Laredo, TX
LAREDO, TEXAS: Demographic and Financial Snapshot
(Last updated on 1.6.21)
AGE IN LAREDO, TEXAS
| Age Range | Population | Percent |
| 20 to 24 years | 20,697 | 8.0% |
| 25 to 29 years | 17,991 | 7.0% |
| 30 to 34 years | 16,692 | 6.5% |
| 35 to 39 years | 17,322 | 6.7% |
| 40 to 44 years | 16,681 | 6.5% |
| 45 to 49 years | 15,799 | 6.1% |
| 50 to 54 years | 13,147 | 5.1% |
| 55 to 59 years | 11,545 | 4.5% |
| 60 to 64 years | 9,740 | 3.8% |
| 65 to 69 years | 7,459 | 2.9% |
| 70 to 74 years | 6,092 | 2.4% |
| 75 to 79 years | 3,869 | 1.5% |
| 80 to 84 years | 2,675 | 1.0% |
| 85+ years | 3,048 | 1.2% |
The median age in Laredo is 28.7 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN LAREDO, TEXAS
| Ethnicity | Population | Percent |
| White | 245,632 | 95.4% |
| Black or African American | 1,134 | 0.4% |
| American Indian and Alaska Native | 451 | 0.2% |
| Asian | 1,361 | 0.5% |
| Native Hawaiian and Other Pacific Islander | 33 | 0.0% |
| Other | 7,561 | 2.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN LAREDO, TEXAS
| Education Level | Population | Percent |
| Less than 9th grade | 25,431 | 17.9% |
| 9th to 12th grade, no diploma | 19,606 | 13.8% |
| High school graduate (includes GED) | 37,551 | 26.4% |
| Some college, no degree | 23,237 | 16.4% |
| Associate’s degree | 9,410 | 6.6% |
| Bachelor’s degree | 18,969 | 13.4% |
| Graduate or professional degree | 7,856 | 5.5% |
| High school graduate or higher | 97,023 | 68.3% |
| Bachelor’s degree or higher | 26,825 | 18.9% |
| Less than Bachelor’s degree | 115,235 | 81.1% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN LAREDO, TEXAS
| Annual Household Income | Percent |
| Less than $10,000 | 11.7% |
| $10,000 to $14,999 | 7.1% |
| $15,000 to $24,999 | 11.9% |
| $25,000 to $34,999 | 11.3% |
| $35,000 to $49,999 | 13.8% |
| $50,000 to $74,999 | 16.1% |
| $75,000 to $99,999 | 10.2% |
| $100,000 to $149,999 | 11.3% |
| $150,000 to $199,999 | 3.4% |
| $200,000 or more | 3.1% |
Median household income: $43,351
Mean household income: $60,911
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN LAREDO, TEXAS
| Education Level | Average Income |
| Less than high school graduate | $17,522 |
| High school graduate (includes GED) | $24,805 |
| Some college or Associate’s degree | $32,750 |
| Bachelor’s degree | $48,097 |
| Graduate or professional degree | $61,855 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN LAREDO, TEXAS
| Population | Percent | |
| Population 15+ years | 184,763 | NA |
| Never married | 67,093 | 36.3% |
| Now married (except separated) | 88,322 | 47.8% |
| Separated | 6,405 | 3.5% |
| Widowed | 8,917 | 4.8% |
| Divorced | 14,026 | 7.6% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN LAREDO, TEXAS
| Population | Percent | |
| Living beneath poverty line | 74,018 | 29.1% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN LAREDO, TEXAS
| Owner-occupied housing units | 43,348 |
| Renter-occupied housing units | 26,560 |
| Single-family detached units | 49,476 |
| Homeownership rate | 62.0% |
| Vacancy rate | 8.4% |
| Renters rate | 38.0% |
| Average housing value | $144,589 |
| Average monthly owner cost (with mortgage) | $814 |
| Average rent | $687 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN LAREDO, TEXAS
| Average income | $60,911 |
| Average household size | 3.64 |
| Percent population 16 years and over in labor force | 59.5% |
| Percent disabled | 11.4% |
| Percent with health coverage | 72.0% |
| Average travel time to work (in minutes) | 21.1 |
| Percent workers using public transportation | 1.0% |
