Cost of Living,
El Paso's Real Estate Market
El Paso Metro Area
Profile: Mid-sized city
Location: Extreme west Texas on the Rio Grande at the Mexico–New Mexico border
Time zone: Mountain Standard Time
|Cost of living||Isolation|
|Dry climate||Violent crime|
|Mild winters||Low educational attainment|
El Paso is a unique American city rather like an island in the sea. Self-sufficient and surprisingly large, the city has a modern downtown, with a commercial district and low skyscrapers, and development spreading mostly to the north and east. Because of its isolation, large industry has never taken root, but the area does have some agriculture, ranching, mining, oil, and “maquiladora” industry powered by low-cost labor from Mexico. Fort Bliss brings a military presence to the economic and social base, and the recent base realignments have helped by locating more facilities and personnel there. There is an assortment of small museums mostly commemorating the history of the area, and the University of Texas at El Paso adds 16,000 students, a nice campus, and some sports amenities. Nearby geologic areas and the Franklin Mountains State Park offer some outdoor recreational opportunities. The climate, low cost of living, and the “get-away-from-it-all” isolation have made it a popular retirement location. The area is hundreds of miles from a city of any size, but the independent spirit and the availability of low-cost airline flights makes the area less isolated than geography may imply.
The city is located in a flat valley among dry hills. The Rio Grande flows along the southwest border of the city. The Franklin Mountains begin within the city limits and extend northward with peaks up to 7,200 feet. The climate is characterized by an abundance of sunshine throughout the year, high daytime summer temperatures, very low humidity, scant rainfall, and a relatively mild winter season. Daytime summer temperatures are frequently above 90[dg]F, and occasionally above 100[dg]F, but nights are usually comfortable. Winter daytime temperatures are mild with freezing night temperatures common during mid-winter. Rainfall throughout the year is light and insufficient for any growth except desert vegetation. Dry periods lasting several months are not unusual. Most precipitation occurs July through September from brief but often heavy thunderstorms. Small amounts of snow fall nearly every winter but seldom remain on the ground for more than a few hours. Spring dust storms and sandstorms can occur.
Interesting Facts about El_Paso, Texas
As of 2014, El Paso's population is 650,778 people. Since 2000, it has had a population growth of 13.72 percent.--------------------
The median home cost in El Paso is $117,300. Home appreciation the last year has been 0.50 percent.--------------------
Compared to the rest of the country, El Paso's cost of living is 15.60% Lower than the U.S. average.--------------------
El Paso public schools spend $9,521 per student. The average school expenditure in the U.S. is $12,435. There are about 15.6 students per teacher in El Paso.--------------------
The unemployment rate in El Paso is 6.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. El Paso jobs have Increased by 1.17 percent.
Ranked #2 The Most (and Least) Gender Imbalanced Cities
Ranked #3 Most Secure Places to Live 2011 (Large Metros)
Ranked #8 Most Secure Places to Live in the U.S. (Large Metro Areas)
Ranked #16 Best Cities for Teleworking - Small Metro Areas
Ranked #17 Most Secure Large Cities in the U.S.
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Average Commute time is 22 minutes. The National Average is 25 minutes.--------------------
El Paso's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes