Quick facts: Donna, TX

Quick Facts

99.5
Cost of Living
below US average
16,774
Population
38.15
Crime Rate per 1000
above US average
$34,049
Median Income
below US average
$195,000
Median House Price
above US average
$933.4
Average Rent
below US average
20%
Poverty Rate
above US average
5.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $34,049.

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Income Needed to Buy

βœ— Stretch
$61k/year
Based on $195,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $61k vs median $34,049
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Income Needed to Rent

⚠ Stretch
$40k/year
Based on $933.4/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $40k vs median $34,049
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Donna, TX

Donna is a vibrant city located in Hidalgo County in the southern part of Texas, near the Mexican border. With a population of approximately 16,000 residents, Donna is known for its rich cultural heritage and close-knit community. The city is part of the larger McAllen-Edinburg-Mission metropolitan area, which contributes to its economic and social dynamism. Donna is renowned for its agriculture, particularly its citrus production, and hosts various annual festivals, celebrating local culture and traditions. The city's warm climate makes it a popular destination for winter visitors seeking sunny weather. Residents enjoy a range of recreational activities, including parks and community events. Additionally, Donna is strategically located near major highways, providing easy access to nearby cities and attractions. The education system in Donna is served by the Donna Independent School District, offering several educational options for families. Overall, Donna embodies a blend of cultural richness, economic opportunity, and community spirit, making it a unique place to live or visit in the Rio Grande Valley.

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