McKinney is a larger medium-sized city located in the state of Texas. With a population of 181,330 people and 25 constituent neighborhoods, McKinney is the 19th 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 $87,608.00.
McKinney real estate is some of the most expensive in Texas, although McKinney house values don't compare to the most expensive real estate in the U.S.
McKinney is a decidedly white-collar city, with fully 87.97% of the workforce employed in white-collar jobs, well above the national average. Overall, McKinney is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in McKinney who work in management occupations (15.18%), sales jobs (14.12%), and office and administrative support (12.24%).
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: 8.99% 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.
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.
One downside of living in McKinney is that it can take a long time to commute to work. In McKinney, the average commute to work is 30.46 minutes, which is quite a bit higher than the national average.
The education level of McKinney ranks among the highest in the nation. Of the 25-and-older adult population in McKinney, 45.19% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in McKinney in 2010 was $37,304, which is wealthy relative to Texas and the nation. This equates to an annual income of $149,216 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 Black or African-American. McKinney also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.38% of the city’s residents. Important ancestries of people in McKinney include German, Irish, English, Italian, and Scottish.
The most common language spoken in McKinney is English. Other important languages spoken here include Spanish and Langs. of India.