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Weslaco

Learn about the people, housing, costs and businesses in Weslaco, Texas

Median Home$114,375
Median Rent$890/month
Population41,319
Leading IndustriesPublic Administration · Manufacturing · Transportation35% public administration
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners59% of occupied units
NotableAmenity Score74/100 · highly walkable area
Weslaco
TX

Frequently Asked Questions

What are today's mortgage rates in Weslaco?

As of today, the 30-year fixed mortgage rate for Weslaco is approximately 7.065% (7.107% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Weslaco?

The median home value in Weslaco is $114k. The median monthly rent is $890. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Weslaco?

Home values in Weslaco have increased 15.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Weslaco?

Based on a typical all-in ownership cost of $836/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Weslaco is $55k/year.

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What industries drive the economy in Weslaco?

The largest employment sectors in Weslaco are public administration (35%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.