Cost of Living in McAllen, TX
Population: 143,789 • 2026 Data
$60,165
Median Household Income
-22% vs national
$1,017
Median Monthly Rent
-25% vs national
$173,800
Median Home Value
-49% vs national
5.5%
Unemployment Rate
Housing in McAllen
The median home value in McAllen, TX is $173,800. Monthly rent for a typical unit averages $1,017, while total monthly housing costs (including utilities and insurance) average $996.
Rent-to-income ratio: 20.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in McAllen, TX is $60,165. The unemployment rate stands at 5.5%, with a labor force of 67,352 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.