Zip 78550 (Harlingen, TX) Economy


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The city of Harlingen, Texas (78550) has a lower cost of living than the United States overall. The average two bedroom rent in Harlingen is $890, which is significantly lower than the US average of $1,430. Grocery costs are also lower in Harlingen with an index rating of 90 as opposed to 100 in the US. This makes it much easier for locals to stretch their dollar further on everyday necessities. There are many companies that residents can take advantage of for good deals on things they need. For example, Walmart and Sam’s Club offer competitive prices on groceries and other household items. Another local store, Big Lots, offers discounts on furniture and home decor items. Finally, Lowe’s Home Improvement is a great place to find all kinds of tools and supplies you need for your next project at a great price.

Harlingen (zip 78550) has an unemployment rate of 9.0%. The US average is 6.0%.

Harlingen (zip 78550) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Harlingen (zip 78550)
- The Sales Tax Rate for Harlingen (zip 78550) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Harlingen (zip 78550) 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 Harlingen (zip 78550)
- The average income of a Harlingen (zip 78550) resident is $16,685 a year. The US average is $28,555 a year.
- The Median household income of a Harlingen (zip 78550) resident is $41,961 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarlingen, TexasUnited States
  96
  -3.6%-6.2%
  27.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $20,770$37,638
  $41,961$69,021
  $50,354$85,028
  Population by Occupation
  0.6%1.2%
  0.3%0.5%
  6.3%6.8%
  5.2%10.0%
  1.4%2.5%
  12.9%11.0%
  4.3%4.8%
  1.4%0.8%
  1.7%1.9%
  3.3%4.7%
  1.6%1.9%
  3.9%7.6%
  0.1%0.1%
  5.9%4.2%
  10.3%9.3%
  19.8%14.0%
  0.8%2.1%
  9.6%7.0%
  5.4%4.8%
  5.3%4.7%
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