McAllen-Edinburg-Mission, TX Metro Area is a great place to live because of its affordability. The average 2 bedroom rent in this area is $880 per month which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in the McAllen-Edinburg-Mission area is 90 compared to the US average of 100, making groceries more affordable here as well. This area also has numerous companies offering employment opportunities such as H-E-B Grocery Stores, Citgo Petroleum Corporation, and Selena Quintanilla Perez Enterprises. There are also many schools and universities such as The University of Texas Rio Grande Valley and South Texas College that provide further job opportunities for those looking to live in this area. All these factors make McAllen-Edinburg-Mission a great option for those looking for an affordable place to call home.
McAllen-Edinburg-Mission Metro Area has an unemployment rate of 11.2%. The US average is 6.0%.
McAllen-Edinburg-Mission Metro Area 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 32.2%, which is lower than the US average of 33.5%.
Tax Rates for McAllen-Edinburg-Mission Metro Area
- The Sales Tax Rate for McAllen-Edinburg-Mission Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for McAllen-Edinburg-Mission Metro Area 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 McAllen-Edinburg-Mission Metro Area
- The average income of a McAllen-Edinburg-Mission Metro Area resident is $18,880 a year. The US average is $37,638 a year.
- The Median household income of a McAllen-Edinburg-Mission Metro Area resident is $44,666 a year. The US average is $69,021 a year.