Are There More Movie Theaters Being Built In The U.S Why Apartments in Plano TX Are in Demand!

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Why Apartments in Plano TX Are in Demand!

Although the city of Plano may sound like the name of a cleaning product, it is actually a city in high demand for renters moving to the Dallas area. Plano is home to approximately 100 different rental properties, including condos, townhomes, garden-style homes, and mid-rise rentals. Each property has an average of 200 units, for an overall average of 20,000 units in the city. An average of 2 people live in each unit, in a total average of 40,000 renters. Considering the city of Plano TX has a population of only 259,841 (as of 2012), the 40,000+ renters represent a huge percentage of Plano TX residents who live in apartments. It is obvious that apartments in Plano TX are in high demand.

Many of these properties could be considered luxury apartments. Plano luxury apartments are usually of higher quality, newer construction and provide outstanding amenities and services. Whether a renter is looking for an average apartment in Plano or a luxury apartment in Plano TX, the population of the city of Plano continues to grow each year according to the census, and the demand for more rental properties is met by the continued construction of more and more units.

No doubt the high demand has to do with the city of Plano itself being such a desirable place to live, combined with thousands of rental options and variety to choose from. In fact, many authorities rank Plano as one of the best places to live, with superior ratings on all the criteria that matter most to people: unemployment rate, city wealth compared to poverty level, education, crime and safety, cultural diversity, housing options ( including ample rental options) and access to arts and entertainment.

Areavibes.com recently named Plano the number ONE place to live in 2011. Forbes also named Plano as one of the top three suburbs to live well. The U.S. Census Bureau and CNN Money also named Plano one of the wealthiest cities. So it’s no wonder that the city of Plano TX has caught the eye of so many renters looking for premium apartments in the Dallas metropolitan area. If you have to rent an apartment, why not choose the one in the BEST city with the highest ranking?

How did organizations like CNN Money, Forbes and Areavibes.com come to the conclusion that Plano TX is a top city? Below are some of the criteria they considered:

  • The unemployment rate in Plano TX is well below the state average.
  • Plano is one of the wealthiest cities in all of America, with a median household income of over $103,000.
  • Not only is the average income high, but the poverty level is 65% lower than the national average. Crime rises in areas where there is a large divide between a large high-income sector and a large poverty sector. But Plano has a very small gap with a low poverty rate. This brings us to the next point.
  • Forbes named Plano the safest city in America with a population of over 250,000.
  • Plan residents are highly educated, and more than half of the population has a bachelor’s degree or higher. This is well above the national average.
  • The average age of Plan residents is below the national average at 37 years. Plano has a younger population. Since the average age of renters in the state of Texas is around 30, it becomes clear why these young renters would be attracted to a younger city.
  • Plano is very culturally diverse.
  • Plano has good schools. Plano TKS students score 8% above the state average on reading tests and 13% above average on math tests.
  • Plano has many different corporate headquarters, including: Cinemark Theaters, Dell Services, Frito-Lai, Ericsson, Capital One, Alliance Data, Dr Pepper Snapple Group, Bearbox Software, HP Enterprise Services, JC Penney, Pizza Hut, Siemens and many others.
  • Plano also offers over 5,600 restaurants within 25 miles, 69 movie theaters within 25 miles, 172 golf courses within 50 miles, 5 public libraries, 53 public parks, a large public dog park of 2 acres that have become very popular for dog owners in the area, a downtown that offers a collection of antique shops, offices and historic buildings in a beautiful setting, 2 new and popular shopping centers, 2 DART transit stations and community events such as the annual Plano Balloon Festival and the Plano International Festival.
  • It becomes clear why apartments in Plano TX are in high demand. The city is recognized as a top place to live. Plano offers everything and more a renter could want, plus over 20,000 rental units.

Each of the thousands of available rental units is completely unique in its price range, layout, amenities, Plano location and renter requirements. Stopping at every case you see or hear about is not only a huge waste of time, but also runs the risk of missing out on the real property that is the perfect fit for you.

Save yourself wasted time, gas and unnecessary frustration and make sure you end up in the best apartments Plano TX has to offer. Let the experts J. Ellis Apartment Locators help with their FREE apartment locator services. They have inside information on every property in the entire DFV area. Whether you’re looking for a mid-rise townhouse, a townhouse, or one of the luxury condos in Plano TX, your J. The Ellis Dallas Apartment Locator knows exactly where the best real estate for YOUR criteria is hiding. Get started today!

Visit our website at: http://apartmentsdallasuptovn.com/

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