Income & Economy in McAllen city, TX (78501)
Median Income
$49,451
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,788
Wealth inflow
Population
59,095
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 2,788 for ZIP 78501 (McAllen city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 78501 (2020–Present)
Since 2020, population declined 2.0%, median income rose 1.6% (inflation-adjusted), home values increased 12.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,451 |
| Unemployment | 5.2% |
| Establishments | 2,164 |
| Employees | 32,569 |