Hidalgo County · Texas · South · 145k residents
McAllen, TX: economy, jobs & business costs
The site-selection read on McAllen: labor costs, talent, corporate tax, energy, and business activity, with the Texas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $845/wk. Texas's corporate income tax rate is 0%. Commercial electricity averages 8.6¢/kWh.
Compare McAllen side by side
Avg. weekly wage
$845/wk
Corporate income tax
0%
Bachelor's degree or higher
32.5%
Commercial electricity
8.6¢/kWh
Economic momentum
How fast McAllen's economy is moving, ranked against the US cities we track.
64/100
Steady
Ranks McAllen's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $190,400 |
| Price per sq. ft. | $170 |
| Property tax rate | 1.68% |
| 1-bedroom rent | $758/mo |
| 2-bedroom rent | $1,063/mo |
| State & local income tax | 0% |
| Sales tax | 8.2% |
| Corporate income tax | 0% |
| Avg. weekly wage | $845/wk |
| Bachelor's degree or higher | 32.5% |
| Commercial electricity | 8.6¢/kWh |
| Businesses per 1k residents | 15.5/1k |
| Wage: Software developer | $116,120 |
| Wage: Registered nurse | $80,540 |
| Wage: General manager | $74,570 |
| Wage: Customer service | $35,830 |
| Wage: Warehouse worker | $35,080 |
| Wage: Heavy truck driver | $47,040 |
| Wage: Electrician | $46,930 |
| Wage: Retail salesperson | $27,420 |
| Cost of living index | 83 |
| Groceries index | 96 |
| Utilities | $185/mo |
| Transit pass | $96/mo |
| Gas price | $2.90/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,000/mo |
| Median household income | $61,579 |
| Unemployment rate | 4% |
| Population | 145k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 38/100 |
| Disaster risk | 99/100 |
| Avg. commute | 27 min |
| Sunny days / year | 230 days |
| July high | 98°F |
| January low | 49°F |
| Annual snowfall | 0 in |
| Home price YoY | +0.6% |
| Home price MoM | -0.2% |
| Rent YoY | +1.5% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | +1.5% |
| Building permits YoY | -12.7% |
| Ocean coast | 67 mi |
| Big lake | 290 mi |
| Mountains | 374 mi |
| Major airport | 229 mi |
| Ski resort | 672 mi |
Popular comparisons
Nearby
- Pharr, TX · 80k
- San Juan, TX · 36k
- Mission, TX · 87k
- Alton, TX · 20k
- Alamo, TX · 20k
Similar size
- Waco, TX · 144k
- Mesquite, TX · 149k
- Pasadena, TX · 149k
- Denton, TX · 153k
- Midland, TX · 137k
Real listings in McAllen
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is McAllen a good place to run a business?
- Texas's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $845/wk; commercial electricity averages 8.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in McAllen, TX?
- McAllen indexes at 83 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,063/mo and a acs median home value of $190,400.
- How much does a house cost in McAllen?
- The acs median home value in McAllen is $190,400 (Census ACS estimate; individual listings vary).
- How much is rent in McAllen?
- A two-bedroom in McAllen rents for about $1,063/mo.