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EconPulse

Local economy signal dashboard

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PLACEThriving

Mckinney, TX

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score81out of 100
Compare
97
65
100
74
82

Population

210,600

Data freshness

Unknown

GDP / Output

+8.3% YoY

97

$115.4B

Output changed +8.3% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

65

3.8%

Unemployment is 3.8% for April 2026.

Vintage date unknown

State avg4.3%
U.S. avg4.3%

Population

+10.1% 5-year

100

210,600

Population moved +10.1% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

74

18.4%

Median rent consumes 18.4% of median household income: Affordable.

Vintage date unknown

State rent$1.4K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.9K per resident

82

$6.3B

$6.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.3B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$6.3B

$5.9K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$3.9B
2. Department of Defense$1.3B
3. Department of Veterans Affairs$618.0M

Top recipients

Dollars
1. RAYTHEON COMPANY$827.5M
2. RAYTHEON COMPANY$230.2M
3. TEXAS DEPARTMENT OF TRANSPORTATION$117.6M

Affordable

Housing Affordability

18.4%

of median income

1BR estimate$1,559
2BR estimate$2,053
Median income$124,215
Median home value$471,800

ACS context

Quick Facts

Population

210,600

Median age

36.9

Bachelor's degree+

54.1%

Poverty rate

5.7%

Labor force participation

71.5%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+2.0%

GDP CAGR

+9.2%

Federal flow

5 years

Population (5 years)
2020191,197
2021189,394
2022196,160
2023202,314
2024210,600
GDP (5 years)
2020$74.1B
2021$83.1B
2022$96.0B
2023$106.5B
2024$115.4B

2-year linear forecast

Predictive Outlook

Population forecast

2024210,600
2025213,451 *
2026218,623 *

R² = 88.9% · * projected

GDP forecast

2024$115.4B
2025$126.8B *
2026$137.3B *

R² = 99.6% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$124,215/yr
Median rent$1,901/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$28,628/yr
Mortgage share of income23.0%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.8%
State avg4.3%
U.S. avg4.3%
Labor force participation71.5%
Poverty rate5.7%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$471,800
Median monthly rent$1,901
Price-to-rent ratio20.7x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score86/100
Economic growth97/100
Labor market65/100
Population momentum100/100
Overall stability81/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

McKinney city, Texas

City/Town

Part of

Dallas-Fort Worth-Arlington, TX

Nearby locations

Fairview, TXNew Hope, TXAllen, TXLowry Crossing, TXLucas, TX