24 / 100

Hidalgo County, TX

RANK #749 / 1001 NAT  ·  #43 / 72 TX  ·  POP 891,977

1YR FORECAST: -0.7%

5YR OUTLOOK: +24%

#42 Best Rental Yield
Our model projects Hidalgo County's housing market at -0.7% over the next year, underperforming most U.S. counties.

[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.

MARKET PROFILE

Idiosyncratic Markets

Hidalgo County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.5% YoY, population +1.3%, wages +2.5%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.7x

Overvalued relative to economy

Home Prices
+0.5%

Well below national median

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks overvalued at 9.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    School Districts of Hidalgo County Education
    10,000+
  2. 2
    DHR Health Healthcare
    5,000+
  3. 3
    University of Texas Rio Grande Valley (UTRGV) Education
  4. 4
    U.S. Customs & Border Patrol Government
    2,500+
  5. 5
    Hidalgo County Government Government
  6. 6
    South Texas Health System Healthcare
  7. 7
    City of McAllen Government
  8. 8
    H-E-B Retail
    1,000+
  9. 9
    South Texas College Education
  10. 10
    Walmart Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hidalgo County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
891,977
+1.26% YoY
Median Household Income
$54,338
Median Home Value
$140,900
+0.52% 12mo
Median Rent
$957
Average Annual Pay
$43,962
+2.5% YoY
Employment
296,313
+1.5% YoY
Income-to-Home-Value
0.3856
More affordable than average
Migration Inflow
1.1%
of pop. from another state
Bachelor's Degree+
20.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$257,750
Days on Market
100
Slower market
Months of Supply
9.1
Buyer's market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
17.4%
Listings w/ Price Drops
18.1%
Building Permits (2025)
7,301
Single-Family Permits
4,523

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.6
per 100K · nat avg 6.3
Firearm Fatalities
5.9
per 100K · nat avg 14.8
Injury Deaths
32.7
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
48.3
Good
Good Air Days
53%
572 of 1,085 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
52
2022
49
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth +1.3% 73 percentile
Income Growth +3.9% 78 percentile
Vacancy Rate 1.4% 22 percentile
Home Price Change +0.5% 33 percentile
Rent Growth +0.9% 19 percentile
Price/Rent 10x 96 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

At 24/100, Hidalgo County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $54,338 combined with job growth of +1.5% suggests the local economy is struggling to keep pace with national trends.

Is Hidalgo County affordable?

By national standards, Hidalgo County is quite affordable. Homes here have a median value of $140,900, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $957/month. Residents can generally buy a home without being cost-burdened.

Is Hidalgo County growing or shrinking?

Hidalgo County is growing on multiple fronts. Population is up +1.3% year-over-year while employers added jobs at a +1.5% clip. Home values shifted +0.5% in the past year.

Are many people relocating to Hidalgo County?

Not particularly — 1.1% of Hidalgo County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

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