Interested in purchasing investment houses in the 78040 zip code in Laredo, TX?
The zip code 78040 is in Webb county with a latitude of -99.502280000000 and longitude of 27.513450000000, is in the state of Texas. The average asking price of houses and condos is $127,500.00 and the average sale price was $39,000.00. this regions is classified as the Laredo metro area. The location in degrees is 27° 30' 48.42" N, 99° 30' 8.208" W. The county F.I.P.S. is 48479. The total land area is 6.3 square miles and the water area is 0.1 square miles. The elevation in this area is 390 - 420 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78040 is in county number 029 and is L. Sector 20, L. Segment 72, H. Sector 72, and H. Segment 72. The population was 41,385 in 2019 and 42,083 in 2010. This further breaks down to 20,074 males (48.5%) and 21,311 females (51.5%). The median age of residents is 28.9 years. The population of the greater Laredo, TX area is 248,863. The population density (people per square mile) is 6,569. This zip code has a combined total of 13,765 houses and condos. There are 6,637 rented appartments. 57% of residents rent versus the 57% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $24,824 and the average salary is $23,188. The median household income of individuals is $21,991.00 and the average is $27,430.00. This zip code has a mean commute time to work of 20.7 minutes. The unemployment rate is 5.6%. Income earners by percent breakdown as 83.40% (Under $50,000), 13.50% ($50,000-$100,000), and 3.10% earn over $100,000. 40.1% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 83.0. The educational breakdown is 50.7% have a high school education or higher, 7.9% have a bachelor's degree or higher, and 1.7% have some kind of profesional degree.
This area has 11,955 households and the average size is 3.5 people. Individuals who are single and have never been married are 38.5%, 40.3% are now married, 4.2% are separated, 8.0% are widowed, and 9.0% are divorced. The average yearly contribution amount given by people to charity was $2,649 versus the state average of $6,808. The percent of residents who gave to charity was 3.5%.
The estimated median value of houses and condos is $85,695. The median monthly owner costs of mortgage holders was $1,098, where as the costs for those who don't have a mortgage are $394. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $1,538. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 2.5% which amounted to an average tax amount of $2,482. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,372. Reported taxable interest for persons was $961, dividends $10,168, capital gains +$8,335, and itemized deductions $18,333. The average earned income tax credit is $3,238. The percent of individuals that use a tax preparer is 56.5%. The total average income taxes paid by individuals was $3,907. Businesses reported an average profit of $9,017.
The Tack Room Bar & Grill
1000 Zaragoza St, Laredo, TX 78040
Zaragoza Grill
1000 Zaragoza St, Laredo, TX 78040
Taquitos Ravi Restaurant
2919 San Bernardo Ave, Laredo, TX 78040
China Border
802 San Bernardo Ave, Laredo, TX 78040
Charlie's Corona of Laredo
3902 San Bernardo Ave, Laredo, TX 78041 (2.9 miles away)
Raul's BBQ
1820 S Zapata Hwy, Laredo, TX 78046 (7.8 miles away)
Johnny Rockets
7718 McPherson Unit #105 Pad G, Laredo, TX 78045 (10.1 miles away)
Chief's Restaurant
6908 State Highway 359, Laredo, TX 78043 (17.9 miles away)
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