In 2005, Plano was designated the best place to live in the Western United States by CNN Money magazine. In 2006, Plano was selected as the 11th best place to live in the United States by CNN Money magazine. Plano schools consistently score among the highest in the nation. It has been rated as the wealthiest city in the United States by CNN Money with a poverty rate of less than 6.4%. In 2008, Forbes.com selected Plano, University Park, and Highland Park as the three "Top Suburbs To Live Well" of Dallas. Settlers came to the area near present-day Plano in the Early 1840s. Facilities such as a sawmill, a gristmill, and a store soon brought more people to the area. Mail service was established, and after rejecting several names for the budding town (including naming it in honor of then-President Millard Fillmore), the locals suggested the name Plano (from the Spanish word for "flat"), a reference to the local terrain. The name was accepted by the Post office.