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Mercedes, TX

Full City Profile · Texas · Cameron County County

2.7 /5.0
C+ Fair
16,449 Population 1,394/sq mi density
$41,753 Median Income $18,376 per capita
$107,700 Home Value $140,307 Zillow
$676 Median Rent 38.1% income on rent
75°F Avg Temperature 312 sunny days/yr
397 Violent Crime/100K 3,951 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$41,753 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$107,700 home value, $676/mo rent
F
Safety
1.0 / 5.0
397 violent crimes/100K (4% above avg)
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher

Housing Overview

Median Home Value
$107,700
62% below
US avg: $281,900
Median Rent
$676/mo
42% below
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
6,135
Median year built: 1987

Home Value by Source

Census Median
$107,700
Zillow (ZHVI)
$140,307
Median Sale Price
$229,000
Median List Price
$166,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.4%
Owner-Occupied
35.6%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $676/mo

Market Indicators (Redfin)

Median Days on Market
119 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
18.1%
of listings with price reduction
Price Per Sq Ft
$163
Active Inventory
72
homes for sale

Affordability & Housing Stock

Rent Burden
38.1%
of renters spending 30%+ of income on housing
23% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
64.4%

Complete Housing Data

Home Values

Census Median Value$107,700
Zillow Home Value (ZHVI)$140,307
Median Sale Price$229,000
Median List Price$166,200
Price Per Sq Ft$163

Rent

Census Median Rent$676
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market119
Sale-to-List Ratio1.0%
Price Drops18.1%
Homes Sold3
Active Inventory72
Price Per Sq Ft$163

Ownership & Stock

Owner-Occupied64.4%
Renter-Occupied35.6%
Homeownership Rate64.4%
Total Housing Units6,135
Median Year Built1987
Rent Burden38.1%