Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Plano Park, a neighborhood in Plano, Texas, exhibits characteristics of a Majority-Minority community with moderate diversity. As of 2022, the Hispanic population forms a plurality at 54%, followed by a White population at 34%. The neighborhood's median income was $60,126 in 2022, suggesting a middle-class economic status. Plano Park is located near the Plano Event Center, which hosts various community events.
Over the past decade, Plano Park has undergone a transition in its racial composition. In 2013, the neighborhood was categorized as a Majority-Minority community with moderate diversity, with Hispanics (48%) and Whites (38%) as the two largest groups. By 2022, while maintaining its Majority-Minority status, the Hispanic population increased to 54%, while the White population decreased to 34%.
The Asian population declined from 5% in 2013 to 2% in 2022, while the Black population remained relatively stable, fluctuating between 5-8% throughout the decade. The Two or More Races category increased from 0% in 2013 to 3% in 2022. This shift suggests a trend towards increased Hispanic representation, potentially due to factors such as immigration, higher birth rates, or internal migration patterns.
The median income in Plano Park increased from $58,034 in 2013 to $60,126 in 2022, representing a 3.6% increase over nine years. This growth has not kept pace with inflation, suggesting a potential decline in real purchasing power for residents. The population of the neighborhood decreased from 3,418 in 2013 to 2,676 in 2022, a 21.7% reduction. This population decline, coupled with the modest income growth, may indicate changing neighborhood dynamics.
The demographic shifts observed in Plano Park align with broader trends seen in many urban and suburban areas across Texas and the United States. The growth of the Hispanic population is consistent with statewide demographic changes in Texas. However, the population decline in Plano Park contrasts with the overall growth trend of Plano, which has seen steady population increases over the past decade.
The modest income growth in Plano Park may not have kept pace with the rapid economic expansion seen in other parts of the Dallas-Fort Worth metroplex, potentially indicating that this neighborhood has not fully participated in the region's economic boom. Plano Park presents a picture of a changing suburban neighborhood, transitioning towards a stronger Hispanic plurality while maintaining its Majority-Minority status. The interplay between demographic shifts, modest income growth, and population decline suggests a community in flux, potentially facing challenges related to economic mobility and retention of residents.