Laredo has a population of 255,293 with a median age of 29.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 255,293 |
| Median Age | 29.3 |
| White | 53.4% |
| Black or African American | 0.5% |
| Asian | 0.5% |
| Hispanic or Latino | 95.5% |
The median household income in Laredo is $60,928, which is 18.9% below the national median of $75,149. The per capita income is $23,669. The poverty rate is 21.0%.
The unemployment rate in Laredo is 5.9%, compared to the national rate of 5.4%.
In Laredo, 69.7% of residents age 25+ have a high school diploma or higher, and 21.1% hold a bachelor's degree or higher (6.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 69.7% |
| Bachelor's Degree or Higher | 21.1% |
| Graduate or Professional Degree | 6.1% |
The median home value in Laredo is $164,400, below the national median of $281,900. The median monthly rent is $968. The homeownership rate is 62.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $164,400 |
| Median Monthly Rent | $968 |
| Homeownership Rate | 62.7% |
| Vacancy Rate | 7.8% |
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