2025 Compare Cities Economy:
Laredo, TX vs Lakeland, TN

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Highlights
- Household income in Lakeland, is 83% more than it is in Laredo and is 32% above the National Average.
- Laredo unemployment rate is 7.9%.
- Lakeland unemployment rate is 6.8%.
 Laredo, TXLakeland, TNUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth33.4%  Unlock33.5%
 Sales Taxes8.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$21,193  Unlock$37,638
 Household Income  Unlock$102,025$69,021
 Family Median Income$60,644  Unlock$85,028
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 Est. Households By Income
 Laredo, TXLakeland, TNUnited States
 Income Less Than 15K  Unlock3.1%9.4%
 Income between 15K and 20K5.7%  Unlock3.8%
 Income between 20K and 30K  Unlock3.5%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock3.5%7.6%
 Income between 50K and 60K8.6%  Unlock7.2%
 Income between 60K and 75K  Unlock8.6%9.6%
 Income between 75K and 100K12.9%  Unlock12.8%
 Income between 100K and 150K  Unlock26.7%16.3%
 Income between 150K and 200K4.1%  Unlock7.8%
 Income greater than 200K  Unlock17.4%9.5%
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 Population By Occupation
 Laredo, TXLakeland, TNUnited States
 Management, business, finance11.0%  Unlock16.4%
 Engineering, computers, science  Unlock4.8%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.4%2.0%
 Healthcare practitioners and technology4.0%  Unlock6.2%
 Healthcare support  Unlock1.5%3.3%
 Firefighters, law enforcement4.8%  Unlock2.1%
 Food preparation, serving  Unlock5.3%5.4%
 Building maintenance5.2%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support26.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair9.5%  Unlock8.1%
 Production, transportation, material moving  Unlock8.4%13.1%
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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Reviews for Lakeland    4 Reviews

We moved to the Memphis area short of 4 years ago. I can't imagine living anywhere else in the world! We live in a gorgeous and friendly lake community that is a  More

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Been living here for 11 years and looking to relocate. Memphis/Cordova has been good to us for the past years, but it's time to move  More

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Over 15 years ago

Lakeland is a great place to live....10 minutes from anything you would want to do. Reasonably priced homes and excellent tax  More

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