Study: El Paso Has Highest Income Growth
POSTED: Wednesday, October 13, 2010 - 6:16pm
UPDATED: Thursday, October 14, 2010 - 8:14am
El Paso has the highest income growth in the nation over the past twenty years, according to a study conducted by Portfolio.com
The study looked at 100 metropolitan areas and still ranks El Paso as the second lowest income per-capita.
We spoke with UTEP economy professor Tom Fullerton, and he said El Paso's income levels haven't been as hard-hit over the past few years compared to other cities because the housing market has been stable and graduation rates are up.
"There are some significant obstacles left to overcome before we can catch up to the rest of the United States," Fullerton said.
Baton Rouge and Baltimore had the second and third highest income growth level, according to the study. Honolulu had the lowest.