Economy, jobs and prices in Laredo, Texas: official figures
The median household income in Laredo was $63,915 a year in the 2020-2024 American Community Survey (in 2024 dollars), 198th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Texas median $78,476.
What is the per capita income in Laredo?
Income per resident (per capita income) in Laredo averaged $25,161 a year in 2020-2024, 19th lowest of 823 US cities of 50,000 or more (US: $44,673; Texas: $40,752).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Laredo?
Laredo's Gini index of household income inequality was 0.451 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 371st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Laredo, Texas?
5.4% of the civilian labor force in Laredo was unemployed on average over 2020-2024 (6,367 people), 389th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Texas' 5.3%.
Source: U.S. Census Bureau · saved copyHow many people in Laredo have jobs?
111,647 residents of Laredo held civilian jobs, 60.0% of those aged 16 and over (US: 59.7%), and 131 served in the armed forces.
Source: U.S. Census Bureau · saved copyWhat are the main industries in Laredo?
The largest industry group for working residents of Laredo was education, health care and social assistance (22.5% of employed residents), followed by transport, warehousing and utilities (16.7%) and retail trade (12.4%), 2020-2024.
Source: U.S. Census Bureau · saved copyHow many people in Laredo work in manufacturing?
Manufacturing employed 2.9% of working residents of Laredo, 10th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 9.1% (US: 12.6%).
Source: U.S. Census Bureau · saved copyHow long is the commute in Laredo, Texas?
Commuters in Laredo took 21.6 minutes on average to get to work in 2020-2024, 234th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.7% travelled an hour or more and 29.9% less than 15 minutes.
Source: U.S. Census Bureau · saved copyHow do people in Laredo get to work?
5.9% of workers living in Laredo worked from home in 2020-2024, 34th lowest of 823 US cities of 50,000 or more (US: 15.1%). 79.2% drove to work alone, 11.5% carpooled, 0.7% used public transport and 1.2% walked.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Laredo, Texas?
The median gross rent (rent plus utilities) in Laredo was $1,030 a month in 2020-2024, 83rd lowest of 823 US cities of 50,000 or more (US: $1,413; Texas: $1,403).
Source: U.S. Census Bureau · saved copyHow much does a house cost in Laredo?
Owner-occupied homes in Laredo had a median value of $193,500 in 2020-2024 as estimated by their owners, 102nd lowest of 823 US cities of 50,000 or more (US: $332,700; Texas: $283,800).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Laredo?
The median home value in Laredo was 3.0 times the median household income, 101st lowest of 823 US cities of 50,000 or more (US: 4.1 times).
Source: U.S. Census Bureau · saved copyHow many households in Laredo have no internet?
10.6% of households in Laredo (8,314) had no internet access at home in 2020-2024, 34th highest of 823 US cities of 50,000 or more (US: 6.5%); 9.1% relied on a cellular data plan alone (US: 11.5%).
Source: U.S. Census Bureau · saved copyHow Laredo compares with other cities in the United States
Median household income (2024 dollars) (2020-2024)
Laredo ranks 626 of 823, highest first.
| Rank | City | Median household income (2024 dollars) |
|---|---|---|
| 623 | Kenner | $64,020 |
| 624 | Warren | $64,016 |
| 625 | Madera | $63,933 |
| 626 | Laredo | $63,915 |
| 627 | Grand Island | $63,795 |
| 628 | Fort Myers | $63,732 |
| 629 | Columbia | $63,719 |
Per capita income (2024 dollars) (2020-2024)
Laredo ranks 805 of 823, highest first.
| Rank | City | Per capita income (2024 dollars) |
|---|---|---|
| 802 | Terre Haute | $25,369 |
| 803 | San Bernardino | $25,328 |
| 804 | Muncie | $25,281 |
| 805 | Laredo | $25,161 |
| 806 | Albany | $25,040 |
| 807 | Canton | $24,690 |
| 808 | Detroit | $24,594 |
Gini index of household income inequality (2020-2024)
Laredo ranks 371 of 823, highest first.
| Rank | City | Gini index of household income inequality |
|---|---|---|
| 368 | Topeka | 0.452 |
| 369 | Richmond | 0.452 |
| 370 | Shoreline | 0.451 |
| 371 | Laredo | 0.451 |
| 372 | New Britain | 0.451 |
| 373 | Cupertino | 0.451 |
| 374 | Palm Coast | 0.451 |
Unemployment rate (share of civilian labor force) (2020-2024)
Laredo ranks 389 of 823, highest first.
