Mcallen is a city in Texas state in USA with a population of 142557 residents.. The poverty rate of Mcallen is 22%, which is 57% higher than national average. The typical household in Mcallen earns $49259 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 50.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Mcallen, only 76% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mcallen remained 5.7%, which is 21% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Mcallen, only 31% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Mcallen is 79, which is 21% lower than national average. Median home value in Mcallen is $131500 , which is 43% lower than national average. While median income in Mcallen remained $49259, which is 27% lower than national average.