Mc Allen (78501) in Texas Real Estate, Demographics, Mortgage and Jobs

USA	Texas	Mc Allen Texas

Mc Allen, TX 78501

Mc Allen (78501) has an estimated 61,219 residents with 60,379 of those people in approximately 20,235 housing units. The 78501 zipcode contains 5,640 housing units that are owned with a mortgage or a loan, 5,202 housing units that are owned free and clear and 9,393 housing units that are renter occupied.

In Mc Allen (78501) the median listing price of $188,500 has grown by $3,550 since 2018-10.

In 2018 the average percentage drop was 4.06% of original listing price.

Zip code 78501 is in the McAllen-Edinburg-Mission metropolitan area.
The median estimated home value in McAllen, TX (78501) is $115,700 as of 2018-10-31

The Zillow Market Health Index for Mc Allen, TX (78501) is 4.32. The corresponding state value is 9.22. This is significantly lower than the overall Market Health Index of Texas.
Metro value is 5.40.
This is lower than the overall Market Health Index of McAllen-Edinburg-Mission.

Demographics of Mcallen zipcode 78501
The median age here is 33.00. This age is 86.8% the national median age.
This population is younger than the national average.
The number of male residents is 29,029 with a median age of 30.90 years. The number of female residents is 32,190 with a median age of 34.80 years. This yields a ♂ to ♀ ratio of 0.90
The average household is 2.98 persons and has an income of $43,679.
The average family size in Mc Allen is 3.52.
Area Code: 956
Time zone: Central USA
Region: South - West South Central
Has Daylight Saving: Yes
Businesses: 2,091
Employment: 31,076
Medicare Area: McAllen-Edinburg-Mission, TX
County: HIDALGO

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