McKinney Acres, TX is a great place to live for those looking for affordable housing options. The average two bedroom rent is $950 which is significantly lower than the US average of $1,430. This makes it a great option for those looking to save money while still having access to all the amenities that larger cities offer. There are also many local businesses in McKinney Acres offering goods and services at competitive prices - making the cost of living very reasonable. Groceries are particularly affordable with an index of 93 versus 100 in other parts of the country. Some popular local companies include McKinney Acres Pharmacy, McKinney Acres Burger Shack, and My Father's Pizza Parlor. With its affordable housing and low cost of living, McKinney Acres is a great place to call home.
McKinney Acres has an unemployment rate of 7.7%. The US average is 6.0%.
McKinney Acres has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for McKinney Acres
- The Sales Tax Rate for McKinney Acres is 8.3%. The US average is 7.3%.
- The Income Tax Rate for McKinney Acres 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 Acres
- The average income of a McKinney Acres resident is $23,428 a year. The US average is $37,638 a year.
- The Median household income of a McKinney Acres resident is $0 a year. The US average is $69,021 a year.