For most cities, growth happens gradually. After the town is founded, it gradually gains new residents at a modest rate, slowly but steadily picking up speed as its leadership and industry create new jobs and other incentives to draw in new arrivals. Over a lengthy period of time, a small city can grow into a large metropolis.
This holds true for most cities, remaining relatively consistent throughout the country. There is a city, however, that defies this paradigm. This city has in recent years grown from a modest suburban community into a large, thriving city with a well developed industry, rapidly growing real estate market and well established populace. Which city is this, you ask? Why, it’s the city of McKinney TX, of course!
The secret to McKinney’s growth
Now, you might be wondering why this city is growing so quickly. What makes this city so attractive to new residents, and why should you consider moving here yourself? Well the secret is… there is no secret! McKinney is simply a great place to live. In the years since it was founded, it’s been widely recognized as one of America’s most welcoming towns, even being voted #1 on Money magazine’s list of best places to live in the United States.
While there isn’t any particular “secret” to McKinney’s stellar growth and reputation, the reasons for this growth can be broken down and analyzed individually. The primary causes of this growth are several: low crime rates, a rapidly growing job market, a thriving real estate market and a friendly, welcoming community. Let’s look at each of these in more detail, shall we?
Crime rates in McKinney TX
First up, let’s take a look at crime rates in McKinney. Compared to other cities of similar size, McKinney is one of the safest places in the entire country! Both violent and property crime rates are low as can be, thanks in large part to competent and professional law enforcement agencies working in tandem with robust community crime reduction programs.
Looking first as violent crime rates, McKinney stands out for just how peaceful its streets are. With just a mere 1.44 incidents per 1,000 residents per year, this crime rate shines when compared to the national average of 4.19 incidents per 1,000 residents per year. These numbers are virtually unheard of for cities of this size!
Property crimes are also exceptionally low, with just over 10 incidents per 1,000 residents per year. This is again much lower than the national average of 24 incidents per 1,000 residents per year, setting this city apart as a place where not only you and your family will be safe, but your belongings and property as well.
Job Market in McKinney TX
Of course, crime rates aren’t everything. If you’re going to be living in a new city, you’re going to need to work. So what state will you find McKinney’s job market in? A great state, as it turns out! McKinney is a great place to work, and just as great of a place to find a job. Whether you’re an experienced professional or an unskilled laborer, you won’t have much trouble finding work.
For skilled professionals with experience and certifications, there are competitively priced jobs available in most skilled fields. Regardless which field you work in, you should have very little trouble finding gainful employment in your respective field. Skilled workers are in high demand here in McKinney, and you shouldn’t have any employment related issues if you are a part of this group.
If you are an unskilled laborer, don’t worry; there’s work for you as well! While unskilled labor jobs do of course pay less than positions that require certification or postgraduate education, those with drive and ambition will have little difficulty finding a place of work. With time and discipline, there’s nearly limitless potential for advancement and a high paying career.
Real estate market in McKinney
Another reason why McKinney might just be the perfect place for you is its thriving real estate market. Whether you’re looking for a great investment or are just seeking a good place to live, the real estate market in McKinney might be just the thing to meet your needs. So how great is the real estate market in this city? Let’s find out!
The median home price in McKinney is higher than average, at just under $400,000. While this may seem pricey, this city has an immense amount of potential for growth, and will likely see home prices rise far higher than this. If you’re in the market for a home, now is the best possible time you can buy.
Don’t believe us? Just take a look at the appreciation rates in McKinney. At over 18% annually, property appreciation rates are substantially higher than the national average, and it’s rising more and more every year. According to real estate agents in McKinney TX, the real estate market in this city is on track to become one of the hottest in the country. In a few years, McKinney might very well have property values to rival San Francisco and NYC!
Conclusion
Well, we think one thing is clear: there are a lot of good reasons for McKinney’s rapid growth. Between its incredible real estate market, its high standard of living, its low crime rates and its many other positive attributes, this city is a place that people simply can’t stay away from. When you’re choosing a place to live, we hope you give McKinney TX a fair shake!
