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 decrease by -3.6% 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 $17,149 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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