Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

McKenney

Learn about the people, housing, costs and businesses in McKenney, Virginia

Median Home$201,300
Median Rent$770/month
Population471
Leading IndustriesTransportation · Public Administration9% transportation
Home Value Growth⬆⬆⬆+27.0% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners82% of occupied units
McKenney
VA

Frequently Asked Questions

What are today's mortgage rates in McKenney?

As of today, the 30-year fixed mortgage rate for McKenney is approximately 7.027% (7.068% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for McKenney
What is the median home price in McKenney?

The median home value in McKenney is $201k. The median monthly rent is $770. Annual property taxes average $940. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McKenney?

Home values in McKenney have increased 27.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in McKenney?

Based on a typical all-in ownership cost of $1,013/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McKenney is $62k/year.

Calculate your buying power
What industries drive the economy in McKenney?

The largest employment sectors in McKenney are public administration (27%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.