Laredo, TX

LAREDO, TEXAS: Demographic and Financial Snapshot

(Last updated on 1.6.21)

 

AGE IN LAREDO, TEXAS

Age RangePopulationPercent
20 to 24 years20,6978.0%
25 to 29 years17,9917.0%
30 to 34 years16,6926.5%
35 to 39 years17,3226.7%
40 to 44 years16,6816.5%
45 to 49 years15,7996.1%
50 to 54 years13,1475.1%
55 to 59 years11,5454.5%
60 to 64 years9,7403.8%
65 to 69 years7,4592.9%
70 to 74 years6,0922.4%
75 to 79 years3,8691.5%
80 to 84 years2,6751.0%
85+ years3,0481.2%

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

EthnicityPopulationPercent
White245,63295.4%
Black or African American1,1340.4%
American Indian and Alaska Native4510.2%
Asian1,3610.5%
Native Hawaiian and Other Pacific Islander330.0%
Other7,5612.9%

Source: US Census; https://data.census.gov/cedsci
Survey/Program
: American Community Survey (2018 estimates)
Data Point
: Race

 

EDUCATION IN LAREDO, TEXAS

Education LevelPopulationPercent
Less than 9th grade25,43117.9%
9th to 12th grade, no diploma19,60613.8%
High school graduate (includes GED)37,55126.4%
Some college, no degree23,23716.4%
Associate’s degree9,4106.6%
Bachelor’s degree18,96913.4%
Graduate or professional degree7,8565.5%
High school graduate or higher97,02368.3%
Bachelor’s degree or higher26,82518.9%
Less than Bachelor’s degree115,23581.1%

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 IncomePercent
Less than $10,00011.7%
$10,000 to $14,9997.1%
$15,000 to $24,99911.9%
$25,000 to $34,99911.3%
$35,000 to $49,99913.8%
$50,000 to $74,99916.1%
$75,000 to $99,99910.2%
$100,000 to $149,99911.3%
$150,000 to $199,9993.4%
$200,000 or more3.1%

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 LevelAverage 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

 PopulationPercent
Population 15+ years 184,763 NA
Never married67,09336.3%
Now married (except separated)88,32247.8%
Separated6,4053.5%
Widowed8,9174.8%
Divorced14,0267.6%

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

 PopulationPercent
Living beneath poverty line74,01829.1%

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 units43,348
Renter-occupied housing units26,560
Single-family detached units49,476
Homeownership rate62.0%
Vacancy rate8.4%
Renters rate38.0%
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 size3.64
Percent population 16 years and over in labor force59.5%
Percent disabled11.4%
Percent with health coverage72.0%
Average travel time to work (in minutes)21.1
Percent workers using public transportation1.0%
Percent veterans2.9%
Percent foreign born26.2%
Percent speaking Spanish at home33.6%

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 collections51%
Average debt in collections$1,764
% with medical debt in collections21%
Average medical debt in collections$1,184
% with student loan debt12%
Average student loan debt$11,751
Average monthly student loan payment$132
% with auto debt28%

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

YearPopulationPercent
January 20194,7244.2%
February 20194,4633.9%
March 20194,2173.7%
April 20193,6183.2%
May 20193,8053.4%
June 20194,4813.9%
July 20194,5524.0%
August 20194,2293.7%
September 20193,8433.4%
October 20193,8603.4%
November 20193,9843.5%
December 20194,0613.6%
January 20204,6734.1%
February 20204,5033.9%
March 20206,2645.5%
April 202013,90613.4%
May 202015,38614.1%
June 202010,7489.8%
July 202010,2059.2%
August 20208,9897.9%
September 202010,4899.3%
October 20208,5587.7%

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)