McKinney, Texas is a city located within the Dallas metro area that has become increasingly popular for those seeking a great place to live. In this video, we will explore what makes McKinney such an attractive place to live, covering topics such as demographics, schools, cost of living, crime, and real estate.

Demographics

McKinney has a population of over 200,000 people and is the county seat of Collin County. According to Niche.com, McKinney receives an overall grade of A and has an A rating for being a great place for families. Additionally, it has an A rating for diversity, which is important for those seeking a place to feel comfortable and welcomed.

Schools

The schools in McKinney are highly rated, with an A+ rating from Niche.com. This makes it an ideal place for families with children looking for good quality education. The city also has a number of private schools, providing parents with a range of educational options for their children.

Cost of Living

Compared to other cities in the Dallas metro area, McKinney has a lower cost of living. This means that residents can enjoy a good quality of life without spending too much money. The cost of living in McKinney is approximately 5% lower than the national average. Housing prices in McKinney are also relatively affordable, with the median home value being $505,000 in 2023 thus far according to the local Multiple Listing Service in Dallas Texas,  however, it has a wide range of home prices ranging from as low as $135,000 to multi-million dollar homes. 

Crime

McKinney has a low crime rate compared to other cities in the Dallas metro area. According to BestPlaces.net, McKinney has a violent crime rate of 13, which is lower than both Dallas (37) and the national average (22.7). The property crime rate in McKinney is also lower than in Dallas, with a rating of 29.6 compared to 50.7 for Dallas. This makes McKinney a safe place to live and raise a family.

Real Estate

The real estate market in McKinney is strong, with many homes being sold within a short period of time. The median home value in McKinney is $505,000 in 2023 thus far according to the local Multiple Listing Service, which is slightly higher than the national average. However, the cost of living in McKinney is lower than the national average, which means that residents can still enjoy a good quality of life without having to spend too much on housing.

Employment

McKinney has a diverse range of employers, with many people working in healthcare, education, and technology. The largest employer in McKinney is Raytheon, a defense and building supply company. Other notable employers in McKinney include Independent Bank, Encore Wire, and the City of McKinney. With a low unemployment rate and a range of employment options available, McKinney is a great place to find work.