Pharr is a city in Texas state in USA with a population of 78689 residents.. The poverty rate of Pharr is 28.3%, which is 102% higher than national average. The typical household in Pharr earns $40513 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.6% 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 Pharr, only 68% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Pharr remained 5.1%, which is 9% 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 Pharr, only 17% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Pharr is 75, which is 25% lower than national average. Median home value in Pharr is $81600 , which is 64% lower than national average. While median income in Pharr remained $40513, which is 40% lower than national average.