2025 Compare Cities Economy:
Grayslake, IL vs Laredo, TX

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Highlights
- Household income in Laredo, is 49% less than it is in Grayslake and is 24% below the National Average.
- Grayslake unemployment rate is 6.4%.
- Laredo unemployment rate is 7.9%.
 Grayslake, ILLaredo, TXUnited States
 Unemployment Rate  Unlock7.9%6.0%
 Recent Job Growth  Unlock1.1%1.6%
 Future Job Growth32.8%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$50,354  Unlock$37,638
 Household Income  Unlock$55,603$69,021
 Family Median Income$129,890  Unlock$85,028
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 Est. Households By Income
 Grayslake, ILLaredo, TXUnited States
 Income Less Than 15K  Unlock13.1%9.4%
 Income between 15K and 20K2.2%  Unlock3.8%
 Income between 20K and 30K  Unlock9.8%8.1%
 Income between 30K and 40K3.3%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K4.2%  Unlock7.2%
 Income between 60K and 75K  Unlock10.2%9.6%
 Income between 75K and 100K15.1%  Unlock12.8%
 Income between 100K and 150K  Unlock15.6%16.3%
 Income between 150K and 200K13.6%  Unlock7.8%
 Income greater than 200K  Unlock4.0%9.5%
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 Population By Occupation
 Grayslake, ILLaredo, TXUnited States
 Management, business, finance22.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.0%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library9.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology7.0%  Unlock6.2%
 Healthcare support  Unlock4.1%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock6.4%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock1.8%2.6%
 Sales, office, administrative support26.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock15.1%13.1%
Reviews for Grayslake    3 Reviews

Over 11 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Over 15 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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Reviews for Laredo    16 Reviews

Over 9 years ago

The only occupation that is growing, in my opinion, is the transportation / trucking industry. I worked in that field for 18 yrs. and take it from me, unless you are the  More

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If you like DRY, ARID HEAT, Laredo is for you. Now I'm not talking beach heat with a warm tropical breeze blowing over the palm trees and toseling your hair as you play  More

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Over 13 years ago

Laredo could be a better city if only it embraced a diverse population. It could grow into a beautiful and attrative if it did that and built the infrastructures that  More

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