Pharr, TX Economy


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Pharr is a city located in southern Texas, near the US-Mexico border. It is known for its diverse culture, rich heritage, and friendly neighborhoods. The cost of living in Pharr is relatively low compared to most US cities; the average 2 bedroom rent is $890, which is $540 less than the US average. Residents have access to all their necessary services with local companies such as Kona Ice of Pharr and Lone Star Automotive offering top-notch services. Additionally, shopping opportunities are plentiful with grocery stores like H-E-B and Stripes nearby. Other amenities include access to public libraries, parks, and universities such as South Texas College for further education opportunities.

Pharr has an unemployment rate of 11.4%. The US average is 6.0%.

Pharr has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Pharr
- The Sales Tax Rate for Pharr is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Pharr is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Pharr
- The average income of a Pharr resident is $13,568 a year. The US average is $28,555 a year.
- The Median household income of a Pharr resident is $39,606 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPharr, TexasUnited States
  11.46
  -3.6%-6.2%
  31.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $17,149$37,638
  $39,606$69,021
  $45,102$85,028
  Population by Occupation
  1.3%1.2%
  2.1%0.5%
  8.4%6.8%
  6.1%10.0%
  3.6%2.5%
  12.3%11.0%
  3.9%4.8%
  0.9%0.8%
  1.6%1.9%
  2.9%4.7%
  1.5%1.9%
  3.8%7.6%
  0.1%0.1%
  4.9%4.2%
  9.1%9.3%
  14.9%14.0%
  1.7%2.1%
  9.2%7.0%
  7.1%4.8%
  4.4%4.7%
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