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McKinney, TX Real Estate


According to census data in the year 2000 there were 19,423 housing units in McKinney. This represents a 127.5% growth from 8,539 in 1990.

Of those housing units, 18,594 were located in either urbanized areas or urban clusters, and 829 were located in what is classified as a rural area.

Homeownership rate in McKinney is about 70.6%. McKinney's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.89 people.

The majority of houses, apartments or condos in McKinney were built after 1993.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom11.70%
Two Bedrooms18.80%
Three Bedrooms34.90%
Four Bedrooms28.40%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1995
Median Value of occupied units$148,100
Median Price asked for vacant units$159,400

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1985
Median Monthly Rent asked for vacant units$813

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.40%
Home Equity Loan3.50%
Simple Mortgage73.30%
Debt Free16.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%