Quick facts: Harlingen, TX

Quick Facts

85.0
Cost of Living
below US average
71,678
Population
31.63
Crime Rate per 1000
above US average
$50,367
Median Income
below US average
$225,000
Median House Price
above US average
$1159.28
Average Rent
below US average
18%
Poverty Rate
above US average
5.9%
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 $50,367.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $50,367
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Income Needed to Rent

βœ“ Affordable
$50k/year
Based on $1159.28/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($50,367) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Harlingen, TX

Harlingen, located in the southern part of Texas, is a vibrant city within the Rio Grande Valley. Known for its rich cultural heritage and friendly community, Harlingen offers a warm climate and a variety of recreational activities. The city is home to beautiful parks, such as Pendleton Park, which features walking trails, sports facilities, and picnic areas. Harlingen has a diverse economy, with a strong emphasis on healthcare, education, and retail. It boasts a regional airport, making it a convenient gateway to other destinations. The local economy benefits from its proximity to Mexico, fostering cross-border trade and cultural exchange. The city is known for various annual events and festivals, including the Harlingen Livestock Show and Rodeo, celebrating the region's agricultural roots. Additionally, Harlingen is a growing hub for birdwatching enthusiasts, with the nearby Laguna Atascosa National Wildlife Refuge attracting visitors to its diverse wildlife. With a rich tapestry of cultural influence, friendly residents, and a blend of urban and rural charm, Harlingen is an enticing destination in Texas.

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