Hidalgo County
Texas · Pop. 870,781
Ranked #27 of 200 counties
55Moderate
Median Home Price
🏠$180K
3.5% YoY
Median Rent
🔑$950
Median Income
💰$40K
Rent Burden
📊32.0%
% of income to rent
Housing Shortage
🏗️22,000
estimated unit deficit
Building Permits (2024)
📋4,800
Price-to-Income Ratio
⚖️4.5x
Homeownership Rate
🏡62.5%
How Hidalgo County Compares
| Metric | Hidalgo County | Texas | National |
|---|---|---|---|
| Home Price | $180K | $297K | $410K |
| Rent | $950 | $1,413 | $1,500 |
| Income | $40K | $76K | $75K |
| Rent Burden | 32.0% | 32.0% | 30.0% |
| Homeownership | 62.5% | 63.0% | 65.0% |
Key Takeaways
- • Home prices are 56% below the national average.
- • Rent is 37% below the national average.
- • The county has an estimated housing shortage of 22,000 units.
- • 4,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.