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Laredo, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
257,619
Population
$63,915
Median Income
$193,500
Home Value
29.9
Median Age

Demographics

Laredo has a population of 257,619 with a median age of 29.9. Here is the racial and ethnic breakdown of the population:

Hispanic
95.1%
White
20.6%
Demographic Value
Total Population257,619
Median Age29.9
White20.6%
Black or African American0.5%
Asian0.5%
Hispanic or Latino95.1%
Laredo, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 117.Hispanic/Latino: 81.5%White: 17.7%Other: 0.9%257,619PopulationHispanic/LatinoHispanic/Latino81.5%WhiteWhite17.7%OtherOther0.9%

Income & Economy

The median household income in Laredo is $63,915, which is 20.7% below the national median of $80,610. The per capita income is $25,161. The poverty rate is 20.9%.

$63,915
Median Household Income
$25,161
Per Capita Income
20.9%
Poverty Rate

Employment

The unemployment rate in Laredo is 4.2%, compared to the national rate of 4.1%.

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Education

In Laredo, 71.7% of residents age 25+ have a high school diploma or higher, and 22.0% hold a bachelor's degree or higher (6.5% with a graduate or professional degree).

HS Diploma+
71.7%
Bachelor's+
22.0%
Graduate+
6.5%
Education Level % of Adults (25+)
High School Diploma or Higher71.7%
Bachelor's Degree or Higher22.0%
Graduate or Professional Degree6.5%

Housing

The median home value in Laredo is $193,500, below the national median of $303,400. The median monthly rent is $1,030. The homeownership rate is 64.1%.

$193,500
Median Home Value
$1,030/mo
Median Rent
64.1%
Homeownership Rate
Housing Metric Value
Median Home Value$193,500
Median Monthly Rent$1,030
Homeownership Rate64.1%
Vacancy Rate7.2%

Salaries in Texas

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Frequently Asked Questions

What is the population of Laredo, Texas?
The population of Laredo, Texas is 257,619 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Laredo, Texas?
The median household income in Laredo, Texas is $63,915. This is 20.7% below the national median of $80,610.
What is the median home value in Laredo, Texas?
The median home value in Laredo, Texas is $193,500. The median monthly rent is $1,030.
What percentage of people in Laredo have a college degree?
In Laredo, Texas, 22.0% of adults age 25 and older hold a bachelor's degree or higher, and 71.7% have a high school diploma or higher.
Is Laredo, Texas an affordable place to live?
The home price-to-income ratio in Laredo, Texas is 3.0x (median home value $193,500 vs. median income $63,915), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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