Plano City is located within the state of Texas, with most of the city lying with the limits of Collin County. During 2010, the population was estimated to be approximately 259,841. Currently, it is the ninth-biggest city in the state of Texas, and the 71st most populated city in the country. The city of Plano is part of the metropolitan area called the Dallas-Fort Worth metroplex.
In the state of Texas, the city of Plano is probably the most highly educated city, consistently ranking amongst the highest within the country. With a mere 6.4% poverty rate, Plano City was ranked by CNN Money the wealthiest state within the nation. It has also be ranked as one of the three "Top Suburbs to Live Well" of Dallas by Forbes.com, with Highland Park and University Park also making the list. On an annual basis, Plano City hosts the Plano International Festival and the Plano Balloon Festival, that are believed to be two of the most premiere entertainment and cultural events. It was also listed as the safest city to reside in America by Forbes magazine in 2010.
A lot of companies started relocating their headquarters within Plano City during the 1980's, including: J.C. Penney and Frito-Lay. This movement helped to stimulate growth by the year 1990. During that time, the population reached 128,700 which made the city larger than the county seat of McKinney. Plano was recognized as an All-America City in the year 1994. It quickly became among the biggest suburbs within Dallas, with the population reached 222,030 by the year 2000. Plano City is completely surrounded by several municipalities, that severely limits growth. Plano can no longer expand in area, and there is really little undeveloped land remaining that the city may draw upon.
The World Olympic Gymnastics Academy is located in Plano City. The facility was the training grounds of Carly Patterson and Nastia Liukin, two Olympic All Around Champions. The coach of Patterson, Yevgeny Marchenko, and Liukin's coach, Valeri Liukin and father, own the gym.
Business travelers make up the majority of the visitors to Plano since Plano City has several corporate headquarters situated within the city limits and due to its proximity to Dallas. Plano also operates and owns a medium sized convention center. In an effort to increase sales tax returns, the city of Plano has devised a plan to draw retail centers downtown as well as the Shops at Legacy area. Restaurants, apartments and shops are plentiful in the Shops at Legacy area. There is also a luxury Walmart Supercenter located in the area.
Cinemark Theatres, Alliance Data, Dr. Pepper Snapple Group, Dell Services, Ericsson, Frito-Lay, J.C. Penny, HP Enterprise Services, Pizza Hut, Rent-A-Center, and Siemens PLM Software are only a few of the corporate headquarters situated within Plano. Plano City is also home to one of several Facebook servers.