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El Paso County, TX

RANK #575 / 996  ·  POP 863,832  ·  TX

PROJECTED GROWTH: +0.5%

El Paso County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why El Paso County?

El Paso County, Texas, stands out for its dramatic desert landscape, framed by the Franklin Mountains, which offer extensive trails for hiking, biking, and rock climbing within Franklin Mountains State Park, one of the largest urban parks in the nation. The county, located in far West Texas and operating on Mountain Time, shares a border with New Mexico and Mexico, creating a distinctive cultural blend. Commutes within the county are generally manageable, though construction can cause delays. Public transportation, including bus services and a streetcar in the city of El Paso, connects various communities like Anthony, Canutillo, and Socorro.

Life in El Paso County offers a blend of affordability and a strong community feel, often described as family-oriented. The region's economy is diverse, with major employers including Fort Bliss, a significant military installation. Beyond the military, the economy is expanding into sectors such as advanced manufacturing, aerospace, defense, and logistics, leveraging its position as a trade corridor with Mexico. The public school systems, including large districts like El Paso ISD and Socorro ISD, serve the county's population.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+8.4%

Well above national median

Home Prices
+1.1%

Below national median

Climate & Terrain
4.5

Favorable climate & terrain

Price/Rent
9x

Strong rental yield

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

El Paso County U.S. National

The Numbers

DEMOGRAPHICS
Population
863,832
+0.39% YoY
Median Household Income
$55,417
Median Home Value
$153,600
+1.12% 12mo
Median Rent
$978
Average Annual Pay
$50,230
+3.6% YoY
Employment
333,908
+2.5% YoY
Income-to-Home-Value
0.3608
More affordable than average
Migration Inflow
1.33%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$274,950
Days on Market
81
Slower market
Months of Supply
4.4
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
16.1%
Listings w/ Price Drops
14.8%
Building Permits (2024)
2,320
Single-Family Permits
2,077

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$10,543M
TOTAL
PROJECT AMOUNT STATUS
Meta El Paso Data Center Campus
Meta
$10,000M Under Construction
McCloud Natural Gas Plant
El Paso Electric
$366M Proposed
Advanced Manufacturing District
El Paso (City)
$50M Planned
Pellicano Drive Widening Project
El Paso County
$50M Legal Coordination
Montwood Drive Extension
El Paso County
$50M Construction
Connect El Paso Data Center
Oppidan
$27M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +8.4% 97 percentile
Population Growth +0.4% 46 percentile
Income Growth +8.8% 59 percentile
Vacancy Rate 1.8% 12 percentile
Home Price Change +1.1% 47 percentile
Rent Growth +1.5% 26 percentile
Price/Rent 9x 97 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is El Paso County, TX a good place to move to?

El Paso County has a Boom Town Index score of 42/100, ranking #575 among 996 U.S. counties. With job growth at +2.5% and a median household income of $55,417, it faces some economic headwinds compared to faster-growing counties.

Is El Paso County affordable?

The median home value in El Paso County is $153,600 with median rent at $978/month. The income-to-home-value ratio is 0.3608, which is more affordable than the national average.

Is El Paso County growing or shrinking?

Population growth: +0.4% year-over-year. Job growth: +2.5%. Home values changed +1.1% in the past 12 months.

[08] Similar Metros

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