El Paso, Texas County is a great place for those looking for an affordable lifestyle. With rent for two bedrooms costing only $980 per month, it is significantly lower than the US average of $1,430. Additionally, grocery costs are also lower with a Grocery Cost Index of 92 compared to the US average of 100. Those looking to settle in El Paso have a variety of options available to them as the county is home to many popular companies and industries. Major employers include El Paso Electric, Mission Foods Corporation, Holsum Bakery, Southwest University and the University of Texas at El Paso. The city also has strong ties to several industries such as manufacturing, healthcare, education and retail.
El Paso County has an unemployment rate of 7.8%. The US average is 6.0%.
El Paso County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for El Paso County
- The Sales Tax Rate for El Paso County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for El Paso County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for El Paso County
- The average income of a El Paso County resident is $18,705 a year. The US average is $28,555 a year.
- The Median household income of a El Paso County resident is $50,919 a year. The US average is $69,021 a year.