Assisted Living Communities in Mckinney, Texas

In McKinney, assisted living facilities charge around $3,274 per month, based on rates in the 2024 Genworth Cost of Care Survey. By contrast, the Texas median runs near $4,915, making McKinney among the most economical places in the state for care. Rates trend higher in nearby cities, including Dallas and Waco, where respective monthly fees come in at approximately $5,241 and $5,501.

Assisted living communities in McKinney often accept a mix of public and private payments, letting residents fund their care in a way that fits their needs and budgets. Seniors cover their care through Medicaid programs, veterans’ benefits and funds from private checking and savings accounts.

• Medicaid: Texas Medicaid administers the STAR+PLUS waiver, a managed care program that pays for assisted living services, such as personal care, homemaker tasks and medication management. This program has enrollment caps and criteria related to income, assets and functional abilities.
• Medicare: Medicare doesn’t pay for nonmedical custodial services, so assisted living expenses fall outside the scope of its coverage. However, Medicare does pay for specialized services some assisted living residents receive, including rehabilitative therapies, skilled nursing and medication administration.  
• VA Benefits: The VA administers the Geriatrics and Extended Care program, which pays for help with dressing, bathing, meal preparation and transportation. Veterans who qualify for Aid and Attendance benefits increase their monthly pension, helping them afford living and long-term care expenses.
• Private Payments: Reverse mortgages, Social Security benefits, retirement savings accounts and long-term care insurance provide private payment sources for assisted living residents. Residents use private payments to cover housing, personal care and meals.

Assisted living ranks as the most budget-friendly senior care solution in McKinney, with residential care facilities charging around $3,274 per month for care. This comes in well below nursing home norms of approximately $5,992. It also offers over $10,000 in monthly savings over the cost of home health care services.

The Texas Department of Health and Senior Services licenses and regulates assisted living communities in McKinney, as in all of Texas. Facilities undergo inspections and are issued licenses depending on the level of care they provide, either a Type A or Type B. The staff must hold the proper certification and levels of training, which is also part of the inspections. 

• Safer than 42% of U.S. cities, McKinney has an annual crime frequency of less than 12 violent and nonviolent offenses per 1,000 people. Residents have a 1 in 86 chance of becoming victims of any type of crime, making this city an attractive option for long-term care.
• Texas doesn’t have a state income tax, so seniors keep a large portion of their retirement income. While property taxes tend to run high, choosing assisted living lets seniors avoid that expense.
• Average daytime temperatures in McKinney range from 55 degrees Fahrenheit in the winter to 96 degrees Fahrenheit in the summer. The city sees about 35 inches of annual rainfall and only a light dusting of snow in the winter, promoting an active lifestyle for seniors who enjoy outdoor activities,
• With an AARP livability score of 55, McKinney ranks in the top half of U.S. communities for favorability for seniors. This score reflects the low preventable hospitalization rate, ADA-accessible public transportation options and access to area amenities.
• Baylor Scott & White Medical Center – McKinney sits within McKinney, giving assisted living residents access to diverse primary, specialty and emergency medical services. This 192-bed facility has health care providers who specialize in pain management, surgical services, radiology and heart care.