The City of McKinney has announced its annual population estimate of nearly 190,000 residents, a roughly 4.5 percent increase in population from January 2018. The population has increased nearly 327 percent during the last 20 years, from 44,000 in 1999 to 187,802 in 2019 according to city estimates. Last year, the city was named one of the fastest growing cities in the country according to U.S. Census Bureau estimates and has been ranked for several years.
“While this unprecedented growth provides for a booming economy, we remain committed to maintaining the community feel that has brought so many of us to McKinney,” said City Manager Paul Grimes. “Our success can be attributed to diligent oversight and planning by talented staff, as well as an engaged City Council and community that guides the direction of the city to develop into a world-class community.”
The city saw a total of $1.22 billion in new construction value in 2017 compared to $1.24 billion in new construction during 2018. This is a two percent growth in all new construction, however, new commercial growth was up 24 percent from 2017 to 2018. By 2040, McKinney's population is expected to grow by another 100,000 residents to roughly 284,000, according to city estimates.
McKinney, Texas, is unique by nature. As one of the fastest growing cities in America, McKinney has a current population of nearly 190,000 and serves as the county seat for Collin County. McKinney offers award-winning schools, a vibrant historic downtown and cultural district, diverse housing options, a trendy culinary scene, and a uniquely beautiful natural setting with rolling hills and lush trees. The city is home to the top-rated McKinney National Airport and serves as the headquarters to many Fortune 500 companies and a burgeoning set of cutting-edge technology companies. McKinney offers the perfect mix for successful business development: a highly educated workforce, availability of land for expansion, convenient location to the DFW area and a nationally-acclaimed quality of life.