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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