McKinney, Texas is an exciting city located in the north of the Dallas-Fort Worth Metroplex. This thriving city is home to just over 200,000 people and offers a vibrant culture, diverse economy and access to plenty of local amenities. The cost of living is quite affordable too – two bedroom rent in McKinney has been recorded as $1,890 compared to the US average of $1,430. Additionally, groceries are actually cheaper than the US average here with a grocery cost index of 102 compared to 100 across America.
This dynamic city offers plenty for locals and visitors alike! There is no shortage of restaurants in McKinney – from Italian favorites at Greco’s New York Pizzeria or Mexican cuisine at La Mexicana Taqueria to sushi hotspot Izumi Sushi & Grill. Other popular attractions include Heard Natural Science Museum & Wildlife Sanctuary and historic downtown McKinney offering unique shops and galleries. Companies such as Raytheon Technologies Corporation and Encore Wire Corporation also call McKinney their home providing employment opportunities for residents. With its mix of culture, cuisine, affordability and attractions it’s easy to see why McKinney is one of the best cities in Texas!
McKinney (zip 75070) has an unemployment rate of 6.0%. The US average is 6.0%.
McKinney (zip 75070) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 54.8%, which is higher than the US average of 33.5%.
Tax Rates for McKinney (zip 75070)
- The Sales Tax Rate for McKinney (zip 75070) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for McKinney (zip 75070) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for McKinney (zip 75070)
- The average income of a McKinney (zip 75070) resident is $38,478 a year. The US average is $28,555 a year.
- The Median household income of a McKinney (zip 75070) resident is $94,510 a year. The US average is $69,021 a year.