McKinney is a relatively large city located in the state of Texas. With a population of 213,509 people and 39 associated neighborhoods, McKinney is the 18th largest community in Texas. McKinney has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in McKinney, where the median household income is $113,286.00.
McKinney home prices are not only among the most expensive in Texas, but McKinney real estate also consistently ranks among the most expensive in America.
Also of interest is that McKinney has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in McKinney telecommute to their jobs. Overall, about 18.48% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
McKinney is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, McKinney’s overall crime rate is lower than average for the country.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in McKinney. 52.25% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in McKinney in 2022 was $49,773, which is wealthy relative to Texas and the nation. This equates to an annual income of $199,092 for a family of four. However, McKinney contains both very wealthy and poor people as well.
McKinney is an extremely ethnically-diverse city. The people who call McKinney home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of McKinney residents report their race to be White, followed by Asian. McKinney also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.21% of the city’s residents. Important ancestries of people in McKinney include German, English, Irish, Italian, and French.
Foreign born people are also an important part of McKinney's cultural character, accounting for 17.18% of the city’s population.
The most common language spoken in McKinney is English. Other important languages spoken here include Spanish and Langs. of India.