McKinney, Texas, December 30, 2025
McKinney, Texas has been named the most affordable city in the United States by The Motley Fool. The city boasts a low cost of living and a median household income that is remarkably higher than the national average. With a diverse economy and appealing housing market, McKinney stands out as an ideal destination for those seeking financial stability and quality of life.
McKinney Named Most Affordable City in the U.S.
McKinney, Texas has been recognized as the most affordable city in the United States, according to a recent report by The Motley Fool. This ranking highlights McKinney’s low cost of living combined with a high median household income, making it an attractive destination for residents seeking financial stability and quality of life.
Key Findings from the Report
- Cost of Living: McKinney’s cost of living is three points below the national average, indicating that everyday expenses are more manageable compared to other cities.
- Median Household Income: Residents earn a median income 52% higher than the national median, reflecting a prosperous community with ample economic opportunities.
- Income-to-Expense Ratio: The city’s income-to-expense ratio stands at 1.60, the highest among U.S. cities evaluated, suggesting that residents’ earnings stretch further in McKinney.
Demographic and Economic Insights
McKinney’s population is approximately 225,000, with a median age of 37. The city’s economy is diverse, with significant employment in professional, scientific, and technical services, retail, and healthcare sectors. This economic diversity not only contributes to the high median household income but also enhances the overall affordability of the city, making it a prime choice for families and individuals alike.
Housing Market Overview
The median property value in McKinney is $400,400, which is about $20,000 lower than the national median home sales price. This pricing, combined with the city’s economic advantages, creates an appealing landscape for homebuyers and renters. The relatively low housing costs paired with robust income levels present an exciting opportunity for those looking to establish residency in a vibrant community.
Comparative Rankings
Other Texas cities also ranked highly in affordability, further establishing the state’s position as an economical haven. Midland secured the fourth position, Austin was seventh, and Plano ranked eighth. These rankings reinforce Texas’s reputation as an appealing place for both current residents and potential newcomers looking for economical living conditions.
Conclusion
McKinney’s combination of low living costs, high median incomes, and a diverse economy positions it as a leading choice for individuals and families seeking affordability without sacrificing quality of life. The city’s continued growth and economic health not only make it a standout in national rankings but also encourage a thriving local community where entrepreneurial spirit can flourish. Individuals interested in the Dallas County economy should consider supporting local businesses, as their resilience and innovation contribute to the city’s ongoing success.
FAQ
What factors contributed to McKinney being named the most affordable city in the U.S.?
McKinney’s low cost of living, high median household income, and the highest income-to-expense ratio among U.S. cities were key factors in this ranking.
How does McKinney’s median household income compare to the national average?
McKinney’s median household income is 52% higher than the national median, indicating a prosperous community.
What is the median property value in McKinney?
The median property value in McKinney is $400,400, which is about $20,000 lower than the national median home sales price.
Which other Texas cities ranked highly in affordability?
Midland ranked fourth, Austin seventh, and Plano eighth in affordability, showcasing Texas’s overall appeal as an affordable state.
What industries contribute to McKinney’s high median household income?
Significant employment in professional, scientific, and technical services, retail, and healthcare sectors contribute to McKinney’s high median household income.
Key Features of McKinney’s Affordability
| Feature | Details |
|---|---|
| Cost of Living | Three points below the national average |
| Median Household Income | 52% higher than the national median |
| Income-to-Expense Ratio | 1.60, the highest among U.S. cities evaluated |
| Median Property Value | $400,400, about $20,000 lower than the national median |
| Population | Approximately 225,000 with a median age of 37 |
| Economic Sectors | Professional, scientific, and technical services; retail; healthcare |
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