The purpose of this article is to use the Internet of Things related technology to analyze the characteristics of multisource and easy-to-purchase data for the different types of planning data and different levels of cognitive needs of participants in the entire urban planning process. This paper uses the ontology idea to reconstruct the relationship between multisource and heterogeneous planning data including Internet of Things data, planning documents, and planning drawings, to design the data semantic relationship of the ontology model elements, define the relationship between the data types, and implement the ontology-based method. The semantic expression algorithm in the planning field facilitates the exchange of various planning participants’ understanding of the planning scheme, at the same time, according to the classification of multisource heterogeneous data features, logical reasoning of ontology relationships, filtering redundant information, and multisource heterogeneous planning data visualization. Finally, the information of the same nature collected by the sensor nodes of the Internet of Things is batched, and the calculated fusion information is closer to the true value through a series of weighting formulas. Experiments prove that the feature analysis method proposed in this paper can maintain a loss of 0.02% and achieve an accuracy rate of 79.1% when the overall characteristics of digital city planning are reduced by 67%, which effectively proves the multisource heterogeneous data feature analysis for digital city planning importance.