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Area data

Laredo, TX — ZIP 78040

Population: 35,709 (Census ACS)

Home values & appreciation

Median home value
$139,412
1-year appreciation
+4.4%
3-year appreciation
-9.8%
5-year appreciation
-8.2%
10-year appreciation
+22.0%
All-time peak (2023-06)
$155,186
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$263,998
Median list price
$365,000
Median days on market
65 days
Active listings
15
1-year forecast
-1.4%
New listings (monthly)
7

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,640/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
10
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, heatWave, hail, hurricane, iceStorm
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
75.0°F
Average high
86.0°F
Average low
64.0°F
Annual precipitation
21.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
227

Walkability & transit

Walkability index
13.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Laredo International Airport (LRD) (3 mi)
Nearest major airport
Laredo International Airport (LRD) (3 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Good (5.1 kWh/m²/day)

Migration

Net migration
-1,247 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$1,898
Mean commute to work
19 min
Households with broadband internet
57.2%

Employment & development

Total county employment
82,405
Average weekly wage
$770
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,448

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents