Zip Code
78503
City
McAllen, TX
Population & Migration
What is the forecasted population for Zip code 78503 McAllen, TX?
- Population census 2020
- 20,703
- Forecasted population 2025
- 23,872
- 15.3% vs. 2020
- Forecasted population 2030
- 24,569
- 18.7% vs. 2020
Zip code 78503 McAllen, TX population is forecasted to grow 15.3% by 2025 (10.6 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 23,872 people for 2025 zip code 78503 McAllen, TX will generate a good demand for housing, which is expected to have a deficit of 1,388 houses for 2030. Vacancy rate is 3.0 points above national US average.
- Total homes available 2020
- 7,435
- Estimated total home demand in 2030
- 8,823
- Total homes balance inventory
- 1,388
Average Household Income in zip code 78503 McAllen, TX
from Internal Revenue Service
- Average household income in 2021
- $60,655
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 78503 McAllen, TX?
County total number of drinking water violations
417
+71%
244
County total number of drinking water contaminations
33
+38%
24
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