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This question is about Laredo, TX.
What is a good salary in Laredo, TX?
A good salary in Laredo, TX is anything over $33,000. That's because the median income in Laredo is $33,000, which means if you earn more than that you're earning more than 50% of the people living in Laredo. The average salary in Laredo is $38,622.
A good hourly wage in Laredo is $15.87 per hour. That works out to a good weekly wage of $634 per week and a good monthly wage of $2,750 per month. However, using the median income is only one way to calculate a good salary in Laredo.
Another way to calculate a good salary in Laredo is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $129,900, a good salary in Laredo would be $25,980.
Lastly, we can determine a good salary in Laredo by looking at the cost of living and comparing it to the US average salary. The cost of living in Laredo is 19% lower than than the national average. The national average salary is $56,310, so a good salary in Laredo is anything over $45,048 by this measure.
Average Annual Salary in Laredo, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $17,000 | $1,416 | $326 | $8.17 |
| 25th | $23,000 | $1,916 | $442 | $11.06 |
| Median | $33,000 | $2,750 | $634 | $15.87 |
| 75th | $47,000 | $3,916 | $903 | $22.6 |
| 90th | $65,000 | $5,416 | $1,250 | $31.25 |
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