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. 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 $120,273.00.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.77% 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.
One thing noticeable about McKinney, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because McKinney is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes McKinney a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
If knowledge is power, McKinney is a pretty powerful place. 52.58% 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 $53,008, which is wealthy relative to Texas and the nation. This equates to an annual income of $212,032 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 17.00% of the city’s residents. Important ancestries of people in McKinney include English, German, Irish, Italian, and French.
Foreign born people are also an important part of McKinney's cultural character, accounting for 18.38% 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.