79922 El Paso, TX is a great place to live for individuals seeking an affordable lifestyle. Rent for two-bedroom apartments in this area averages $1,110 per month compared to the US average of $1,430. In addition, local grocery cost index averages 98 versus 100 in the US.
El Paso provides plenty of job opportunities at major companies such as UMC Health System, El Paso Electric Company, and Texas Tech University Health Sciences Center (TTUHSC). Other major employers in the area include El Paso County Government, William Beaumont Army Medical Center and Hotel Indigo Downtown. With a thriving business climate and low housing costs, El Paso is an excellent choice for many people looking to make a move.
El Paso (zip 79922) has an unemployment rate of 7.4%. The US average is 6.0%.
El Paso (zip 79922) 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 79922)
- The Sales Tax Rate for El Paso (zip 79922) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for El Paso (zip 79922) 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 79922)
- The average income of a El Paso (zip 79922) resident is $44,594 a year. The US average is $28,555 a year.
- The Median household income of a El Paso (zip 79922) resident is $103,906 a year. The US average is $69,021 a year.