McKinney is a relatively large city located in the state of Texas. With a population of 207,507 people and 39 associated neighborhoods, McKinney is the 18th largest community in Texas. There's nothing like the smell of a brand new house, and in McKinney, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to McKinney, and putting down their money on brand new construction. McKinney’s real estate is, on average, some of the newest in the nation. McKinney does seem to be experiencing an influx of affluent people, because 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.McKinney is a decidedly white-collar city, with fully 86.86% of the workforce employed in white-collar jobs, well above the national average. Overall, McKinney is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in McKinney who work in management occupations (16.71%), sales jobs (11.51%), and business and financial occupations (9.08%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.48% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. Because of many things, McKinney is a great place for families with children to consider. First of all, many other families with children live here, making McKinney a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, McKinney has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, McKinney’s overall crime rate is lower than average for the country.If knowledge is power, McKinney is a pretty powerful place. 52.25% of the adults in McKinney have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. 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. McKinney also has a high percentage of its population that was born in another country: 17.18%. The most common language spoken in McKinney is English. Other important languages spoken here include Spanish and Langs. of India.
