Income and Poverty in Laredo, TX
When analyzed against other Metropolitan Statistical Areas in the US, the Laredo metro area had a very low median income for households of $32,877 (2005 Dollars). This median is 42.1 percent lower than the median income in State of Texas of $46,715 and this is 49.4 percent lower than the median for the rest of the nation, which is a reported $49,133.
As the median income level saw a decline since 2000 in the Laredo, TX metro area, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 6.8 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Laredo, encountering a 78.4 percent increase in household income, since the reported levels in 2000.
Hispanic in Laredo, TX , according to the 2000 census, had a median household income of $31,554, this median household income is 4 percent less than the reported median household income for all households in the area. In Laredo, TX White headed households reported a median household income (2005 Dollars) of $32,823 as reported by the Decennial Census of 2000, which was 0.2 percent less than the median income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $58,825. This income level is 78.9 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native householders in Laredo reported an income level of $30,713, this level was 6.6 percent less than the areas median level for all households. Black or African American headed households had median income levels that were 14.7 percent greater than the overall median reported in 2000, with a reported median of $37,721.
The rate of poverty in the Laredo, TX Metro has increased by 0.2 percent since the amount published in 2000, moving from 31.2 percent to 31.4 percent.
The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $31,763, which represents a 3.4 percent decline. The Laredo, TX MSA, in terms of percentage of decline, ranks 20 of 22 metro area in percent of decline for income levels in the State of Texas. Laredo ranks 204 of 233 metro area when analyzing the decline in household income across the nation.
When put side-by-side with other Metros throughout the United States, the Laredo metro area may be understood as having a very high poverty rate amid the residents with a poverty rate of 31.2 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 42.6 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Laredo, having 40.9 percent of this age cohort living in poverty.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
As the median income level saw a decline since 2000 in the Laredo, TX metro area, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 6.8 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Laredo, encountering a 78.4 percent increase in household income, since the reported levels in 2000.
Hispanic in Laredo, TX , according to the 2000 census, had a median household income of $31,554, this median household income is 4 percent less than the reported median household income for all households in the area. In Laredo, TX White headed households reported a median household income (2005 Dollars) of $32,823 as reported by the Decennial Census of 2000, which was 0.2 percent less than the median income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $58,825. This income level is 78.9 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native householders in Laredo reported an income level of $30,713, this level was 6.6 percent less than the areas median level for all households. Black or African American headed households had median income levels that were 14.7 percent greater than the overall median reported in 2000, with a reported median of $37,721.
The rate of poverty in the Laredo, TX Metro has increased by 0.2 percent since the amount published in 2000, moving from 31.2 percent to 31.4 percent.
The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $31,763, which represents a 3.4 percent decline. The Laredo, TX MSA, in terms of percentage of decline, ranks 20 of 22 metro area in percent of decline for income levels in the State of Texas. Laredo ranks 204 of 233 metro area when analyzing the decline in household income across the nation.
When put side-by-side with other Metros throughout the United States, the Laredo metro area may be understood as having a very high poverty rate amid the residents with a poverty rate of 31.2 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 42.6 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Laredo, having 40.9 percent of this age cohort living in poverty.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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