Interested in purchasing investment houses in the 78570 zip code in Mercedes, TX?
The zip code 78570 is in Hidalgo county with a latitude of -97.910910000000 and longitude of 26.174800000000, is in the state of Texas. The average asking price of houses and condos is $415,813.00 and the average sale price was $10,000.00. this regions is classified as the Brownsville metro area. The location in degrees is 26° 10' 29.28" N, 97° 54' 39.276" W. The county F.I.P.S. is 48215. This zip code contains eight cities including Mercedes, TX (15.06%), Indian Hills, TX (3.36%), Heidelberg, TX (3.35%), Mila Doce, TX (3.02%), Laguna Seca, TX (2.45%), Relampago, TX (2.04%), Olivarez, TX (0.23%), and Weslaco, TX (0.15%) The total land area is 74.6 square miles and the water area is 0.9 square miles. The elevation in this area is 52 - 69 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78570 is in county number 215 and is L. Sector 00, L. Segment 01, H. Sector 40, and H. Segment 40. The population was 34,319 in 2019 and 32,525 in 2010. Of this, the break down in 2019 was 29,966 urban and 4,352 rural. This further breaks down to 17,174 males (50.0%) and 17,144 females (50.0%). The median age of residents is 28.2 years. The population of the greater McAllen-Edinburg-Mission, TX area is 764,406. The population density (people per square mile) is 460. This zip code has a combined total of 10,960 houses and condos. There are 2,534 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $26,735 and the average salary is $24,403. The median household income of individuals is $25,198.00 and the average is $30,760.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 81.30% (Under $50,000), 15.30% ($50,000-$100,000), and 3.40% earn over $100,000. 32.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 80.3. The educational breakdown is 60.3% have a high school education or higher, 10.9% have a bachelor's degree or higher, and 3.8% have some kind of profesional degree.
This area has 8,628 households and the average size is 3.8 people. Individuals who are single and have never been married are 36.0%, 49.1% are now married, 3.6% are separated, 4.9% are widowed, and 6.4% are divorced. The average yearly contribution amount given by people to charity was $3,568 versus the state average of $6,808. The percent of residents who gave to charity was 6.1%.
The estimated median value of houses and condos is $70,989. The median monthly owner costs of mortgage holders was $1,028, where as the costs for those who don't have a mortgage are $334. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $1,099. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 2.1% which amounted to an average tax amount of $1,969. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $914. Reported taxable interest for persons was $1,200, dividends $3,246, capital gains +$2,177, and itemized deductions $19,378. The average earned income tax credit is $3,318. The percent of individuals that use a tax preparer is 61.4%. The total average income taxes paid by individuals was $3,994. Businesses reported an average profit of $8,359.
Tulum Seafood
7013 E Expressway 83, Mercedes, TX 78570
Villa Fresh Italian Kitchen
5001 E Expressway 83 Ste 350A, Mercedes, TX 78570
Asian Chao
5001 E Expressway 83, Mercedes, TX 78570
The Smoking Oak
546 Hidalgo St, Mercedes, TX 78570
Annacuitas BBQ Smoke House
544 N Texas Ave, Mercedes, TX 78570
Charleys Philly Steaks
5001 E Expressway 83, Mercedes, TX 78570
Wing Street
826 W 2nd St, Mercedes, TX 78570
Dq
920 W 2nd St, Mercedes, TX 78570
Los Comales Restaurant
151 N Texas Ave, Mercedes, TX 78570
Stars Restaurant
510 S Texas Ave, Mercedes, TX 78570
Don Beto's Restaurant
735 W 2nd St, Mercedes, TX 78570
Juanitos Restaurant
331 N Texas Ave, Mercedes, TX 78570
Pyc Restaurant
7720 N Fm 1015, Mercedes, TX 78570
Taqueria De Jalisco
5914 N Fm 1015, Mercedes, TX 78570
El Fenix Cafe
126 N Texas Ave, Mercedes, TX 78570
El Rinco Del Sazon
3712 N International Blvd, Mercedes, TX 78570
Laredo Taco Company
602 N. Second Street, Mercedes, TX 78570
Laredo Taco Company
3939 E Expressway 83, Mercedes, TX 78570
Alice Cafe Gorditas Y Tacos
246 S Texas Ave, Mercedes, TX 78570
Alicia's Restaurant
1402 W 2nd St, Mercedes, TX 78570