Big city living isn’t for everyone–but at the same time, urban areas certainly have their perks.
There’s the culture, the food, the arts, the food, the energy, and you know, the food. But there are drawbacks. There’s traffic, expensive parking, expensive housing–pretty much, expensive everything, depending on which big city you’re looking at.
But that’s where the suburbs come in–they have all of the benefits of being near big cities, without actually having to be big cities.
Of course, not all suburbs of Plano are created equally, which is precisely why we set out to find the best ones. So without further ado…
Here are the 10 best suburbs around Plano for 2018:
- University Park (Photos | Homes)
- Trophy Club (Photos | Homes)
- Colleyville (Photos | Homes)
- Southlake (Photos | Homes)
- Highland Park (Photos | Homes)
- Highland (Homes)
- Coppell (Photos | Homes)
- Double Oak (Homes)
- Keller (Photos | Homes)
- Flower Mound (Photos | Homes)
If you happen to be a resident of University Park, you’re probably not too surprised to find it on the top our list.
We’ll tell you what makes each of these 10 Plano ‘burbs better than the rest–but first, a bit about our methodology.
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Editor’s Note: If you see a slight difference between the best in state rankings and this suburb ranking, it’s because of the methodology. We needed a way to include more places, so we eliminated crime and commute times as criteria for this analysis.
How We Determined The Best Suburbs Around Plano for 2018
Figuring out the best ‘burbs around Plano was pretty simple; we just needed to list several things that people like, and then find out which cities have the most of those things.
We threw a lot of criteria at this one in order to get the best, most complete results possible:
- Low unemployment rate
- High Median household incomes
- Population density (lots of things to do)
- High home values
- A lot of college educated people
- Low poverty
- High rate of insured families
Then we used the newest American Community Survey data (2012-2016) to research each suburb.
FYI: We defined a suburb as being within 30 miles of Plano.
Additionally, we limited the analysis to places that have over 2,000 people. This left us with a grand total of 69 suburbs to evaluate around Plano.
We ranked each place with scores from 1 to 69 in each category, where 1 was the ‘best.
Next, we averaged the rankings for each place to create a quality of life index.
And finally, we crowned the city with the best quality of life index the ‘Best Suburb near Plano.’ We’re lookin’ at you, University Park.
Read on below to learn more about what it’s like to live in the best of the best. Or skip to the end to see the list of all the suburbs ranked from best to worst.
1. University Park
Population: 24,346Unemployment Rate: 3.6%
Median Home Price: $1,102,500
Median Income: $198,438
More on University Park: Real Estate | Data
University Park is always mentioned as one of the best suburbs in the Plano area. We’ll tell you the good about ‘Awesome University Park.’
Everyone here is rich; families average $198,438 a year, which is the 1st highest in the Plano region. And only 3.6% are out of work. Homes average more than $1,102,500 each.
2. Trophy Club
Population: 10,987Unemployment Rate: 2.0%
Median Home Price: $328,800
Median Income: $133,457
More on Trophy Club: Real Estate | Data
Trophy Club is the second best ‘burb we looked at near Plano for 2018.
It ranks 8th for incomes in the area and only 4.9% of residents lack insurance, good for 8th best.
Population: 24,982Unemployment Rate: 3.2%
Median Home Price: $432,600
Median Income: $162,183
More on Colleyville: Real Estate | Data
Here in Colleyville, it’s really safe, and residents are just about as rich as you’ll see in the Plano metro area.
The bad side? Schools are more crowded, and the cost of living puts a large part of the city out of reach for most families.
But price is based on demand and a lot of people want to live in Colleyville.
You won’t find many better places to raise your kids in the region than in Southlake and the schools are some of the best around.
5. Highland Park
Highland Park gets kudos for having the 1st most expensive homes in the Plano area, where houses sell for an average of $1,253,600. However, the cost of living here is among the highest in the area.
Population: 17,544 Unemployment Rate: 5.0%
Median Home Price: $461,500
Median Income: $122,666
More on Highland: Real Estate
Highland is proud of its 6th place finish on this list. And here’s why.
Most residents have great jobs and the unemployment rate sits at 5.0% which is 40th best in the area.
According to online reports, Highland is quickly becoming one of the more affluent suburbs in the Plano area, meaning you need to get in soon.
Coppell schools are some of the best in the region, and crime is really low. The cost of living makes it a lot more desirable for many families, especially first-time home buyers.
And, it’s only 15.3 miles to downtown, which is a good thing.
8. Double Oak
Population: 3,028 Unemployment Rate: 3.9%
Median Home Price: $400,200
Median Income: $138,482
More on Double Oak: Real Estate | Data
Double Oak is growing quickly, and for a good reason. Crime is far below average, and most residents are gainfully employed. Even the cost of living is reasonable.
A solid 2.9% of people lack insurance, good for 3rd in the area.
It placed 9th on our list thanks to the fact that it’s really expensive to live here, but the schools are great, so you get what you pay for in that regard.
10. Flower Mound
This city is far above average in every category, and the best part? It’s far more affordable than the other cities listed above. So, you get a big bang for your buck here.
Welcome to the Best Plano ‘Burbs of 2018
We said it once and we’ll say it again–life in the big city isn’t for everyone. At least not all the time.
So if you’re hankering for some of the amenities of a larger city like Plano, but don’t want to deal with the drawbacks, one of these suburbs might just be for you.
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Detailed List Of The Best Plano Suburbs