Can you afford to live in El Paso?

Median household income, home values and rent in El Paso, TX — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in El Paso.

Median household income: $58,734 — +37.3% since 2015 (not adjusted for inflation)

Median gross rent: $1,041/mo — +38.4% since 2015

Median home value, 2015 to 2023

• 2015: 118400
• 2023: 171700

Median household income

• El Paso: 58734
• El Paso County: 58859
• TX: 76292
• U.S.: 78538

Median gross rent

• El Paso: 1041
• El Paso County: 1045
• TX: 1339
• U.S.: 1348

Share of income a typical renter spends on rent: 31.3% — U.S.: 30.2%

What it means

The typical household here earns $58,734 — far lower than the national figure of $78,538.

The typical renter here spends 31.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+38.4% versus +37.3%), before adjusting for inflation.