Zip 78542 (Edinburg, TX) Economy


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Edinburg, TX (78542) is an affordable city to live in due to its 2 bedroom rent being $850, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Edinburg is 90 versus 100 in the US so groceries are comparatively cheaper here. Not only can residents enjoy a lower cost of living but also a wide variety of local businesses that are unique to the area. Popular places to shop include Planet X Comics & Games, Crafty Quail Brewing Co., South Texas Malls, and Raquel’s Boutique. There are lots of great restaurants in town such as Los Cantaritos Mexican Restaurant, Gringo's Mexican Kitchen, and Fish Daddy's Grill House; along with plenty of entertainment venues like Cine El Rey Theater and Museum of South Texas History. All these places contribute to Edinburg's culture and offer great options for locals and visitors alike.

Edinburg (zip 78542) has an unemployment rate of 7.7%. The US average is 6.0%.

Edinburg (zip 78542) 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 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Edinburg (zip 78542)
- The Sales Tax Rate for Edinburg (zip 78542) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Edinburg (zip 78542) 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 Edinburg (zip 78542)
- The average income of a Edinburg (zip 78542) resident is $11,283 a year. The US average is $28,555 a year.
- The Median household income of a Edinburg (zip 78542) resident is $49,985 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdinburg, TexasUnited States
  7.76
  -3.6%-6.2%
  41.0%33.5%
  6.3%6.2%
  0.0%4.6%
  $16,593$37,638
  $49,985$69,021
  $50,799$85,028
  Population by Occupation
  2.4%1.2%
  1.9%0.5%
  12.0%6.8%
  4.6%10.0%
  2.0%2.5%
  13.0%11.0%
  4.6%4.8%
  0.2%0.8%
  1.5%1.9%
  1.8%4.7%
  0.6%1.9%
  3.0%7.6%
  0.4%0.1%
  7.1%4.2%
  12.3%9.3%
  14.5%14.0%
  0.6%2.1%
  6.6%7.0%
  4.9%4.8%
  6.1%4.7%
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