| Rank | City | Unemployment rate (share of civilian labor force) |
|---|---|---|
| 386 | Whittier | 5.4% |
| 387 | Scranton | 5.4% |
| 388 | Deerfield Beach | 5.4% |
| 389 | Laredo | 5.4% |
| 390 | Albuquerque | 5.4% |
| 391 | St. Paul | 5.4% |
| 392 | Mesquite | 5.4% |
Labor force participation rate (16 and over) (2020-2024)
Laredo ranks 556 of 823, highest first.
| Rank | City | Labor force participation rate (16 and over) |
|---|---|---|
| 553 | Loveland | 63.5% |
| 554 | Cicero | 63.5% |
| 555 | Wichita Falls | 63.5% |
| 556 | Laredo | 63.5% |
| 557 | Sugar Land | 63.4% |
| 558 | Albany | 63.4% |
| 559 | Temple | 63.4% |
Mean travel time to work (minutes) (2020-2024)
Laredo ranks 590 of 823, highest first.
| Rank | City | Mean travel time to work (minutes) |
|---|---|---|
| 587 | Richmond | 21.7 |
| 588 | Greensboro | 21.7 |
| 589 | Plymouth | 21.7 |
| 590 | Laredo | 21.6 |
| 591 | St. Charles | 21.6 |
| 592 | Cuyahoga Falls | 21.6 |
| 593 | Scottsdale | 21.6 |
Workers who worked from home (2020-2024)
Laredo ranks 790 of 823, highest first.
| Rank | City | Workers who worked from home |
|---|---|---|
| 787 | Midland | 6.2% |
| 788 | Valdosta | 6.2% |
| 789 | Bossier City | 6.0% |
| 790 | Laredo | 5.9% |
| 791 | Huntington Park | 5.8% |
| 792 | Texas City | 5.8% |
| 793 | Baytown | 5.8% |
Workers commuting by public transportation (2020-2024)
Laredo ranks 524 of 823, highest first.
| Rank | City | Workers commuting by public transportation |
|---|---|---|
| 521 | Napa | 0.7% |
| 522 | Palm Desert | 0.7% |
| 523 | Charleston | 0.7% |
| 524 | Laredo | 0.7% |
| 525 | Salinas | 0.7% |
| 526 | Coconut Creek | 0.7% |
| 527 | Brownsville | 0.7% |
Employed residents working in manufacturing (2020-2024)
Laredo ranks 814 of 823, highest first.
| Rank | City | Employed residents working in manufacturing |
|---|---|---|
| 811 | Olympia | 2.9% |
| 812 | Fort Myers | 2.9% |
| 813 | New York | 2.9% |
| 814 | Laredo | 2.9% |
| 815 | Urban Honolulu | 2.8% |
| 816 | Tallahassee | 2.8% |
| 817 | Mount Vernon | 2.6% |
Employed residents in education, health care and social assistance (2020-2024)
Laredo ranks 459 of 823, highest first.
| Rank | City | Employed residents in education, health care and social assistance |
|---|---|---|
| 456 | Greeley | 22.5% |
| 457 | Savannah | 22.5% |
| 458 | Alameda | 22.5% |
| 459 | Laredo | 22.5% |
| 460 | Collierville | 22.5% |
| 461 | Amarillo | 22.5% |
| 462 | Camarillo | 22.5% |
Median gross rent per month (2020-2024)
Laredo ranks 741 of 823, highest first.
| Rank | City | Median gross rent per month |
|---|---|---|
| 738 | Cleveland | $1,034 |
| 739 | South Bend | $1,033 |
| 740 | Racine | $1,033 |
| 741 | Laredo | $1,030 |
| 742 | Appleton | $1,030 |
| 743 | Council Bluffs | $1,030 |
| 744 | Johnson City | $1,023 |
Median value of owner-occupied homes (2020-2024)
Laredo ranks 722 of 823, highest first.
| Rank | City | Median value of owner-occupied homes |
|---|---|---|
| 719 | Des Moines | $194,700 |
| 720 | Dothan | $194,000 |
| 721 | Columbus | $193,900 |
| 722 | Laredo | $193,500 |
| 723 | Warren | $193,400 |
| 724 | Mobile | $193,300 |
| 725 | Newark | $192,300 |
Median home value as a multiple of median household income (2020-2024)
Laredo ranks 720 of 820, highest first.
