How much is a home worth in ZIP code 78596?

The typical home in 78596 is worth $167,397, based on the Zillow Home Value Index.

Are home values rising in 78596?

Home values in 78596 are down 0.2% over the past year, and up 6.5% a year over five years.

What is the typical rent in 78596?

A typical home in 78596 rents for about $1,063 a month, a gross rental yield of 7.6%.

What is the property tax rate in 78596?

The effective property tax rate in 78596 is 1.7% — roughly $2,884 a year on a typical home.

ZIP code 78596 has a population of 39,518 and a median household income of $58,411.

HousingHandbookReference data

…

U.S. ZIP Code · TX78596

Hidalgo County · McAllen-Edinburg-Mission, TX

Typical home value

$167,397^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +6.5%
10-year / yr: +7.0%

Relative price

vs U.S.: -41.1%
vs metro: -1.4%
vs state: -36.0%

Price history

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

The typical home in 78596 is worth $167,397 — 1.4% below the McAllen-Edinburg-Mission, TX median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,063 a month — a 7.6% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

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

Monthly rent: $1,063^[2]
Gross yield: 7.6%^[2]
Cap rate: 4.6%^[2]

#Property tax

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

Effective tax rate: 1.7%^[3]
Typical annual tax: $2,884^[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: 39,518^[3]
Median household income: $58,411^[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: 22
Elementary: 12
Middle: 4
High: 4

WESLACO H S
High · Grades 9–12 · WESLACO ISD
2,707 students
WESLACO EAST H S
High · Grades 9–12 · WESLACO ISD
2,122 students
MEMORIAL EL
Elementary · Grades PK–5 · WESLACO ISD
1,118 students
CENTRAL MIDDLE
Middle · Grades 6–8 · WESLACO ISD
1,085 students
DR R E MARGO EL
Elementary · Grades PK–5 · WESLACO ISD
1,058 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.

Home value$Monthly rent$

Gross yield7.6%

Net yield (after ~40% expenses)4.6%

Annual rent$12,758

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$846

Loan principal$133,918

Down payment$33,479

Total interest paid$170,805

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.15

Monthly cost to own$1,226

Monthly rent$1,063

Renting is meaningfully cheaper month-to-month.

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: 50th percentile^[1]
Rental yield: 60th percentile^[2]
Property tax: 64th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 78596?: The typical home in 78596 is worth $167,397, based on the Zillow Home Value Index.
Are home values rising in 78596?: Home values in 78596 are down 0.2% over the past year, and up 6.5% a year over five years.
What is the typical rent in 78596?: A typical home in 78596 rents for about $1,063 a month, a gross rental yield of 7.6%.
What is the property tax rate in 78596?: The effective property tax rate in 78596 is 1.7% — roughly $2,884 a year on a typical home.
Who lives in 78596?: ZIP code 78596 has a population of 39,518 and a median household income of $58,411.

#Comparable ZIPs

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

78576 vs 78596 →
Penitas, TX
Typical home
$167,365
Gross yield
—
78516 vs 78596 →
Alamo, TX
Typical home
$169,810
Gross yield
8.9%
78577
Pharr, TX
Typical home
$163,981
Gross yield
8.5%
78560
La Joya, TX
Typical home
$158,678
Gross yield
6.7%
78503
McAllen, TX
Typical home
$181,298
Gross yield
8.9%
78537
Donna, TX
Typical home
$152,943
Gross yield
6.7%

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#Jump to section

U.S. ZIP Code · TX78596

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