US5.com
  1. Home
  2. States
  3. Texas
  4. ZIP 78550
  5. Housing & Real Estate
Harlingen city, TX

ZIP 78550 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 78550

Median Home Value
$120,500
Median Rent
$698
Affordability Snapshot
$33,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$774/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 78550 in Harlingen city, TX, a household would need roughly $33,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $774. That sits below the local median household income ($51,524), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
52.7%-19% vs US avg
x
Vacancy Rate
12.1%+18% vs US avg
x
Broadband Access
75.9%-13% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
62.0%+62% vs US avg
x
$120,500
Home Value
$698
Rent
1984
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.9%
  • 1-unit attached2.7%
  • 2-9 units22.4%
  • 10+ units10.8%
  • Mobile home & other6.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$120,500
Median rent$698
Owner-occupied52.7%
Vacant12.1%
Price-to-income2.3x
Est. income to buy$33,000