McKinney, TX, US
Fastest-growing US city with a historic downtown and top-rated Collin County schools.
Above Average vs US Avg (100)
Above Average
Household income
Job market health
McKinney vs US Average
Taxes
- State Income Tax: None
- Sales Tax: 8.2%
Economy & Jobs
- Median Income: $78,000
- Unemployment: 2.8%
- Population: 200,000
Climate
- Sunny Days: 230/year
- Summer High: 95°F
- Winter Low: 38°F
- Farming Zone: USDA Zone 6a
Housing
- Median Home: $420,000
- 1BR Rent: $1500/mo
Cost of Living
McKinney's cost of living index is 105 (US average = 100).
| Category | McKinney | National Average | Difference |
|---|---|---|---|
| Overall | 105 | 100 | +5.0% |
| Housing | 115 | 100 | +15.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | $420,000 |
| Median Rent (1BR) | $1500/mo |
| Median Rent (2BR) | $1,875/mo |
| Price per Sq Ft | $280 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in McKinney:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | $88 | Based on ~900 kWh/month typical US household usage |
| Heating & Cooling | $43 | Estimated based on local climate. Gas or electric |
| Cooling (AC) | $23 | Estimated based on local climate and electricity rates |
| Water | $65 | Includes sewer |
| Internet (100+ Mbps) | $70 | Broadband average |
| Garbage / Trash | $25 | Private service |
| Total Utilities | $314 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
McKinney scores —/100 for remote work readiness:
Climate
McKinney has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 58°F | 38°F | 2.5" |
| April | 80°F | 53°F | 2.8" |
| July | 95°F | 70°F | 1.5" |
| October | 75°F | 56°F | 2.2" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
McKinney faces the following natural hazards:
Extreme summer heat.
Frequent wildfire seasons.
Gulf Coast frequently affected by hurricanes.
Tornado Alley with frequent tornadoes.
Coastal flooding and flash floods.
Frequent drought conditions.
Dust storms in western regions.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 8.25%
- Property Tax: ~1.8% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.8%.
Schools & Education
Academic Schedule
State mandates 180 school days. Many districts start in mid-August.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in McKinney, TX, US?
The cost of living index in McKinney is 105, which is Higher the US national average of 100.
How much does it cost to buy a home in McKinney?
The median home price in McKinney is $420,000. The housing index is 115.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in McKinney is approximately $1500/mo.
Does McKinney, TX have income tax?
McKinney is in TX, which has no income tax.
What is the climate like in McKinney?
McKinney enjoys approximately 230 sunny days per year. Summer highs reach around 95°F, while winter lows can drop to around 38°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.