Mission, TX
Hidalgo County · Pop. 84,872
Ranked #17 of 243 cities
58Moderate
Median Home Price
🏠$150K
3.0% YoY
Median Rent
🔑$900
2.0% YoY
Median Income
💰$35K
Rent Burden
📊32.5%
% of income to rent
Income to Buy
🏦$43K
annual income needed
Income to Rent
📝$36K
annual income needed
Price-to-Income
⚖️4.3x
Homeownership
🏡60.0%
Rent vs. Buy
Buy
$798/mo
Est. mortgage (7%, 20% down)
Need $43K/yr income
Rent
$900/mo
Median rent
Need $36K/yr income
How Mission Compares
| Metric | Mission | Texas | National |
|---|---|---|---|
| Home Price | $150K | $297K | $410K |
| Rent | $900 | $1,413 | $1,500 |
| Income | $35K | $76K | $75K |
| Rent Burden | 32.5% | 32.0% | 30.0% |
Key Takeaways
- • Home prices in Mission are 63% lower than the national average.
- • Rent is 40% lower than the national average.
- • You need an income of $43K to comfortably buy a home here.
- • The homeownership rate is 60.0%, compared to 65.0% nationally.