Pros and Cons of Living In Laredo, Texas. Is Laredo, TX a Nice Place To Live or Retire?

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Laredo, Texas

Moving to Laredo In Texas ? Is Laredo, TX a Nice Place To Live? Pros and Cons of Living in Laredo, Texas. Find out the best and worst about to live, raise a family or retire in Laredo.

Laredo ( lə-RAY-doh; Spanish: [laˈɾeðo]) is a city in the U.S. state of Texas and seat of Webb County, on the north bank of the Rio Grande in South Texas, across from Nuevo Laredo, Tamaulipas, Mexico. Founded in 1755, Laredo grew from a village to the capital of the short-lived Republic of the Rio Grande to the largest inland port on the Mexican border. Laredo's economy is primarily based on international trade with Mexico, and as a major hub for three areas of transportation: land, rail, and air cargo. The city is on the southern end of I-35, which connects manufacturers in northern Mexico through Interstate 35 as a major...

DEMOGRAPHICS

Population
260571
Unemployment
5.5%
17% NAT AVG.
Poverty
23.9%
71% NAT AVG.
Cost Of Living
78
22% NAT AVG.

ECONOMICS

Median Home Cost
$140100
39% NAT AVG.
Median Income
$51120
24% NAT AVG.
Median Rent
$858
26% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
4695
25% NAT. AVG.
34% STATE AVG.
Violent Crime
859
17% NAT. AVG.
28% STATE AVG.
Property Crime
3836
26% NAT. AVG.
36% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 18
People Earning < $10,000
1 in 11
People Earning < $50,000
49%
People With Any Degree
1 in 3.7

ETHNICITY

Ethnicity Laredo USA
White 3.4% 60.1%
African American 0.3% 12.2%
American Indian 0% 0.6%
Asian 0.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.1% 2.8%
Hispanic 95.5% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Laredo USA
Less than $10,000 8.8% 5.8%
$10,000 to $14,999 6.1% 4.1%
$15,000 to $24,999 11.8% 8.5%
$25,000 to $34,999 9.9% 8.6%
$35,000 to $49,999 12.4% 12.0%
$50,000 to $74,999 18.7% 17.2%
$75,000 to $99,999 11.7% 12.8%
$100,000 to $149,999 13.7% 15.6%
$150,000 to $199,999 3.4% 7.1%

EDUCATION

Education Laredo USA
< 9th Grade 17% 5.0%
9-12th Grade 14% 7.0%
High School or GED 24% 27.0%
Other College 18% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Laredo is a city in Texas state in USA with a population of 260571 residents.. The poverty rate of Laredo is 23.9%, which is 71% higher than national average. The typical household in Laredo earns $51120 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 49% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Laredo remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Laredo is 78, which is 22% lower than national average. In Laredo, only 19% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Laredo is $140100 , which is 39% lower than national average. While median income in Laredo remained $51120, which is 24% lower than national average.
Laredo Scorecard

Jobs60%

Housing70%

Affordability70%

Safety60%

Amenities90%

Diversity40%

Education50%

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