78043, Laredo, TX

The 78043 zip code of Laredo, TX is located in the southernmost part of the state and has a population of around 207,000. The median household income in this zip code is $41,000 which is lower than the statewide median household income of $53,046. The homeownership rate in this zip code is just over 63% which is lower than the statewide homeownership rate of 67%. The percentage of households that own their homes outright is just over 31% while the percentage that are owner-occupied but owe more on their mortgage than their home is worth is just over 18%.

Home prices in this zip code have been increasing at a much slower pace than home prices across Texas as a whole. In 2017, the median home price in this zip code was $127,500 which was higher than the statewide median home price of $119,500 but was still below the national median home price of $217,500. In 2018, however, the median home price in this zip code increased to $135,000 which was still below both the statewide median home price ($152,000) and national median home price ($236,700).