| Percent veterans | 2.9% |
| Percent foreign born | 26.2% |
| Percent speaking Spanish at home | 33.6% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN LAREDO, TEXAS
| Total consumer expenditures per household | $52,821.53 |
| Alcoholic beverages | $401.58 |
| Alcoholic beverages consumed at home | $248.87 |
| Beer consumed away from home | $64.49 |
| Wine consumed away from home | $32.79 |
| Apparel & services | $1,591.79 |
| Men’s apparel | $311.62 |
| Women’s apparel | $504.30 |
| Children’s apparel | $266.58 |
| Boys’ apparel | $87.60 |
| Girls’ apparel | $103.09 |
| Footwear | $369.78 |
| Dining out (food away from home) | $2,736.59 |
| Dining out – Breakfast | $288.61 |
| Dining out – Lunch | $877.28 |
| Dining out – Dinner | $1,249.86 |
| Education | $1,015.33 |
| Entertainment / recreation | $2,223.96 |
| Club membership fees | $154.16 |
| Dating services | $0.47 |
| Pet food | $174.30 |
| Pet services | $46.99 |
| Food consumed at home | $3,738.59 |
| Bakery products consumed at home | $484.04 |
| Dairy products consumed at home | $371.40 |
| Fruits and vegetables consumed at home | $738.91 |
| Meat, poultry, fish, eggs consumed at home | $852.14 |
| Nonalcoholic beverages consumed at home | $369.06 |
| Snacks / other food products consumed at home | $1,292.10 |
| Health care | $4,029.57 |
| Medical services | $761.18 |
| Nonprescription drugs | $99.10 |
| Household Services | $1,433.94 |
| Care for the elderly and handicapped | $37.74 |
| Lawn and garden services | $308.08 |
| Housekeeping services | $137.04 |
| PC repair | $4.67 |
| Housing | $16,648.51 |
| Home improvements | $1,819.91 |
| Utilities, fuel, and public services | $3,576.02 |
| Phone services | $1,306.22 |
| Water | $595.63 |
| Life and other insurance | $280.87 |
| Pensions and social security | $5,642.71 |
| Personal care products and services | $645.42 |
| Hair care products | $79.25 |
| Personal care products | $267.88 |
| Local transportation | $6,303.79 |
| Gasoline | $1,707.72 |
| Vehicle maintenance and repair | $796.41 |
| Travel | $1,502.89 |
| Airline fares | $374.30 |
| Auto / truck rental on trips | $17.40 |
| Lodging on trips | $396.56 |
| Food and drink on trips | $362.98 |
| Entertainment on trips | $130.40 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN WEBB COUNTY (home to LAREDO, TEXAS)
| % with any debt in collections | 51% |
| Average debt in collections | $1,764 |
| % with medical debt in collections | 21% |
| Average medical debt in collections | $1,184 |
| % with student loan debt | 12% |
| Average student loan debt | $11,751 |
| Average monthly student loan payment | $132 |
| % with auto debt | 28% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN LAREDO, TEXAS
| Year | Population | Percent |
| January 2019 | 4,724 | 4.2% |
| February 2019 | 4,463 | 3.9% |
| March 2019 | 4,217 | 3.7% |
| April 2019 | 3,618 | 3.2% |
| May 2019 | 3,805 | 3.4% |
| June 2019 | 4,481 | 3.9% |
| July 2019 | 4,552 | 4.0% |
| August 2019 | 4,229 | 3.7% |
| September 2019 | 3,843 | 3.4% |
| October 2019 | 3,860 | 3.4% |
| November 2019 | 3,984 | 3.5% |
| December 2019 | 4,061 | 3.6% |
| January 2020 | 4,673 | 4.1% |
| February 2020 | 4,503 | 3.9% |
| March 2020 | 6,264 | 5.5% |
| April 2020 | 13,906 | 13.4% |
| May 2020 | 15,386 | 14.1% |
| June 2020 | 10,748 | 9.8% |
| July 2020 | 10,205 | 9.2% |
| August 2020 | 8,989 | 7.9% |
| September 2020 | 10,489 | 9.3% |
| October 2020 | 8,558 | 7.7% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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