El Paso is the sixth largest city in Texas. More than 70 Fortune 500 companies have offices in El Paso including The Hoover Company, Eureka, Boeing and Delphi (auto parts). Allstate Insurance and State Farm Mutual Auto Insurance are some of the major financial institutions operating in El Paso. The average home is worth $134,500 and the rent is $766 per month. Average income is around $38,112 a year.