Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 23.4 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $48,866 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $23,450 |
What is a good salary in El Paso TX?
A good salary in El Paso, TX is anything over $38,000. That’s because the median income in El Paso is $38,000, which means if you earn more than that you’re earning more than 50% of the people living in El Paso. The average salary in El Paso is $44,369. A good hourly wage in El Paso is $18.27 per hour.
Is El Paso a rich city?
Communities with a large Hispanic population, like El Paso, are among the poorest in the state.
Is El Paso Texas a poor city?
Overall, 18.6 percent of the El Paso population lives in poverty, compared to the national average of 12.3 percent. According to the report, El Paso has the 13th highest poverty rate when compared to all large U.S. cities.
How much does it cost to live in El Paso?
Summary about cost of living in El Paso, TX, United States: Family of four estimated monthly costs are 2,703$ without rent. A single person estimated monthly costs are 784$ without rent. El Paso is 44.29% less expensive than New York (without rent).
Who is the richest person in El Paso TX?
Paul L. Foster
Paul L. Foster is an American businessman who is the CEO of Franklin Mountain Investments. He is the founder and former chairman of the board of Western Refining, a Fortune 200 and Global 2000 oil refiner and marketer based in El Paso, Texas.
Is El Paso Texas a good place to live?
El Paso is among the Best Places to Live in the nation, according to U.S. News and World Report rankings for 2017. The magazine ranked El Paso as No. 76 of 100 metro areas it studied based on quality of life, job market, value of living and people’s desire to live there.
Are there rich people in El Paso?
He is Paul Foster, and he’s not just the wealthiest and most influential person in our city, he’s one of the richest people on the entire planet. Forbes estimates his current net worth at $1.7 billion, which makes him the 1,833rd richest billionaire.
What is considered low income in El Paso Texas?
In order to qualify, residents must earn less than 80 percent of the area median income, which is about $39,000 per year for a family of four.
Is El Paso cheap to live?
Lucky for you, El Paso is one of the most affordable cities to live in the United States. In 2019, El Paso was recognized as having the lowest cost of living in the entire nation, and it still beats out both the U.S. average and the TX average in major categories such as health, housing, groceries, and transportation.
Is El Paso Texas the safest city in America?
But is El Paso safe? Simply put, the answer is yes – El Paso is a highly safe place to live and visit. In 2020, it was ranked as the 5th safest large city in the US owing to its low rates of violent and property crimes, as well as low risk of severe weather. But no destination is without its dangers.
What percentage of El Paso is black?
El Paso Demographics
White: 69.64% Other race: 12.53% Two or more races: 12.29% Black or African American: 3.43%
What percent of El Paso is white?
Table
| Population | |
|---|---|
| Persons 65 years and over, percent | 12.8% |
| Female persons, percent | 50.2% |
| Race and Hispanic Origin | |
| White alone, percent | 91.4% |
Is El Paso cheaper than Houston?
Cost of Living Comparison Between Houston, TX and El Paso, TX. You would need around 3,573.59$ in El Paso, TX to maintain the same standard of life that you can have with 5,000.00$ in Houston, TX (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
What is the best area to live in El Paso?
These Are The 5 Best Neighborhoods In El Paso
- El Paso is a large city with many excellent neighborhoods. Here’s a little about some of the best: Mountain View, Castner Heights, Park Foothills, Silver Springs Village, and Via Hermosa.
- Castner Heights.
- Park Foothills.
- Silver Springs Village.
- Via Hermosa.
What’s the cost of living in Texas?
Average Cost of Living in Texas: $39,661 per year.
What is the rich side of El Paso?
Northwest El Paso (better known as West El Paso or the West Side) is an area of El Paso, Texas that is located on the west side of the Franklin Mountains. It is home to some of the most affluent neighborhoods within the city of El Paso, Texas.
What city has the most billionaires?
According to the Hurun Global Rich List, an annual ranking compiled by a private Shanghai-based company, Beijing is home to the world’s greatest number of billionaires at 144, followed by Shanghai with 121. There are 113 billionaires in Shenzhen, compared with 110 in New York, while London came in fifth with 101.
How many billionaires are in Texas?
Table
| Rank by number of billionaires (9/15/20) | State or federal district | Billionaires/ State’s 10M pop. (7/19 census) (9/15/20) |
|---|---|---|
| 1 | California | 40.49 |
| 2 | New York | 58.60 |
| 3 | Florida | 20.69 |
| 4 | Texas | 27.00 |
Is El Paso a good place to live 2021?
Not only does El Paso have a high quality of life, but its affordable housing and safe neighborhoods make it a good place to live. Making its way up to becoming one of the best places to live in Texas, El Paso is culturally diverse and embraces all backgrounds.
Why do people live in El Paso Texas?
Combining a beautiful climate, fantastic amenities, and a low cost of living, El Paso, Texas, is an inviting, exciting city. We’re multi-cultural, affordable and our economy is doing better than average. Even better, El Paso is ripe for outdoor adventures of every kind.