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Laredo Ranchettes West

Learn about the people, housing, costs and businesses in Laredo Ranchettes West, Texas

Median Home$202,800
Median Rent$1,429/month
Population7
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education21% healthcare
Home Value Growth⬆⬆⬆+28.1% over 2 years
Young Adults30% of residentsabove average nationally
NotableHighly Educated30% bachelor's · 23% graduate · top 9% nationally
NotableTransit84/100 · excellent transit access
Laredo Ranchettes West
TX

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Frequently Asked Questions

What are today's mortgage rates in Laredo Ranchettes West?

As of today, the 30-year fixed mortgage rate for Laredo Ranchettes West is approximately 6.847% (6.881% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Laredo Ranchettes West?

The median home value in Laredo Ranchettes West is $203k. The median monthly rent is $1,429. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laredo Ranchettes West?

Home values in Laredo Ranchettes West have increased 28.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Laredo Ranchettes West?

Based on a typical all-in ownership cost of $1,035/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laredo Ranchettes West is $77k/year.

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What industries drive the economy in Laredo Ranchettes West?

The largest employment sectors in Laredo Ranchettes West are public administration (26%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.