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McKinney, Texas

city · Collin County

At a glance

210,600
Population
$471,800
Median home value (all homes)
56% above U.S. median
$480,265
Typical market value
Zillow, 2026-07
$1,901/mo
Median rent
41% above U.S. median
$124,215
Median household income
58% above U.S. median
27.8 min
Average commute
95.7%
Homes with broadband
81.07%
Locations with fiber available
3.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 118 — 18% above the national average. how it's computed

Housing73% above
Goods & services1% above
Utilities15% above
Taxes57% below
Insurance25% above
Commute cost8% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Nearest 4-year college17 mi
Nearest community college3 mi
Nearest technical college11 mi
High school graduates95.2%
College graduates54.1%

Doing business here

Economic development contacts, most local first:

city McKinney Economic Development Corp
McKinney Economic Development Corporation (MEDC) is a sales tax funded, statutory nonprofit corporation dedicated to economic development. It leads, directs, and coordinates the broad-based expansion of the city’s business tax base and promotes sustainable growth, thereby continuously enhancing the quality of life in McKinney.
state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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