El Paso is an old city on the border of Ciudad Juarez, Mexico, astride the Rio Grande. The population in 2015 was over 670,000 with a youthful median age of 32.2. The larger Metro area includes Las Cruces (New Mexico). Founded by Spanish explorers, it was the largest city in Spanish New Mexico. Because the city is built across mountains and beside a river it has an interesting geography. Numerous festivals enliven the year. Kern Place is extremely popular with college and university students. The area is known for its glitzy entertainment district, restaurants and coffee shops who cater to both business patrons and university students.
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Where to Retire in El Paso and Home Prices
West central El Paso is located north of Interstate 10 and west of the Franklin Mountains. The University of Texas at El Paso and the Cincinnati Entertainment district are located in the heart of the area. Historic districts Kern Place and Sunset Heights are fun parts of town and might provide some interesting residential choices in wealthy old neighborhoods, not all of which have come back (yet). The west side is home to some of the most affluent neighborhoods within the city, such as the Coronado Hills and Country Club neighborhoods. The NAR reports the median sales price of a home in El Paso at $171,100 in the 2nd quarter of 2020.
What is special about El Paso
The University of Texas El Paso is a major presence in the city. The 24,000-acre Franklin Mountains State Park, the largest urban park in the United States, lies entirely in El Paso. In 2010, El Paso received an All-America City Award. The city hosts the annual Sun Bowl college football post-season game. It also has a new Triple A baseball stadium.
What is not special about El Paso
The city is a long way from anything. It is closer to Phoenix (AZ) that it is to Austin, Texas. Summers are hot, although the little bit of altitude helps.
Who will like retirement in El Paso
If you speak Spanish you will feel at home in El Paso, as 80% of the residents describe themselves as Hispanic. It is an easy going city with plenty of outdoor recreation opportunities for those who like that.
Local economy is driven by
At least Fortune 500 company, Western Refining, is headquarterd here. Healthcare, education, administration, and business are important drivers of the economy.
Climate and Physical Environment
Somewhat surprisingly, the elevation is at 3800' thanks to the nearby Franklin Mountains. El Paso has a transitional climate between cold desert climate and hot desert climate. The sun shines 302 days a year on average, but it can also snow here. The average July temp is in the 80s and the Jan temp in the 40s.
Restaurants & Cultural Scene
The city has a lively cultural scene with all kinds of festivals throughout the year. There is a symphony and ballet. The Abraham Chavez Theatre, adjacent to the El Paso Convention and Performing Arts Center, welcomes patrons with a three-story-high glass-windowed entry and unique sombrero-shaped architecture. The Plaza Theatre is a historic building. Next to it is the El Paso Museum of Art. There is a lively restaurant, bar, and entertainment district in West El Paso in the Kern District. Students and others tend to congregate here. The city is famous for its Tex Mex and Mexican cuisine.
El Paso has been ranked the safest large city in the U.S. for four consecutive years. The crime rate is well below the national median.
There are numerous hospitals in the city including North Park and SCCI Hospital of El Paso.
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