El Paso Suburb Declared Poorest Town in Texas by MSN Money
About 30 miles southeast of El Paso lies the poorest town in Texas.
According to MSN Money, Fabens, Texas has an average household income of less than $25,000 annually. $25,000 per year is the federal poverty line for a family of four.
MSN Money writes:
Fabens is the only town in Texas where over half of all households live on less than $25,000 a year. Fabens’ 48.8% poverty rate is also the highest of any town in the state and nearly three times the 16.7% poverty rate across Texas.
The area's low incomes are reflected in area property values. The typical home in Fabens is worth just $61,600, less than half the median home value in Texas of $142,700 and about a third of the national median home value of $184,700.
Fabens is also notorious as the location of a border incident that made national headlines.
Two Border control agents were convicted in a non-fatal shooting of an unarmed man. Their sentences were commuted by President George W. Bush on his last day in office.