Olivarez, Texas.
Typical home $186,296 (+1.6% in a year). McAllen-Edinburg-Mission, TX metro.
to buy the typical home at today's mortgage rate — +$602 (+160%) since Jan 2020.
- 1 year
- Up $2,945 +2%
- $183,351$186,296 since Sep 2025
- 5 years
- Up $53,823 +41%
- $132,473$186,296 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Olivarez$978
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Olivarez, TX rose 1.6% over the past year — faster than the nation's +1.2%.
Living in Olivarez, Hidalgo County, Texas
Olivarez, in Hidalgo County, had 4,248 people in the 2020 census. 92% of its homes are lived in by their owners and 8% are rented. Unemployment in Hidalgo County was 6.3% in August 2026, and the county had 1.6% more jobs in 2025 than the year before. The most people in Hidalgo County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Olivarez is a small community in Hidalgo County, in the Rio Grande Valley of South Texas. Nearly all homes are lived in by their owners, a much higher share than is usual, and typical home values are modest. Few adults hold a four-year degree, and household incomes sit below the county's.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, the building trades, and professional and business services. Across Hidalgo County, some of the largest workplaces are school districts such as Pharr-San Juan-Alamo ISD and Edinburg CISD, along with The University of Texas Rio Grande Valley. The typical commute is a moderate one, and some residents work from home.
Things to do. Nature is the draw close to town. Estero Llano Grande State Park and the Lower Rio Grande Valley National Wildlife Refuge, both protected areas, are a short drive away, as is the Arroyo Colorado, a river. The Museum of South Texas History is a longer drive away. Winters are mild and summers are hot, with August the warmest month, and rain is fairly light through the year.
Report a mistake
- 1,163households
- 10%of adults have a degree
- 25 mintypical commute
- 10%work from home
What people in Hidalgo County work in
Employed residents by industry, from the Census survey. Hidalgo County had 296,499 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 71° and lows near 50°; warmest in August, with highs near 97° and lows near 76°. About 26 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Weslaco weather station, 4 miles away (NOAA).
Largest workplaces in Hidalgo County
- Idea Public SchoolsSchool district8,946FTE
- Edinburg CisdSchool district4,877FTE
- Pharr-san Juan-alamo ISDSchool district4,635FTE
- The University of Texas Rio Grande ValleyUniversity or college4,454
- Doctors Hospital at RenaissanceGeneral hospital4,426FTE
- La Joya ISDSchool district3,870FTE
- Mcallen ISDSchool district3,426FTE
- South Texas Health SystemGeneral hospital2,703FTE
School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- HurricanesRelatively high
- HailRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Olivarez’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hidalgo County and the McAllen-Edinburg-Mission, TX metro.
Olivarez home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Olivarez$186,296
- Texas$296,424
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Olivarez12
Zip codes with a Olivarez address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Olivarez — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.