HousingHandbookReference data

U.S. ZIP Code · TX78562

Hidalgo County · McAllen-Edinburg-Mission, TX

Typical home value

$105,018[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.9%
5-year / yr
+6.0%
10-year / yr
+7.1%

Relative price

vs U.S.
-63.0%
vs metro
-38.2%
vs state
-59.9%
ZIP 78562 location in TX
Location of ZIP 78562 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 78562 is worth $105,018 — 38.2% below the McAllen-Edinburg-Mission, TX median. Over the past year, values have fallen 2.9%. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$1,713[3]

#Climate risk

FEMA National Risk Index ratings for Hidalgo County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively High
Heat wave
Relatively High
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
3,211[3]
Median household income
$31,522[3]

#Migration

Household moves in and out of Hidalgo County over a year, from IRS tax-return data.

Net migration
-898[5]
Moved in
8,132
Moved out
9,030

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • JOSE BERNABE MUNOZ EL

    Elementary · Grades PK–5 · LA VILLA ISD

    255 students

  • LA VILLA EARLY COLLEGE H S

    High · Grades 9–12 · LA VILLA ISD

    175 students

  • LA VILLA MIDDLE

    Middle · Grades 6–8 · LA VILLA ISD

    108 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$531
Loan principal$84,014
Down payment$21,004
Total interest paid$107,156

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$761
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
29th percentile[1]
Rental yield
[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 78562?
The typical home in 78562 is worth $105,018, based on the Zillow Home Value Index.
Are home values rising in 78562?
Home values in 78562 are down 2.9% over the past year, and up 6.0% a year over five years.
What is the property tax rate in 78562?
The effective property tax rate in 78562 is 1.6% — roughly $1,713 a year on a typical home.
Who lives in 78562?
ZIP code 78562 has a population of 3,211 and a median household income of $31,522.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Harding Gill Tract CDP, TX

    Typical home
    $97,873
    Gross yield
  • La Blanca CDP, TX

    Typical home
    $127,362
    Gross yield
  • Sullivan City, TX

    Typical home
    $128,875
    Gross yield
  • Progreso, TX

    Typical home
    $130,984
    Gross yield
  • Mercedes, TX

    Typical home
    $141,382
    Gross yield
    7.9%
  • Monte Alto CDP, TX

    Typical home
    $151,436
    Gross yield

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