Raising the bar! McAllen's booming retail marketRaising the bar! McAllen's booming retail markethttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=13452015-04-06T07:17:00Z2015-04-05T00:00:00Z

McALLEN - The City of McAllen recorded its highest local sales tax first quarter of this year by collecting more than $17.5 million in retail taxes in January, February and March, according to the Texas Comptroller.

McAllen, the region’s largest city retail market by a commanding margin, is up 2.3 percent over first quarter of last year, and it is the largest year-over-year gain for first quarter in three years.

The next largest sales tax collections by a city in Hidalgo County was Edinburg at $5.12 million for first quarter 2015. In the Rio Grande Valley, Brownsville came in second to McAllen at $9.54 million.

Stores and eateries like Forever 21, HomeGoods, Wallbangers, HEB, Starbucks, Koko’s, Walmart Neighborhood Market and many others have opened their doors recently in McAllen.

Famous brands like Chipotle, Zoe’s Kitchen, Corner Bakery and Nothing Bundt Cakes are also on the way.

Coinciding with McAllen’s record retail reach are some of the lowest unemployment rates in years.

See the Texas Comptroller of Public Accounts for more information.

Online news
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