Income
Household Income (HHI)
Median HHI - $63,400
With a Median Household Income of $63,400 the El Paso-Las Cruces, TX-NM Market ranks 151st across STI Markets.
Income Distribtuion Line
Below the multi-colored line represents the same data for household income in the El Paso-Las Cruces, TX-NM market, but more equally lays out the distribution of population versus the income level, correcting for differences in size of income ranges. You will also notice that after 200k the income ranges are scaled down so the focus is more centered on the more numerous Households making under 200k. The black line represents the National Income Distribution for comparison.
Figure 38: Income Distribution Line
HH Income by Age of Head of Householder
HHI Age under 25 - $50,157
With an Average Household Income for those head of householders aged under 25 of $50,157 the El Paso-Las Cruces, TX-NM market ranks 158th across STI Markets.
Figure 41: HHI 00to25 Thematic
HHI Age 25 to 45 - $88,589
With an Average Household Income for those head of householders aged 25 to 45 of $88,589 the El Paso-Las Cruces, TX-NM market ranks 156th across STI Markets.
Figure 42: HHI 25to45 Thematic
HH Income by Age of Head of Householder
HHI White - $95,169
With an Average Household Income for those head of householders Non-Hispanic White of $95,169 the El Paso-Las Cruces, TX-NM market ranks 140th across STI Markets.
Figure 46: HHI white Thematic
HHI Black - $87,689
With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $87,689 the El Paso-Las Cruces, TX-NM market ranks 57th across STI Markets.
Figure 47: HHI black Thematic
HHI Asian - $98,728
With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $98,728 the El Paso-Las Cruces, TX-NM market ranks 142nd across STI Markets.
Figure 48: HHI asian Thematic
Disposible Income - $69,863
Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $69,863 which ranks 146th across STI Markets.
This is a drop of $14,960, or 17.64%, overall this percentage drop ranks 162nd across STI Markets.
Figure 51: Disposible Income VS HH Income
Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease
Discretionary Income - $47,301
Discretionary income goes a step further. It takes Disposable Income, which already accounts for taxes, and accounts for the typical cost of Food, Housing, and Clothing. The Average Household Discretionary Income is $47,301 which ranks 158th across STI Markets.
This is a drop of $37,521, or 44.24%, overall this percentage drop ranks 64th across STI Markets.
Figure 52: Discretionary Income VS HH Income
Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease