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McAllen, Texas: Invest in a Thriving International Hub

Back your next venture with McAllen's strategic advantages, economic resilience, supportive infrastructure, and welcoming community spirit.

McAllen is fertile ground for new and established businesses alike with access to international markets, a skilled young workforce, and a fast-growing population in the heart of Texas' Rio Grande Valley.

Economic Powerhouse

Record Breaking
$93.7M
in Sales Tax
Revenue-State of Texas
Comptroller's Office

921 residential
construction permits with $172 in Construction Value

1,150 commercial
construction permits with $196 in Construction Value

3rd Place
In total sales per
capita for Texas Cities
with over 100,000
residents.

4,000+
Hotel Rooms

with $100M+ in yearly
Hotel Revenue for two consecutive years.

Destination City

2nd IFEA World
Festival and Event
City Award

for portfolio of more 800
destination
events generating
more than 100 million dollars of
economic impact.

South Pole Illuminated Festival -McAllen Holiday Parade celebrated 10 years of magic attracting 267,000 attendees in 2023. Our parade is the largest illuminated holiday and helium balloon parade in Texas and the 6-time best parade in the world.

MXLAN is the 3-day art music festival celebrating young Latino culture. See artists create and catch rising artists on the Pepsi Music Stage. Eat and drink at culinary events, shop an artisan mercado, walk in street parades, and more. In 2024, the City also hosted the MXLAN International Economic Summit and Trade Missions that gathered business leaders, international trade delegates, and top international advisors.

Location, Location, Location

McAllen is a crucial trade and commerce hub on the U.S.-Mexico border, intersecting major transport routes like Interstate 2 and U.S. Route 83.

McAllen is home to two of the busiest international bridges in North America: the newly upgraded Anzalduas International Bridge and McAllen-Hidalgo International Bridge.

McAllen Convention Center

Retail Dominance

McAllen's booming retail scene attracts shoppers from both sides of the border, ranking 3rd in total sales tax revenue per capita for Texas cities over 100,000 population.

McAllen's La Plaza Mall is one of Texas' largest shopping centers and draws millions of guests each year from Texas, Mexico, and beyond.

La Plaza Mall

La Plaza Mall

Strong Economic Foundation

McAllen's resilient economy supports sectors as diverse as manufacturing, healthcare, retail, and logistics.

McAllen's labor market remains strong with consistently low unemployment yet provides a young skilled workforce for growing businesses.

McAllen's low cost of living, business-friendly tax policies, and recognized destination city status make it the right choice for entrepreneurs seeking to maximize return on their investment .

10 Largest Employers in McAllen, Texas

Employers in McAllen, Texas, contribute to the city's economic prosperity, cultural richness, and community well-being by providing diverse employment opportunities and fostering growth and development in various sectors.

Education

McAllen Independent School District

South Texas College

3,370 Employees

2,162 Employees

Government

City of McAllen

2,614 Employees

Finance

BBVA Compass Bank

IBC Bank

1,550 Employees

1,200 Employees

Retail

Walmart/Sam's

HEB

1,200 Employees

1,000 Employees

Manufacturing

Ge Aviation

1,000 Employees

Healthcare

McAllen Medical Center

Rio Grande Regional Hospital

1,150 Employees

1,110 Employees

Quinta Mazatlan World Birding Center

Housing & Living

The median property value in McAllen, TX was $138,200 in 2021, which is more affordable than the national average of $254,500. Between 2020 and 2021 the median property value increased from $131,500 to $138,200, a 5.1% increase. The homeownership rate in McAllen, TX is 59%, which is approximately the same as the national average of 64.6%.

People in McAllen have an average commute time of 22 minutes. Retailers will always be a short distance from customers.

McAllen Economic Development Corporation

McAllen Economic Development Corporation

McAllen Chamber of Commerce

McAllen Chamber of Commerce

Visit McAllen

Visit McAllen

Explore McAllen

Explore McAllen

MCALLEN MEANS BUSINESS

Address

P.O. Box 220

1300 Houston Ave

McAllen, Texas 78501

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