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

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Highlights
- Household income in Memphis, is 21% less than it is in Laredo and is 57% below the National Average.
- Laredo unemployment rate is 7.9%.
- Memphis unemployment rate is 8.0%.
 Laredo, TXMemphis, TNUnited States
 Unemployment Rate  Unlock8.0%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$43,981$69,021
 Family Median Income$60,644  Unlock$85,028
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 Est. Households By Income
 Laredo, TXMemphis, TNUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K5.7%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K8.6%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K12.9%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K4.1%  Unlock7.8%
 Income greater than 200K  Unlock4.7%9.5%
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 Population By Occupation
 Laredo, TXMemphis, TNUnited States
 Management, business, finance11.0%  Unlock16.4%
 Engineering, computers, science  Unlock3.7%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology4.0%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement4.8%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance5.2%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support26.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair9.5%  Unlock8.1%
 Production, transportation, material moving  Unlock20.7%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 Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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