHING.

NorthernLights
Nov 19, 2008, 1:55 AM
San Jose is Silicon Valley so that makes sense.

Anchorage is oil money. I wonder if they factor in the oil dividend checks all Alaskans recieve. It would raise the houshold income by about 4-5k.

tech12
Nov 21, 2008, 5:14 PM
What's in Plano Texas that would shoot the other cities out of the water?? Is it the oil industry? I'm surprised San Francisco doesn't have a higher income.
according to wikipedia, these companies are based in Plano:

* Adams Golf
* Dr Pepper Snapple Group (formerly Cadbury Schweppes Americas Beverages.)
* Cinemark Theatres
* Countrywide
* Crossmark
* DealTaker
* Electronic Data Systems
* Frito Lay
* Gearbox Software
* Highland Homes
* Metromedia Restaurant Group (Bennigan's, Steak & Ale)
* Microtune
* PetroTel Inc.
* PFSweb
* JCPenney
* MotionZoneHD
* Perot Systems
* Picture People
* Prodea Systems
* Rent-A-Center
* Rug Doctor
* Safety-Kleen
* Tattooking
* VíaVienté
* Weyandt & Associates
* Working Solutions
* Alcatel-Lucent
* Genband
* Raytheon
* Telect, Inc.
* Texas Instruments
* Flextronics
* Ericsson
* Infosys Technologies
* MetaSolv Software

Gordo
Nov 21, 2008, 5:17 PM
What do you mean, if you're homeless and living on the streets?

Lots of rent-controlled housing with people who have been there for 30+ years, lots of government assistance, lots of subsidized low-income housing. The middle class has certainly been squeezed for decades and continues to be, but there's been a LOT of low-income housing built over the past decade.