The city of El Paso, TX (79904) is known for its vibrant cultural scene, offering a unique blend of Southwestern culture and Mexican-American heritage. The city boasts a low cost of living compared to the national average. For example, 2 bedroom apartment rents in El Paso are $860 compared to the US average of $1,430. Furthermore, the grocery cost index in El Paso is 90 versus 100 in the US. This means that groceries in El Paso are 10% cheaper than the national average. \nWithin El Paso there are a variety of local businesses ranging from restaurants like Andele Restaurante to entertainment destinations like Southwest University Park. Renters looking for an affordable place to live should consider El Paso as it offers great value for money and a fantastic quality of life.
El Paso (zip 79904) has an unemployment rate of 7.4%. The US average is 6.0%.
El Paso (zip 79904) 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 35.9%, which is higher than the US average of 33.5%.
Tax Rates for El Paso (zip 79904)
- The Sales Tax Rate for El Paso (zip 79904) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for El Paso (zip 79904) 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 (zip 79904)
- The average income of a El Paso (zip 79904) resident is $15,205 a year. The US average is $28,555 a year.
- The Median household income of a El Paso (zip 79904) resident is $33,984 a year. The US average is $69,021 a year.