The typical owner-occupied home in El Paso County is worth about $180,400, 36% below the Texas median of $283,800 and 46% below the national median of $332,700. Owners pay a median $3,660 a year in property taxes, about 2.03% of their home's value, higher than the Texas rate of 1.49%. The median household earns $59,806 a year, so the median home costs 3.0 times the median income (3.6 times for Texas). 64% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
El Paso County at a glance
| El Paso County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $180,400 | $283,800 | $332,700 |
| Median property tax paid per year | $3,660 | $4,232 | $3,119 |
| Property tax as a share of value | 2.03% | 1.49% | 0.94% |
| Median household income | $59,806 | $78,476 | $80,734 |
| Homes lived in by their owners | 64% | 63% | 65% |
| Owner homes with a mortgage | 53% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,601 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 22.9% | 21.7% | 21.0% |
| Median rent | $1,079 | $1,403 | $1,413 |
| Rent as a share of renters' income | 31.9% | 30.9% | 30.6% |
| Median year homes were built | 1988 | 1992 | 1980 |
| Vacant homes | 7.4% | 9.4% | 10.1% |
| Population | 870,779 | 30,188,424 | 334,922,499 |
What a typical home costs per month in El Paso County
At this week's average 30-year rate of 7.11%, buying the median El Paso County home of $180,400 with 20% down costs about $1,351 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,652, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $57,908 for the 20%-down payment. That payment is 27% of the median El Paso County household income of $59,806; at that income and 20% down, the 28% guideline points to a home of about $186,000.
The median rent here is $1,079 a month, so owning the median home costs about $272 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,080 |
|---|---|
| Loan amount | $144,320 |
| Principal and interest | $971 |
| Property taxes (2.03% a year) | $305 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| PMI | $0 |
| Total per month | $1,351 |
Change the numbers in the calculator
| Down payment | $6,314 |
|---|---|
| Loan amount | $177,133 |
| Principal and interest | $1,192 |
| Property taxes (2.03% a year) | $305 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| FHA mortgage insurance | $80 |
| Total per month | $1,652 |
Change the numbers in the calculator
Questions about home buying in El Paso County
What is the median home value in El Paso County?
About $180,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in El Paso County?
Homeowners pay a median $3,660 a year, which is about 2.03% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in El Paso County?
For the median home with 20% down at 7.11%, the payment is about $1,351 a month. Keeping that under 28% of gross income takes about $57,908 a year.
More about El Paso County
- Mortgage Refinance in El Paso County
- Debt Relief in El Paso County
- Home Equity Loans in El Paso County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data