ZIP Code 40409

Homes around Mc Kinney in ZIP 40409 carry a median value of $123,600, and the county's 0.48% effective property tax rate works out to a comparatively light annual bill on that price. With median household income at $52,619 and per-capita income at $28,049, owners here devote a smaller slice of earnings to property taxes than in many places. A 6.00% combined sales tax applies to purchases, adding a bit to everyday costs. Even so, the gap between what homes cost and what households bring in keeps ownership within reach for many working families.