Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

McKinney Acres

Learn about the people, housing, costs and businesses in McKinney Acres, Texas

Median Home$168,500
Median Rent$871/month
Population825
Leading IndustriesManufacturing · Professional Services · Education1% manufacturing
Home Value Growth⬆⬆+20.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners88% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
McKinney Acres
TX

Frequently Asked Questions

What are today's mortgage rates in McKinney Acres?

As of today, the 30-year fixed mortgage rate for McKinney Acres is approximately 6.887% (6.923% 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 McKinney Acres
What is the median home price in McKinney Acres?

The median home value in McKinney Acres is $169k. The median monthly rent is $871. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McKinney Acres?

Home values in McKinney Acres have increased 20.2% 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 McKinney Acres?

Based on a typical all-in ownership cost of $699/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McKinney Acres is $68k/year.

Calculate your buying power
What industries drive the economy in McKinney Acres?

The largest employment sectors in McKinney Acres are public administration (18%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.