Page 16 - OM McKinney National Airport Land
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MCKINNEY                                                    Area Demographics

               Ranked  as the third fastest growing                        McKinney population    154,044
               county in Texas and  the thirteenth  in                     Median Household income
               America, McKinney retains its hometown
               charm and boasts incomparable quality                       McKinney               $97,612
               of life. This community is set apart from                   Collin County          $82,758
               surrounding North Texas suburbs with a
               charming historic district, beautiful parks                 State Average          $50,920
               and open spaces, topnotch golf courses,                     Median home values
               and diverse housing options.  The McKinney Independent School   McKinney           $185,600
               District has 26 of 27 campuses ranked exemplary or recognized
               by the Texas Education Agency. McKinney also scores well for its   Collin County   $202,000
               low unemployment rate of 3% and a crime-risk score of “most safe” in   State of Texas   $126,400
               a place that has been one of the fastest-growing cities in the U.S. for   Residents with high school diploma or higher
               the past decade.
                                                                           McKinney               91.6%
               The McKinney Economic  Development Corporation  actively pursues
               investments  in aeronautics/aviation and  defense, healthcare/medical   Collin County   92.9%
               manufacturing, emerging technology, clean manufacturing and   State of Texas       80.4%
               corporate  headquarters/office. McKinney  offers competitive incentive   Residents with bachelor’s degree or higher
               packages to business relocation and business expansion. For
               commercial air travel, McKinney is a quick 30-minute drive from DFW   McKinney     45.1%
               International  and Dallas Love Field  airports. McKinney’s  central   Collin County   48.7%
               location allows most major North American cities to be reached on a
               four-hour flight.                                           State of Texas         26.1%

                                                                          INCENTIVE AVAILABILITY

                                                                          McKinney Economic Development Corporation  (MEDC)
                                                                          provides  incentives  to qualifying businesses wanting to
                                                                          develop a business presence at McKinney National
                                                                          Airport.
                                                                          MEDC determines the amount of the incentive based on
                                                                          several factors: the taxable amount of new real property
                                                                          improvement (hangars/office), business personal
                                                                          property (aircraft) brought to McKinney and the number of
                                                                          jobs/annual payroll either new or relocated to McKinney.
                                                                          The  sustainability of a  project  can also influence  the
                              MAJOR AREA EMPLOYERS                        amount of the incentive.  Funds can  be used for

               Raytheon Company               Liberty Mutual              infrastructure, relocation, training  and other business
               McKinney ISD                   FedEx                       necessities.
               Collin County                  Dr Pepper Snapple

               Medical Center of McKinney     HP                          Since it was first formed in 1993, MEDC has invested in
               Encore Wire Corp               Dallas Cowboys              more than 100 projects adding more than $1 billion of
               Torchmark Corp                 Capital One                 taxable value into the economy. Those projects include
               Baylor Medical Center          Bank of America             airport  projects and the relocation  of major corporate
               Timber Blind & Shutter         Beal Bank                   flight departments.  JLL  has a special  practice group,
                                                                          Business and Economic Incentives, that would be able to
               Toyota                         Experian                    assist a buyer with that work.
               JCPenney                       Rent-A-Center
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