79912 El Paso, TX is a suburban area located in the north east part of the city. It has several large local companies such as Zyme Technology, Hunter Aerospace, Inc, and Aldine Technologies. With an average 2 bedroom rent of $1,130 compared to the US average of $1,430 , it is evident that living costs in this region are significantly lower than other parts of the country. This lower cost of living can be beneficial to those looking to move to this part of Texas as it means they could save a significant amount on their monthly rental payments. Additionally, with a Grocery Cost Index of 95 versus 100 in the US, food costs here are also cheaper meaning more money remains in people's pockets after expenses.
El Paso (zip 79912) has an unemployment rate of 7.4%. The US average is 6.0%.
El Paso (zip 79912) has seen the job market decrease by -4.2% 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 79912)
- The Sales Tax Rate for El Paso (zip 79912) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for El Paso (zip 79912) 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 79912)
- The average income of a El Paso (zip 79912) resident is $37,427 a year. The US average is $37,638 a year.
- The Median household income of a El Paso (zip 79912) resident is $66,742 a year. The US average is $69,021 a year.