| Rank | City | Median home value as a multiple of median household income |
|---|---|---|
| 717 | Janesville | 3.0x |
| 718 | Bartlett | 3.0x |
| 719 | Odessa | 3.0x |
| 720 | Laredo | 3.0x |
| 721 | Elgin | 3.0x |
| 722 | Warren | 3.0x |
| 723 | West Allis | 3.0x |
Occupied homes lived in by their owners (2020-2024)
Laredo ranks 273 of 823, highest first.
| Rank | City | Occupied homes lived in by their owners |
|---|---|---|
| 270 | Idaho Falls | 64.2% |
| 271 | Twin Falls | 64.1% |
| 272 | Highland | 64.1% |
| 273 | Laredo | 64.1% |
| 274 | Chino | 64.0% |
| 275 | Deerfield Beach | 63.9% |
| 276 | Anchorage | 63.9% |
Households with a broadband subscription (2020-2024)
Laredo ranks 737 of 823, highest first.
| Rank | City | Households with a broadband subscription |
|---|---|---|
| 734 | Muncie | 87.6% |
| 735 | Memphis | 87.5% |
| 736 | Pinellas Park | 87.4% |
| 737 | Laredo | 87.4% |
| 738 | Dothan | 87.4% |
| 739 | Grand Forks | 87.4% |
| 740 | Lowell | 87.4% |
Households with no internet access (2020-2024)
Laredo ranks 34 of 823, highest first.
| Rank | City | Households with no internet access |
|---|---|---|
| 31 | Camden | 10.7% |
| 32 | West New York | 10.7% |
| 33 | North Little Rock | 10.6% |
| 34 | Laredo | 10.6% |
| 35 | Dayton | 10.6% |
| 36 | Mobile | 10.6% |
| 37 | Springfield | 10.6% |
More on Laredo: overview · health · education and schools · poverty and living standards · government budget · all cities in the United States
Sources
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08013: Aggregate Travel Time to Work (in Minutes) of Workers by Sex (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 6939fdfa046fd5bb829ec8da9549e66298cc740f6a3f5dd60e1920a08e3083fb), read 23 October 2026 · saved copy (SHA-256 5f94e7878b6a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B23025: Employment Status for the Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 264a5bd9367c5f58d9773fa4966fa94fe1e02f9c7106bc2ab39168d6de7c3e4a), read 23 October 2026 · saved copy (SHA-256 2630e6946370…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19083: Gini Index of Income Inequality (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 338f7a1191eaaf3913913e78c36aaa9d82f2b5c8faaf889be2e597b28869205e), read 23 October 2026 · saved copy (SHA-256 b8cf854b1f94…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table C24030: Sex by Industry for the Civilian Employed Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 66a2799a71a5fc36f0e3bc22767fe5bdd8f96eb29e85b91311e990d35cc14114), read 23 October 2026 · saved copy (SHA-256 5d717c57e7e4…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19013: Median Household Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b25a176b0e6c339b6f3a2a0d3d8446bf06f5f080b4395993ec9a8313efb1c229), read 23 October 2026 · saved copy (SHA-256 1d8a264807c6…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08301: Means of Transportation to Work (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 552b24c135b6e7c566910914a861cda6fc798ba0cd47801b1eb64295a128c2ee), read 23 October 2026 · saved copy (SHA-256 eaf823006d53…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19301: Per Capita Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 9fc107e98fee7fa49bb8314560205569184fad65fb64b80adb5c5bdd83ccc409), read 23 October 2026 · saved copy (SHA-256 24c1e725b26a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25064: Median Gross Rent (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b36e6dc1fcef36b8b307d31b37517b64c80d8b9c70d48c9b1894242860f42eb0), read 23 October 2026 · saved copy (SHA-256 b842a7ff825c…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25077: Median Value (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 89eb2153764a2330b23959d8bbc29b3a8f3016f087b990f2a8ea0d5096d9a816), read 23 October 2026 · saved copy (SHA-256 22b59a3b1acb…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B28002: Presence and Types of Internet Subscriptions in Household (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 12446ff0691b8818f5908cdc398817361772c5b3078c506d0409adc9c841840b), read 23 October 2026 · saved copy (SHA-256 4b375b368bf9…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25003: Tenure (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 68e963e1ed60fcf6b0658579cefc6498b7a9eb780b9f3e87fd1b9775c4d4ac6c), read 23 October 2026 · saved copy (SHA-256 2983c28f47fa…)
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