Progreso, TX Economy


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Progreso, TX is a charming small town located in Hidalgo County, just south of McAllen. It is known for its quaint downtown area with many local businesses, including Rios Supermarket, Progreso Auto Parts, and Artesanias El Tesoro. The cost of living here is quite low compared to other places in Texas. For example, the average two bedroom rent in Progreso is only $880 compared to the US 2 Bedroom Rent average of $1,430. Additionally, the Grocery Cost Index in Progreso is 89 versus 100 in the US. This makes it an attractive town for those looking to save money while still enjoying quality amenities.

Progreso has an unemployment rate of 11.2%. The US average is 6.0%.

Progreso 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 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Progreso
- The Sales Tax Rate for Progreso is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Progreso 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 Progreso
- The average income of a Progreso resident is $9,669 a year. The US average is $28,555 a year.
- The Median household income of a Progreso resident is $38,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProgreso, TexasUnited States
  11.26
  -3.6%-6.2%
  32.2%33.5%
  8.3%6.2%
  0.0%4.6%
  $12,931$37,638
  $38,214$69,021
  $39,139$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  1.5%6.8%
  6.1%10.0%
  0.0%2.5%
  6.4%11.0%
  0.7%4.8%
  2.0%0.8%
  0.0%1.9%
  6.5%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  24.4%9.3%
  21.5%14.0%
  3.4%2.1%
  17.6%7.0%
  3.8%4.8%
  3.1%4.7%
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