Zip 78043 (Laredo, TX) Economy


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Laredo, TX (78043) is a thriving city on the US-Mexico border. With a population of around 250,000 people, it has seen steady growth in recent years. The two bedroom rent in Laredo is $1,010 per month which is cheaper than the US average of $1,430 for the same size. The Grocery Cost Index for Laredo is 92 versus 100 for the US average, making groceries more affordable for residents. Some local companies worth noting include Astar Waste Disposal, Sharky's Tire Shop and Best Western Plus Laredo Inn & Suites. All are well respected businesses that offer services to both residential and commercial customers.

Laredo (zip 78043) has an unemployment rate of 7.9%. The US average is 6.0%.

Laredo (zip 78043) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.

Tax Rates for Laredo (zip 78043)
- The Sales Tax Rate for Laredo (zip 78043) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Laredo (zip 78043) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Laredo (zip 78043)
- The average income of a Laredo (zip 78043) resident is $12,543 a year. The US average is $28,555 a year.
- The Median household income of a Laredo (zip 78043) resident is $50,190 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaredo, TexasUnited States
  7.96
  -6.8%-6.2%
  33.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $17,519$37,638
  $50,190$69,021
  $53,155$85,028
  Population by Occupation
  0.2%1.2%
  3.0%0.5%
  7.8%6.8%
  2.9%10.0%
  2.7%2.5%
  18.3%11.0%
  10.7%4.8%
  0.6%0.8%
  0.8%1.9%
  1.8%4.7%
  0.3%1.9%
  2.8%7.6%
  0.0%0.1%
  5.7%4.2%
  9.7%9.3%
  11.8%14.0%
  0.5%2.1%
  9.3%7.0%
  5.6%4.8%
  5.6%4.7%
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