Pharr, Texas Income Statistics
Pharr Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Pharr Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pharr | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,858 | $78,939 | $80,455 |
| Median Personal Income | $39,728 | $56,913 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 4.5% | 13.0% | 13.9% |
| $200k+ Households | 4.6% | 12.5% | 13.2% |
The median household income in Pharr is about 32% lower than in Texas. Income has been growing slower in Pharr (4.4%/yr) than in Texas (4.6%/yr).
About 4% of adults in Pharr earn six figures ($100,000 or more) a year, lower than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Pharr, Texas grew by 86.4% from 2009 to 2024, reaching $53,858 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Pharr
| Metric | Pharr | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.602 | 0.570 | 0.552 |
| Male Median Income | $44,787 | $66,147 | $69,667 |
| Female Median Income | $34,430 | $53,058 | $56,850 |
| Gender Pay Gap | 23.1% | 19.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Pharr, it is 0.602, higher than Texas's 0.570, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 30% more than women's income in Pharr, Texas. Over a 35-year career, a 30% wage gap accumulates to roughly $362,495 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Pharr, Texas has stayed about the same since 2009, at around 23%. Over that period the gap was widest at 30% in 2021, and was narrowest at 7% in 2013. In dollar terms, the gap has widened by $4,010 since 2009.
Employment
| Metric | Pharr | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 5.2% | 5.2% |
| Working from Home | 6.5% | 14.4% | 15.0% |
| Commute time (minutes) | 20 | 22 | 22 |
Approximately 2,206 people are unemployed in Pharr, Texas.
The average commute time in Pharr is 20 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pharr, Texas has fallen from 11.7% to 6.9% in 2024. Over that period the rate peaked at 12.1% in 2012 and fell as low as 5.4% in 2020.
Pharr, TX Wealth Compared With Nearby Cities
How Pharr, TX compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Pharr, TX | 72,563 | $53,858 #2/3 | 4.4%/yr #2/3 | 6.9% #2/3 | 0.602 #2/3 |
| San Juan, TX | 34,977 | $53,289 | 6.0%/yr | 7.1% | 0.580 |
| McAllen, TX | 146,716 | $61,369 | 4.1%/yr | 6.0% | 0.606 |
Conclusion
Considering all these factors, Pharr, Texas has an overall wealth index grade of D, making it somewhat worse than Texas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pharr, Texas.
How Rich Is Pharr, Texas?
Pharr has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $53,858, about 32% lower than the Texas average of $78,939.
Are incomes growing in Pharr, Texas?
Between 2009 and 2024, the median household income in Pharr, Texas rose 86%, from $28,899 to $53,858. Over the same years, income here outpaced Texas as a whole: +86% against +64%.
What was the median household income in Pharr in 2023?
In 2023, the median household income in Pharr, Texas was $50,057, up 11% from $44,940 in 2022. The Texas median that year was $76,528.
What was the median household income in Pharr in 2020?
In 2020, the median household income in Pharr, Texas was $41,505. By 2024 it had risen 30% to $53,858.
How strong is the job market in Pharr, Texas?
Unemployment in Pharr, Texas is 6.9%, well above the Texas rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Pharr, Texas?
The Gini coefficient in Pharr is 0.602. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Pharr, Texas?
The income gap between men and women in Pharr, Texas has stayed about the same since 2009, at around 23%. Over that period the gap was widest at 30% in 2021, and was narrowest at 7% in 2013. In dollar terms, the gap has widened by $4,010 since 2009.
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