El Paso has the 7th largest population under 30, study says

El Paso News

EL PASO, Texas (KTSM) — Demographics across the country are shifting, with young people tending to be more peripatetic than their older counterparts. Cities with lower costs of living are attractive to young people where they can afford to rent or own a home.

Nationally, people under 30 make up about 38 percent of the population while cities grapple with the impacts of stagnant or declining young populations.

A new analysis by Porch shows that El Paso has the 7th largest young population, with 46 percent of the population under 30.

Researchers analyzed data from the U.S. Census Bureau, the Bureau of Economic Analysis, and the Department of Housing and Urban Development to determine the least expensive cities with the most young people. 

Locations were ranked based on each city’s share of the population under the age of 30, and calculated the total population under the age of 30, the cost of living, the median cost of one-bedroom rentals, and median earnings for full-time workers under 30. 

The analysis found that the cost of living in the El Paso metro area is about 12.3 percent below the national average.

Below is a data summary comparing El Paso’s statistics to the national averages:

El Paso averageNational average
Share of population under 30: 46.0%Share of population under 30: 38.7%
Total population under 30: 374,437Total population under 30: 125,016,007
Cost of living (compared to average): -12.3%Cost of living (compared to average): N/A
Median 1-bedroom rental: $739Median 1-bedroom rental: $1,096
Median earnings for full-time workers under 30: $24,000Median earnings for full-time workers under 30: $34,000
Source: U.S. Census Bureau

For more information on El Paso’s demographics, click here; for our complete coverage on housing in El Paso, click here.

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