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Laredo, TX 78040 has a population of approximately 42,324 and experiences a population change rate of -2.06%. The population density is 6,717 / sq mi .
The median household income for Laredo, TX 78040 is $29,836, with 11,316 households and an average household size of 3.26.
The median value of a home in Laredo, TX 78040 is $103,000 with an appreciation rate of 17.40%. 36.13% of housing in the state is owned while 47.41% is rented.
The cost of living in Laredo, TX 78040 is 79.2 %.
The unemployment rate in Laredo, TX 78040 is 3.80%, and recent job growth is at 1.80%. Future job growth is projected at 40.34%.
The sales tax rate in Laredo, TX 78040 is 8.25%, while the income tax rate is 0.00% .
School expenditures in Laredo, TX 78040 are $12,219, and the school ratio is 14.8:1.
The average high temperature in July is 98.8 degrees, with an average low temperature in January of 45.2 degrees. The average rainfall is approximately 21.2 inches per year, with 0 inches of snow per year.