Zip 78577 (Pharr, TX) Economy


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Pharr is a city in Texas located in Hidalgo County with a population of 79,577. The 2 bedroom rent in the area is $920 which is lower than the US National average of $1,430. This makes it an attractive destination for people looking to save on their rent expenses while living comfortably. Other than rental costs, grocery cost index in Pharr is 90 versus 100 in the US which further adds to the appeal of this city.
Living and working in Pharr means being part of a vibrant community with plenty to do and enjoy. There are local companies such as Walmart Distribution Center and La Joya ISD that offer employment opportunities here. For entertainment there are various events such as Annual Pharr International Festival that celebrate the Mexican-American culture and bring people together from all walks of life. The school district also offers several public schools including Liberty Elementary School and Travis Middle School along with private schools like St Theresa Catholic School to provide education for children of all ages.

Pharr (zip 78577) has an unemployment rate of 11.4%. The US average is 6.0%.

Pharr (zip 78577) 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 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Pharr (zip 78577)
- The Sales Tax Rate for Pharr (zip 78577) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Pharr (zip 78577) 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 (zip 78577)
- The average income of a Pharr (zip 78577) resident is $13,568 a year. The US average is $28,555 a year.
- The Median household income of a Pharr (zip 78577) resident is $39,490 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPharr, TexasUnited States
  11.46
  -3.6%-6.2%
  31.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $17,127$37,638
  $39,490$69,021
  $44,867$85,028
  Population by Occupation
  1.3%1.2%
  2.1%0.5%
  8.4%6.8%
  6.1%10.0%
  3.6%2.5%
  12.3%11.0%
  3.9%4.8%
  0.9%0.8%
  1.6%1.9%
  2.9%4.7%
  1.5%1.9%
  3.8%7.6%
  0.1%0.1%
  4.9%4.2%
  9.1%9.3%
  15.0%14.0%
  1.7%2.1%
  9.2%7.0%
  7.0%4.8%
  4.4%4.7%
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