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Hidalgo County, TX

RANK #508 / 996  ·  POP 873,167  ·  TX

PROJECTED GROWTH: +0.7%

Hidalgo County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Hidalgo County?

Hidalgo County, Texas, is defined by its position in the Rio Grande Valley, bordering Mexico, which shapes its culture and economy. Edinburg serves as the county seat, while McAllen is the largest city. The county is known for its subtropical climate and extensive outdoor recreation opportunities, including numerous parks and nature centers ideal for birding, biking, and walking. The Hidalgo County Precinct 2 Regional Hike and Bike Trail connects McAllen, Pharr, and Hidalgo, offering miles of paved routes. The community offers a blend of urban and small-town atmospheres, with a strong sense of local identity. Life in Hidalgo County is generally affordable, with many residents owning their homes. The area attracts families, with public schools in the county generally performing above average. The economy is significantly influenced by international trade due to its border location, with several international bridges facilitating commerce. Recent economic developments highlight growth in sectors related to trade, including the movement of mineral fuels, electric machinery, and agricultural products. The county also focuses on promoting infrastructure development in rural areas and workforce development through partnerships with educational institutions like the University of Texas Rio Grande Valley.

[02] Market Snapshot

Housing Ratio
4.1x

Below national median (4.7x)

GDP Growth
+2.6%

Below national median

Home Prices
-0.3%

Prices declining

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
8x

Strong rental yield

Housing is fairly valued at 4.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Hidalgo County U.S. National

The Numbers

DEMOGRAPHICS
Population
873,167
+0.87% YoY
Median Household Income
$49,371
Median Home Value
$112,700
-0.35% 12mo
Median Rent
$875
Average Annual Pay
$42,905
+2.9% YoY
Employment
291,901
+1.6% YoY
Income-to-Home-Value
0.4381
More affordable than average
Migration Inflow
1.27%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$245,000
Days on Market
87
Slower market
Months of Supply
10.4
Buyer's market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
12.8%
Listings w/ Price Drops
19.4%
Building Permits (2024)
7,292
Single-Family Permits
4,336

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,051M
TOTAL
PROJECT AMOUNT STATUS
Val Vista Grid BESS (combined BESS 1 and BESS 2)
Eolian
$420M Planned
Monte Cristo Wind Farm (Phase I)
Terra-Gen
$216M Commissioned
Anemoi Energy Storage Project
Plus Power, LLC (Anemoi Energy)
$190M Under Construction
Gunnar Reliability Project
GridStor
$150M Under Construction
Great Kiskadee Storage (100MW Battery Energy Storage System)
Apex Clean Energy
$75M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.6% 48 percentile
Population Growth +0.9% 67 percentile
Income Growth +10.5% 86 percentile
Vacancy Rate 1.6% 18 percentile
Home Price Change -0.3% 27 percentile
Rent Growth +0.8% 16 percentile
Price/Rent 8x 98 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Hidalgo County, TX a good place to move to?

Hidalgo County has a Boom Town Index score of 49/100, ranking #508 among 996 U.S. counties. With job growth at +1.6% and a median household income of $49,371, it faces some economic headwinds compared to faster-growing counties.

Is Hidalgo County affordable?

The median home value in Hidalgo County is $112,700 with median rent at $875/month. The income-to-home-value ratio is 0.4381, which is more affordable than the national average.

Is Hidalgo County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: +1.6%. Home values changed -0.3% in the past 12 months.

[08] Similar Metros

Greene County, MO 59 Cullman County, AL 59 Rockingham County, NH 59 Dane County, WI 59 Calhoun County, AL 59 Washtenaw County, MI 59 Franklin County, PA 59 Van Zandt County, TX 59