McKinney is a larger medium-sized city located in the state of Texas. With a population of 162,898 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 $81,459.00.
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 87.82% 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 (15.09%), sales jobs (13.71%), and office and administrative support (12.37%).
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: 8.06% 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, McKinney really has some of the features that families look for when choosing a good community to raise children. Is McKinney perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In McKinney, however, the average commute to work is quite long. On average, people spend 30.25 minutes each day getting to work, which is significantly higher than the national average.
McKinney is one of the most well-educated cities in the nation. 45.06% of adults in McKinney have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in McKinney in 2010 was $34,286, which is wealthy relative to Texas and the nation. This equates to an annual income of $137,144 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 19.24% of the city’s residents. Important ancestries of people in McKinney include Irish, English, Italian, and French .
The most common language spoken in McKinney is English. Other important languages spoken here include Spanish and Chinese.