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Penitas, Texas   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Penitas: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Cost of living
-Economic growth
-Pleasant winters

Cons

-Growth and sprawl
-Low educational attainment
-Crime rates


What Bert Has To Say About McAllen-Edinburg-Mission Metro Area


The McAllen area is dominated by local agriculture, border-zone factories, and commerce related to the port of entry at Reynosa into Mexico. Like other border towns, the area has a dominant Hispanic heritage, high growth rate, and a low cost of living. McAllen is in the center of a broad, flat agricultural area known locally as “The Valley” dotted with vegetable and citrus growing interspersed with small towns and expanding suburbs. The more middle-class Edinburg, 5 miles north, is home to the University of Texas Pan American campus, the largest higher education facility in south Texas. Mission is an agricultural center west. McAllen, which has a reputation for being quieter than the border towns of Brownsville and Laredo, has a nice downtown area and is nicknamed “City of Palms.”


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Highlights



Quick Facts About Penitas


    ECONOMY
    The unemployment rate in Penitas is 8.20 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Penitas jobs have Increased by 0.80 percent.
    COST OF LIVING
    Compared to the rest of the country, Penitas's cost of living is 31.50% Lower than the U.S. average.
    POPULATION
    As of 2014, Penitas's population is 4,715 people. Since 2000, it has had a population growth of 337.79 percent.
    TRANSPORTATION
    Average Commute time is 22 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Penitas is $43,062. Home appreciation the last 10 years has been 11.55%.
    SCHOOLS
    Penitas public schools spend $10,175 per student. The average school expenditure in the U.S. is $12,383. There are about 15.2 students per teacher in Penitas.

Penitas Ranked & Rated



Penitas Housing Market


It's a good time to buy in Penitas. Home Appreciation is up 2.0% in the last 12 months. Browse Penitas Real Estate.
The median home price in Penitas is $43,062. Browse Homes in this Range.
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Reviews for Penitas, Texas


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Penitas

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