Laredo appears affordable relative to its own citywide benchmarks: median gross rent ($1,030/month) represents about 19% of median household income ($63,915/year), which is below the common 30% affordability threshold. However, this assessment relies solely on citywide aggregates and does not reflect neighborhood-level variation in costs, income, or housing quality.
Laredo at a glance
What the default budget models
A one-person renting household begins with a modeled annual core-cost baseline of $27,360. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.
| 2024 ACS population estimate | 257,619 |
| 2024 ACS median household income | $63,915 |
| 2024 ACS median gross rent | $1,030 |
| 2024 ACS median owner-occupied home value | $193,500 |
| Derived one-way commute estimate | 23 minutes |
| State-tax treatment | Excluded — official reference pending |
| Rent-to-income reference | 19% |
The trade-off
Relative strength: Rent-to-income ratio suggests affordability at the city level.. Watch closely: citywide averages may mask significant local cost and income disparities..
Compare Laredo
Frequently asked questions
Is Laredo Texas affordable to live in?
Based on 2024 ACS data, Laredo's median gross rent of $1,030 per month is about 19% of the median household income of $63,915 per year, which falls below the 30% benchmark often used for housing affordability. This suggests affordability at the citywide level, though actual conditions vary by neighborhood.
What is the median home value in Laredo Texas?
According to the 2024 ACS 5-year estimates, the median owner-occupied home value in Laredo, Texas (Census place GEO_ID 1600000US4841464) is $193,500. This figure reflects the midpoint of home values across all owner-occupied units in the city.
Source ledger
Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.
- PopulationU.S. Census Bureau · 2024 ACS 5-Year B01003
- Median household incomeU.S. Census Bureau · 2024 ACS 5-Year B19013
- Median gross rentU.S. Census Bureau · 2024 ACS 5-Year B25064
- Median owner-occupied home valueU.S. Census Bureau · 2024 ACS 5-Year B25077
- Commute-time distributionU.S. Census Bureau · 2024 ACS 5-Year B08303
Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.