Omaha Mortgage Calculator for El Paso, Texas (88589)

Free omaha mortgage calculator for residents of El Paso, Texas. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$79,107
per year in El Paso
MEDIAN HOME VALUE
$301,947
in El Paso, TX
HOUSING AFFORDABILITY: AFFORDABLE

Home prices are reasonably accessible for median-income households in this area.

Local Context for El Paso, Texas

In El Paso, Texas (El Paso County, ZIP area), the median household income is $79,107 per year and the median home value is $301,947. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About El Paso, Texas (ZIP 88589)

City El Paso, Texas
County El Paso County
ZIP Code 88589
State Texas
Time Zone Chicago
Median Household Income $79,107/year
Median Home Value $301,947

Housing & Cost of Living — El Paso, Texas

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.8x
Est. Monthly Mortgage (20% down, 6.65%) $1,551/mo
Mortgage as % of Monthly Income 23.5%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Mid-Range Market
Cost of Living Index 102 (Near National Average)

With a price-to-income ratio of 3.8x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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