Laredo, TX Real Estate
According to census data in the year 2000 there were 50,360 housing units in Laredo.
This represents a 48.1% growth from 33,998 in 1990.
Of those housing units, 49,834 were located in either urbanized areas or urban clusters, and 526 were located in what is classified as a rural area.
Homeownership rate in Laredo is about 64.4%.
Laredo's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 3.71 people.
The majority of houses, apartments or condos in Laredo were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.80% |
| One Bedroom | 16.50% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 38.50% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.87 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $77,900 |
| Median Price asked for vacant units | $87,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.4 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $380 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.70% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 51.90% |
| Debt Free | 43.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
