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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Plano Named Best-Managed City in the U.S.

February 4th, 2013 | by The Update
Plano Named Best-Managed City in the US

Plano Named Best-Managed City in the USIn its analysis of statistics including poverty rate, high-school graduation rate and change in median home value, 24/7 Wall St. named Plano as the best-managed city in the U.S.

Irving was the only other municipality in the Dallas-Fort Worth region to make the Top 20 list for the 24/7 Wall St. site, which provides analysis for equity investors. Irving came in at No. 17.

Here’s what the 24/7 Wall St. analysis showed:

Plano, population 271,380:

  • Poverty rate – 7 percent
  • Median household income – $80,184
  • 2011 unemployment rate – 7 percent
  • High-school graduation rate – 92.6%
  • Credit rating – Aaa
  • Change in median home value (2007-2011) – 5.3 percent

Irving, population 220,699:

  • Poverty rate – 14.8 percent
  • Median household income – $47,266
  • 2011 unemployment rate – 7 percent
  • High-school graduation rate – 78.8 percent
  • Credit rating – Aaa, Negative Outlook
  • Change in median home value (2007-2011) – 2.1 percent

A couple of other Texas cities made the list of the best managed cities in the country: Austin (9) and Lubbock (20). San Bernadino, Calif., ranked the worst-managed city in the U.S. No Texas cities made the bottom 10.

Connect with an agent at briggsfreeman.com to see beautiful luxury homes for sale in Plano, Irving, and throughout the Dallas-Fort Worth region.

Subscribe to Update Dallas, like us on Facebook, and follow us on TwitterLinkedIn, and PinterestAlso see our sister sites Update Fort Worth and Oh, Oak Cliff!

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