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2024 Compare Cities Economy:
Forest Lake, MN vs McKinney, TX

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Highlights
- Household income in McKinney, is 21% more than it is in Forest Lake and is 35% above the National Average.
- Forest Lake unemployment rate is 3.9%.
- McKinney unemployment rate is 6.0%.

Economy
 Forest Lake, MNMcKinney, TXUnited States
 Unemployment Rate3.9%6.0%6.0%
 Recent Job Growth1.8%3.3%1.6%
 Future Job Growth36.4%54.8%33.5%
 Sales Taxes7.1%8.3%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$43,067$46,671$37,638
 Household Income$87,753$106,437$69,021
 Family Median Income$113,478$119,777$85,028
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 Est. Households By Income
 Forest Lake, MNMcKinney, TXUnited States
 Income Less Than 15K4.4%4.6%9.4%
 Income between 15K and 20K2.3%2.4%3.8%
 Income between 20K and 30K5.7%4.5%8.1%
 Income between 30K and 40K7.5%5.8%8.0%
 Income between 40K and 50K4.7%5.3%7.6%
 Income between 50K and 60K8.1%4.6%7.2%
 Income between 60K and 75K10.7%7.6%9.6%
 Income between 75K and 100K12.0%12.6%12.8%
 Income between 100K and 150K21.5%20.4%16.3%
 Income between 150K and 200K13.0%14.5%7.8%
 Income greater than 200K10.1%17.5%9.5%
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 Population By Occupation
 Forest Lake, MNMcKinney, TXUnited States
 Management, business, finance18.7%26.1%16.4%
 Engineering, computers, science7.3%10.8%6.5%
 Community, social services2.0%1.5%1.8%
 Legal0.9%1.0%1.2%
 Education, library4.6%7.3%6.2%
 Arts, design, media, sports, entertainment0.9%2.2%2.0%
 Healthcare practitioners and technology7.6%5.7%6.2%
 Healthcare support3.9%1.6%3.3%
 Firefighters, law enforcement1.1%1.5%2.1%
 Food preparation, serving3.4%4.6%5.4%
 Building maintenance2.4%2.1%3.6%
 Personal care2.7%2.4%2.6%
 Sales, office, administrative support20.7%21.0%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair9.2%4.7%8.1%
 Production, transportation, material moving14.5%7.5%13.1%

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Reviews for Mckinney    19 Reviews

Amir · 
Over 2 years ago

Very charming town. This city has been extremely discipline and not trying to keep up with neighboring cities to bring big name outsiders and because of it has tons of  More

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We've lived in McKinney for 8 years. We left California because we knew where it was headed and thankfully ended up in McKinney. We have seen it grow tremendously. We  More

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I have only spent a few days in Mckinney and surrounding area such as Plano prosper Lucas Frisco and down town Dallas. The reason I and my family visited from New York  More

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ZIPS IN FOREST LAKE, MINNESOTA
55025
ZIPS IN MCKINNEY, TEXAS
75070 75071 75069

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