El Paso, Texas Overview El Paso is a picturesque city in the western area of Texas. It's located along the Rio Grande, ...
El Paso, Texas Overview
El Paso is a picturesque city in the western area of Texas. It's located along the Rio Grande, which places it across the border from Mexico. El Paso is home to 674,433 people as well as to Franklin Mountains State Park, the biggest urban park in the country. It's also home to some impressive architectural structures, include these very tall buildings: Wells Fargo Plaza, Chase Tower, Plaza Hotel, and Kayser Building.
According to Forbes, the cost of living in El Paso is one percent below the national average. The median annual household income in El Paso is $37,900, and the median cost for a home in the city is $141,100. The local economy gets a boost from the strong military presence. The Biggs Army Airfield, Fort Bliss, and the William Beaumont Army Medical Center are all in El Paso. So are the Joint Task Force North and the El Paso Intelligence Center.
El Paso Job Opportunities
Several big corporations, educational institutions, and health care companies provide El Paso jobs. The biggest sectors for El Paso, TX jobs are defense and education. Institutions of higher learning in the area include the University of Texas at El Paso, Texas Tech University Health Sciences Center, Park University and Webster University. Many jobs in El Paso, TX are also available from the booming tourism industry, which brings over 2 million visitors to the city each year.
El Paso is home to Western Refining, the only Fortune 500 business to have headquarters in the city. Other Fortune 500 companies have offices in the city, including Eureka, State Farm and Hoover. Seven of the top ten providers of jobs in El Paso are call center operations, including Automatic Data Processing, which employs many customer service jobs in El Paso.
Also check out jobs in Midland, which is relatively to close to El Paso.
El Paso Employment Trends
As of July 2014, El Paso had an unemployment rate of 7 percent, which is higher than the Texas average of 5.6 percent and higher than the national average of 6.3 percent. Job growth was at a rate of 1.1 percent in 2013, and is expected to rise to a rate of 2.7 percent in 2014, so things are looking up. El Paso ranks 32nd on Forbes' numbered list of cities for job growth.
The economy in El Paso continues to change and evolve. It only became a popular center for American-based call centers within the last two decades. Its economy has also recently grown to incorporate a large manufacturing sector, and workers in El Paso jobs produce such items as medical devices and automobile parts.