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McKinney, TX

A medium-sized city in Texas, McKinney has a population of slightly less than 164,000. Families with young children are a common sight, as kids under 5 make up an above-average percentage of the population, while retirees are less well-represented. Overall, the city's residents, with an average age of just over 34, are younger than most cities in Texas. Renters tend to be in the minority in the city, and 67% of residents own their homes. The average rent for McKinney is $311/month more than the state average.

Compared to the national average (21%), McKinney has a relatively large number of residents over the age of 25 who have earned a Bachelor's, Master's, Professional, or Doctoral degree (28%). There are two primary industries in McKinney: retail and healthcare. Combined, these industries make up 14% of the city's workforce. Meanwhile, looking at job function, many of the city's workers are in management, making it the top career path in the city. McKinney workers bring in an average annual income of almost $99,000, more than the average Texas resident. The city's average income also compares favorably to the national average of $73,345.

Averaging about 32 minutes, McKinney's commute time is longer than the Texas average of about 27 minutes. Many residents (44%) drive their car or truck to work, while public transit is not used widely. Walking isn't a common way to get to work.

Average Rent in McKinney

Studio1 Bed2 Bed3 Bed
Jan 20$1,334$1,249$1,579$1,954
Dec 191,1771,2381,6152,023
Nov 191,1391,2411,5711,919
Oct 191,1241,2361,6011,914
Sep 191,1161,2391,6441,967
Aug 191,2821,2561,6511,912
Jul 191,1061,2721,6391,926
Jun 191,2701,2591,6461,946
May 191,0641,2601,6301,944
Apr 191,1681,2151,6241,949
Mar 191,1141,1781,6131,934
Feb 191,0141,1551,5291,906
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.
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Frequently Asked Questions About McKinney

Looking for a cheap McKinney apartment?

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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