Laredo, TX
Population 255,949 · Texas
About Laredo, TX
Laredo is a major city located in Texas with a population of 255,949 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,264 per year, which is 16% below the national median of $75,149. The median age of 29.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Laredo features a median home value of $182,400, which is 26% below the national median of $244,900. This positions Laredo in a moderately priced market relative to the rest of the country. Median monthly rent is $1,001, 14% below the national average of $1,163/month. Of the 82,410 total housing units, 63% are owner-occupied (48,300 units) and 37% are renter-occupied (27,959 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Laredo shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Laredo have an average one-way commute time of 21.3 minutes.
Education & Demographics
21.5% of Laredo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 90.3% White, 0.6% Hispanic or Latino, 0.3% Black or African American, and 4.5% Asian residents, with 25.4% of the population being foreign-born.
How Laredo Ranks in Texas
Cost of Living in Laredo, TX
Compared to national averages, Laredo has a median household income of $63,264 (16% below the national median of $75,149). Home values average $182,400, which is 26% below the national median. Monthly rent at $1,001 is 14% below the US average of $1,163. Within Texas, Laredo's income is 13% below the state average of $72,726, and home values are 14% below the state median of $211,769.
Why Live in Laredo, TX?
Laredo offers affordable housing with a median home value of $182,400, below the US average of $244,900, and rent that’s lower than the national average at $1,001/month, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($63,264) that falls below the national average. However, as a major city, Laredo provides access to a wide range of amenities and services.
Laredo has a population of 255,949 with a median age of 29.7 years. Compare Laredo with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Laredo
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Irving | 255,036 | $79,641 | $287,300 | Compare |
| Lubbock | 261,078 | $60,487 | $197,900 | Compare |
| Garland | 245,298 | $74,717 | $248,900 | Compare |
| Plano | 287,339 | $108,649 | $440,600 | Compare |
| Frisco | 210,238 | $146,158 | $595,400 | Compare |
| McKinney | 202,314 | $120,273 | $439,500 | Compare |
| Amarillo | 200,945 | $62,469 | $186,800 | Compare |
| Grand Prairie | 198,564 | $78,889 | $272,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Laredo With Other Cities
Frequently Asked Questions about Laredo
What is the population of Laredo, TX?
The population of Laredo, TX is 255,949 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Texas.
What is the median household income in Laredo?
The median household income in Laredo, TX is $63,264 per year, which is 16% below the national median of $75,149.
What is the median home value in Laredo?
The median home value in Laredo, TX is $182,400, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Laredo?
The median monthly rent in Laredo, TX is $1,001, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Laredo?
The unemployment rate in Laredo, TX is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Laredo, TX a good place to live?
Laredo offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 255,949 and a median age of 29.7, the city appeals to young professionals and families.
How educated is Laredo, TX?
21.5% of residents in Laredo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Laredo?
Key cost-of-living indicators for Laredo, TX: median home value is $182,400 (26% below national), median rent is $1,001/month, and median household income is $63,264. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Laredo?
The poverty rate in Laredo, TX is 20.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Laredo, TX?
Laredo's population is 90.3% White, 0.6% Hispanic or Latino, 0.3% Black or African American, 4.5% Asian, and 0.4% two or more races. 25.4% of residents are foreign-born.