The 10 Best McKinney Suburbs To Live In For 2024

The 10 Best McKinney Suburbs To Live For 2024

University Park is always mentioned as one of the best suburbs in the McKinney area. We’ll tell you the good about “Awesome University Park.”

Everyone here is rich; families average $250,001 a year, which is the highest in the McKinney region. And only 4.14% are out of work. Homes average more than $2,037,260 each.

Coppell is the second best ‘burb we looked at near McKinney for 2024.

It ranks 15th for incomes in the area and only 4.5% of residents lack insurance, good for 10th best.

Here in Highland, it’s really safe, and residents are just about as rich as you’ll see in the McKinney metro area.

The bad side? Schools are more crowded, and the cost of living puts a large part of the city out of reach for most families.

But price is based on demand and a lot of people want to live in Highland.

Highland Park ranks as the 4th best suburb of McKinney for 2024.

You won’t find many better places to raise your kids in the region than in Highland Park and the schools are some of the best around.

Coming in as the fifth best is Lucas.

Lucas gets kudos for having the 4th most expensive homes in the McKinney area, where houses sell for an average of $1,003,546. However, the cost of living here is among the highest in the area.

Double Oak is proud of its 6th place finish on this list. And here’s why.

Most residents have great jobs and the unemployment rate sits at 2.68%.

According to online reports, Double Oak is quickly becoming one of the more affluent suburbs in the McKinney area, meaning you need to get in soon.

The 7th best suburb on our list goes to Frisco.

Frisco schools are some of the best in the region, and crime is really low. The cost of living makes it a lot more desirable for many families, especially first-time home buyers.

And, it’s only 9.4 miles to downtown, which is a good thing.

Review Of Frisco by HomeSnacks User

I love Frisco, specifically Frisco Square, with its cozy vibe. It’s a small area, but it has great restaurants, a library, movie theater, and senior center to keep it alive. In the winter, the whole place is alive with lights that create a very picturesque scene.

The people and restaurants stand out. The people are nice wherever you go, and there is a diversity of delicious restaurants, whether you’re looking for casual or formal dining.

Heath is growing quickly, and for a good reason. Crime is far below average, and most residents are gainfully employed. Even the cost of living is reasonable.

A solid 3.32% of people lack insurance, good for 6th in the area.

Is ‘Everything Better In Flower Mound?’

Almost.

It placed 9th on our list thanks to the fact that it’s really expensive to live here, but the schools are great, so you get what you pay for in that regard.

And rounding out the top ten for 2024 is Providence.

This city is far above average in every category, and the best part? It’s far more affordable than the other cities listed above. So, you get a big bang for your buck here.

Methodology: How We Determined The Best Suburbs Around McKinney for 2024

Figuring out the best suburbs around McKinney was simple. We used Saturday Night Science to find things people like about living in the suburbs and then locate the suburbs with those things.

We analyzed the newest American Community Survey data for 2018-2022 to research each suburb. We decided upon the following criteria:

• Low unemployment rate
• High median household incomes
• Population density (lots of things to do)
• High home values
• A lot of college-educated people
• Low poverty
• High rate of insured families

We defined a suburb as being within 30 miles of McKinney.

Additionally, we limited the analysis to places that have over 2,000 people. This left us with a grand total of 58 suburbs to evaluate around McKinney.

We ranked each place with scores from 1 to 58 in each category, where 1 was the “best.

Next, we averaged the rankings for each place to create a quality-of-life index.

Finally, we crowned the city with the best quality of life index, the “Best Suburb near McKinney.” We’re lookin’ at you, University Park.

This result may differ from our state-wide data as we did not include commute times and crime for this analysis to allow for a more extensive selection of suburbs.

We updated the data for 2024. This report is our tenth time ranking the best McKinney suburbs. Skip to the end to see the list of all the suburbs ranked from best to worst.