ZIP Code 75024: Population, Income, Housing

State: TX
Total population: 45,652 Household income: $117,088 Rent: $1,891

Overview

Total population
45,652
Rent
$1,891
Year built
2002
Household income
$117,088
Per capita income
$68,989
Poverty rate
6%
Unemployment rate
N/A
Household size
2.4 persons
Rent over 30% of income
35.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Texas
County
Collin County
City
Plano
Total population
45,652
Adults over 25
32,597
Total households
19,217
Household size
2.4 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$117,088
Per capita income
$68,989
Poverty rate
6%
Unemployment rate
N/A
Rent over 30% of income
35.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,891
Year built
2002
Households that rent
62.4%
Households that own
37.6%
Rooms per home (all homes)
4.4

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
39.6%
Black
9.4%
Asian
39.2%
Two or more races
8.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
8.7%
Not Hispanic or Latino
91.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
16,742 (66.4%)
Commute time to work
23 mins
Work from home
8,473 (33.6%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
13.3%
High school graduate or GED
9%
Some college or associate degree
5.4%
Bachelor’s degree or higher
72.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 75024 with: Collin County, TX Plano, TX Dallas metro area, TX Texas United States

ZIP 75024

Total population45,652
Rent$1,891
Year built2002
Household income$117,088
Per capita income$68,989
Poverty rate6%
Unemployment rateN/A

Collin County, TX

Total population1,163,337
Rent$1,859
Year built2003
Household income$121,600
Per capita income$57,056
Poverty rate6.2%
Unemployment rate3.4%

Plano, TX

Total population290,594
Rent$1,841
Year built1993
Household income$112,253
Per capita income$59,916
Poverty rate6.8%
Unemployment rate3.4%

Dallas Metro Area, TX

Total population7,985,590
Rent$1,614
Year built1993
Household income$90,275
Per capita income$45,949
Poverty rate10.5%
Unemployment rate3.9%

Texas State

Total population30,188,424
Rent$1,403
Year built1992
Household income$78,476
Per capita income$40,752
Poverty rate13.8%
Unemployment rate4.1%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP75024 CountyCollin, TXCityPlano, TXMetro AreaDallas metro area, TXStateTexasCountryUnited States
Total population45,6521,163,337290,5947,985,59030,188,424334,922,499
Rent$1,891$1,859$1,841$1,614$1,403$1,413
Year built200220031993199319921980
Household income$117,088$121,600$112,253$90,275$78,476$80,734
Per capita income$68,989$57,056$59,916$45,949$40,752$44,673
Poverty rate6%6.2%6.8%10.5%13.8%12.5%
Unemployment rateN/A3.4%3.4%3.9%4.1%4%

View the full multi-level comparison →

 

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Summary for 75024

Rent & Income

In 75024, the typical monthly rent is $1,891 and the typical household income is $117,088. Rent here is similar to Plano and higher than Texas, and household income is similar to Plano and higher than Texas. The estimated poverty rate is 6%, which is lower than in both Plano and Texas.

Housing & Affordability

Renters make up about 62.4% of households, making this a predominantly renter area. Around 35.4% of renters are cost-burdened, indicating a moderate level of rent pressure.

Education & Employment

Educational attainment is very high, with about 72.3% of adults holding a bachelor’s degree or higher.


 

ZIP 75024 — Rent vs Household Income

 


 

ZIP 75024 — Poverty

 


 

How ZIP 75024 compares in Texas (388 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,891 337 / 388 from lower rent $747 – $3,501
Household income $117,088 68 / 388 from higher income $30,377 – $250,001
Poverty rate 6% 64 / 388 from lower poverty 1.5% – 47.7%

Rankings are calculated among ZIP Codes in Texas with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 75024

Rent

For rent, this ZIP is positioned 337th out of 388 ZIP Codes in Texas. In Texas as a whole, the range goes from $747 in ZIP 78582 up to $3,501 in ZIP 76092.

Household income

For household income, ZIP Code 75024 ranks 68th out of 388 ZIP Codes. Statewide, values range from $30,377 in ZIP 77840 up to $250,001 in ZIP 76092.

Poverty rate

For poverty levels, this ZIP is positioned 64th out of 388 ZIP Codes. Across Texas, figures vary from 1.5% in ZIP 76092 up to 47.7% in ZIP 77840.

 


💰 Rent in ZIP Code 75024 (with Utilities)

Estimated Monthly Rent: $1,891 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 75024

Annual Household Income: $117,088

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 75024

Estimated Rate: 6%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 75024

In ZIP Code 75024, households that rent: 11,994 (62.4%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 11,994 62.4%
Owner-Occupied 7,223 37.6%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 75024

In ZIP Code 75024, cost-burdened renters (households spending over 30% of income on housing): 4,248 (35.4%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 4,248 35.4%
Other renter households 7,746 64.6%
Total renter households 11,994 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 75024

Less than High School: 4,333 people (13.3%)

Includes adults who did not complete high school.

High School Graduate or GED: 2,934 people (9%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 1,775 people (5.4%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 23,555 people (72.3%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 32,597


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.