The city of McKinney is located in Collin County, Texas. It has a population of around 169,000 people (2012). The median home value here is $225,800.00 with the cost of living index sitting at 92.4 (the national average is 100).
If you’re planning on moving to McKinney it would be worth it to look at a few facts about the city before you do. Here’s a list of some pros and cons of living in McKinney, TX:
PROS – The cost of living index – this is one of the lowest in the entire country so home prices are affordable here. This would be great for starting on a budget or making it easier to save up for larger expenses. This also means that your dollar will go further when you’re out and about doing things. – The median price of homes is around $225,800 with a property tax rate of 1.98%. – McKinney has quite a few entertainment options (more on this below) – like most cities you can enjoy sports and other events at one of the many stadiums or arenas. – McKinney has a low unemployment rate of 5.3%.
CONS – This is not a very diverse city – with such a small percentage (5%) of residents who are African American, it might be hard to meet new people outside of your race/ethnicity unless you make an effort to branch out. – The crime rate is pretty average for Texas, but if you’re used to living in larger cities like Los Angeles this might seem higher than what you’re used to (the national average for both violent crimes and property crimes is 3.86% vs McKinney’s rate of 4.25%).
– Unlike in larger cities where you may find more job opportunities in the many different industries, McKinney doesn’t have a large variety of career choices and the unemployment rate is just above the national average.
As with most things when it comes to life in general there are pros and cons no matter what your location. This list is only meant to give you an idea of what to expect when you make the move here. There are many different things to consider, like your living style and what amenities you need or prefer before moving anywhere. However, these were the top 3 pros and cons for McKinney, Texas.