Laredo, TX Local Data & Statistics

State: TX

Total population: 257,619 Household income: $63,915 Rent: $1,030

Overview

Total population

257,619

Rent

$1,030

Year built

1997

Household income

$63,915

Per capita income

$25,161

Poverty rate

20.9%

Unemployment rate

3.7%

Household size

3.3 persons

Rent over 30% of income

50.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Texas

Total population

257,619

Adults over 25

147,414

Total households

78,082

Household size

3.3 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$63,915

Per capita income

$25,161

Poverty rate

20.9%

Unemployment rate

3.7%

Rent over 30% of income

50.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,030

Year built

1997

Households that rent

35.9%

Households that own

64.1%

Rooms per home (all homes)

5.2

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

20.6%

Black

0.5%

Asian

0.5%

Two or more races

67.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

95.1%

Not Hispanic or Latino

4.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

94.1%

Commute time to work

22 mins

Work from home

5.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

40.1%

High school graduate or GED

22.3%

Some college or associate degree

15.5%

Bachelor’s degree or higher

22%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Laredo, TX with: Texas United States

Laredo, TX

Total population257,619

Rent$1,030

Year built1997

Household income$63,915

Per capita income$25,161

Poverty rate20.9%

Unemployment rate3.7%

Texas State

Total population30,188,424

Rent$1,403

Year built1992

Household income$78,476

Per capita income$40,752

Poverty rate13.8%

Unemployment rate4.1%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityLaredo, TX	StateTexas	CountryUnited States
Total population	257,619	30,188,424	334,922,499
Rent	$1,030	$1,403	$1,413
Year built	1997	1992	1980
Household income	$63,915	$78,476	$80,734
Per capita income	$25,161	$40,752	$44,673
Poverty rate	20.9%	13.8%	12.5%
Unemployment rate	3.7%	4.1%	4%

View the complete comparison of Laredo, TX, Texas and United States →

Summary for Laredo, TX

Laredo is located in Texas.

Rent & Income

In Laredo, the typical monthly rent is $1,030 and the typical household income is $63,915. Rent here is lower than in both Texas and the U.S., and household income is also lower than in both. The estimated poverty rate is 20.9%, which is higher than in both Texas and national.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 35.9% of households. About 50.1% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 22% of adults holding a bachelor’s degree or higher. The local unemployment rate is 3.7%, which is lower than both Texas and the national rate.

Laredo, TX — Rent vs Household Income

Laredo, TX — Poverty vs Unemployment

How Laredo, TX compares in Texas (71 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,030	7 / 71	from lower rent	$923 – $2,231
Household income	$63,915	51 / 71	from higher income	$46,354 – $161,235
Poverty rate	20.9%	60 / 71	from lower poverty	3.6% – 29.2%
Unemployment rate	3.7%	47 / 71	from lower unemployment	2.6% – 8.2%

Rankings are calculated among cities and communities in Texas with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Laredo, TX

Rent

When it comes to rent costs, Laredo places 7th among 71 large places in Texas. Across the state, rents run from $923 in Brownsville, TX up to $2,231 in Flower Mound, TX.

Household income

For household income, Laredo ranks 51st out of 71 large places. Across Texas, incomes range from $46,354 in Port Arthur, TX to $161,235 in Flower Mound, TX.

Poverty rate

In poverty comparisons, Laredo ranks 60th out of 71 large places. Statewide rates vary from 3.6% in Frisco, TX to 29.2% in College Station, TX.

Unemployment rate

Laredo places 47th among 71 large communities for unemployment. Statewide figures run from 2.6% to 8.2%.

💰 Rent in Laredo, TX (with Utilities)

Estimated Monthly Rent: $1,030 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Laredo, TX

Annual Household Income: $63,915

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Laredo, TX

Estimated Rate: 20.9%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Laredo, TX

In Laredo, TX, households that rent: 28,062 (35.9%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	28,062	35.9%
Owner-Occupied	50,020	64.1%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Laredo, TX

In Laredo, TX, cost-burdened renters (households spending over 30% of income on housing): 14,055 (50.1%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	14,055	50.1%
Other renter households	14,007	49.9%
Total renter households	28,062	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Laredo, TX

Less than High School: 59,167 people (40.1%)

Includes adults who did not complete high school.

High School Graduate or GED: 32,918 people (22.3%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 22,918 people (15.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 32,411 people (22%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 147,414

📊 Unemployment Rate in Laredo, TX

Estimated Rate: 3.7%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Irving, TX255,036 St. Petersburg, FL260,646 Lubbock, TX261,078 Chesapeake, VA251,153 Winston-Salem, NC250,887 Glendale, AZ250,193 Fort Wayne, IN266,235 Toledo, OH268,461 Reno, NV268,959 Garland, TX245,298

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.