Income & Economy in McAllen city, TX (78504)
Median Income
$77,627
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,916
Wealth inflow
Population
61,816
Unemployment
6.4%
2.7pp above US avg
IRS migration statistics show a net inflow of about 2,916 for ZIP 78504 (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 78504 (2020–Present)
Since 2020, population grew 1.0%, median income rose 4.7% (inflation-adjusted), home values increased 14.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,627 |
| Unemployment | 6.4% |
| Establishments | 1,600 |
| Employees | 22,324 |