Plano, TX Taxes 2025
Complete local tax guide and OBBBA calculator
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Plano Tax Overview 2025
Dallas suburb with no state income tax. Corporate headquarters hub.
Local Income Tax
0%
City/county rate
Sales Tax
8.25%
State + local
Property Tax
1.93%
Effective rate
Median Home
$450,000
Home value
No Local Income Tax!
Plano does not impose a local income tax on residents, which means you only pay state income tax (if applicable) and federal taxes.
State Tax Information
Plano is located in Texas (0% state income tax)
💼 Plano Local Income Tax
Plano does not impose a local income tax on residents. Your income tax obligations are limited to state income tax (if applicable in Texas) and federal income tax.
This is good news for Plano residents, as it means one less tax to worry about compared to cities that do impose local income taxes.
Total Income Tax Burden in Plano
🛒 Plano Sales Tax 2025
The combined sales tax rate in Plano is 8.25%. This includes both the Texas sales tax and any local sales taxes.
Sales tax applies to most retail purchases in Plano. Some items like groceries, prescription medications, and clothing may be exempt or taxed at reduced rates depending on Texas law.
Sales Tax Breakdown
Sales Tax Examples
| Purchase Amount | Sales Tax | Total |
|---|---|---|
| $50 | $4.13 | $54.13 |
| $100 | $8.25 | $108.25 |
| $500 | $41.25 | $541.25 |
| $1,000 | $82.50 | $1,082.50 |
🏠 Plano Property Tax 2025
The average effective property tax rate in Plano is 1.93%. Based on the median home value of $450,000, the typical homeowner pays approximately $8,685 per year in property taxes.
Property taxes fund local services including schools, police, fire departments, roads, and parks. Rates vary by specific location within Plano based on school district and other taxing authorities.
Estimated Annual Property Tax in Plano
| Home Value | Annual Tax | Monthly | SALT Deductible? |
|---|---|---|---|
| $200,000 | $3,860 | $322 | ✓ Yes |
| $300,000 | $5,790 | $483 | ✓ Yes |
| $400,000 | $7,720 | $643 | ✓ Yes |
| $500,000 | $9,650 | $804 | ✓ Yes |
| $750,000 | $14,475 | $1,206 | ✓ Yes |
| $1,000,000 | $19,300 | $1,608 | ✓ Yes |
💡 SALT Tip: Under the OBBBA, you can deduct up to $40,000 in state and local taxes (SALT) on your federal return. This includes property taxes, state income taxes, and local income taxes.
💰 Plano Cost of Living
Housing Costs
Tax Summary
OBBBA Tax Benefits for Plano Residents
No state income tax plus OBBBA deductions provide significant savings.
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced several federal tax deductions that can significantly reduce your tax burden as a Plano resident.
Available OBBBA Deductions:
Calculate Your Plano Tax Savings
Use our free OBBBA calculator to see exactly how much you could save on your 2025 federal taxes as a Plano resident.
Calculate My SavingsFrequently Asked Questions
What is the sales tax in Plano?
The combined sales tax rate in Plano is 8.25%. This includes both state and local sales taxes.
Does Plano have a local income tax?
Plano has a local income tax of 0%. This is in addition to any state and federal income taxes.
What is the property tax rate in Plano?
The average effective property tax rate in Plano is 1.93%. On a home worth $450,000, you'd pay approximately $8,685 per year.
How do OBBBA deductions benefit Plano residents?
No state income tax plus OBBBA deductions provide significant savings. You can use our free calculator to estimate your total savings from tips, overtime, auto loan interest, SALT, and senior bonus deductions.