2025 Compare Cities Economy:
Richmond, VA vs McKinney, TX

Change Cities
Highlights
- Household income in McKinney, is 94% more than it is in Richmond and is 35% above the National Average.
- Richmond unemployment rate is 7.1%.
- McKinney unemployment rate is 6.0%.
 Richmond, VAMcKinney, TXUnited States
 Unemployment Rate  Unlock6.0%6.0%
 Recent Job Growth  Unlock3.3%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$38,132  Unlock$37,638
 Household Income  Unlock$106,437$69,021
 Family Median Income$72,604  Unlock$85,028
 space
 Est. Households By Income
 Richmond, VAMcKinney, TXUnited States
 Income Less Than 15K  Unlock4.6%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock4.5%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock5.3%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.6%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock20.4%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock17.5%9.5%
 space1
 Population By Occupation
 Richmond, VAMcKinney, TXUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock10.8%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock1.6%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock4.6%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.0%  Unlock8.1%
 Production, transportation, material moving  Unlock7.5%13.1%
Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

   |    Reply

Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

   |    Reply

Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

   |    Reply

Start Your Review of Richmond

Reviews for Mckinney    19 Reviews

Amir · 
Over 3 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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Mckinney


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.