Laredo TX vs Richmond VA — Cost of Living, Crime & Income Comparison 2026
Updated May 2026 · Source: US Census ACS 5-Year (2023), FBI CDE (2023), BLS OEWS (2024)
Laredo, TX
Texas · Population: 255,949
- Median HH Income$63,264
- Median Home Price$221,806
- Unemployment5.5%
- Bachelor's+21.5%
Richmond, VA
Virginia · Population: 227,595
- Median HH Income$62,671
- Median Home Price$374,265
- Unemployment6.0%
- Bachelor's+44.1%
Detailed Comparison
Demographics
Population
Laredo
255,949
Laredo +
Richmond
227,595
Pop. Density / sq mi
Lower = more space
Laredo
N/A
Richmond
N/A
Median Age
Laredo
29.7
Laredo +
Richmond
34.5
Foreign Born
Laredo
25.4%
Laredo +
Richmond
8.6%
White
Laredo
37.6%
Richmond
43.2%
Richmond +
Black
Laredo
0.5%
Richmond
42.0%
Richmond +
Asian
Laredo
0.5%
Richmond
2.1%
Richmond +
Hispanic
Laredo
95.2%
Laredo +
Richmond
10.3%
Spanish at Home
Laredo
N/A
Richmond
N/A
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Population | 255,949 | 227,595 | Laredo + |
| Pop. Density / sq miLower = more space | N/A | N/A | - |
| Median Age | 29.7 | 34.5 | Laredo + |
| Foreign Born | 25.4% | 8.6% | Laredo + |
| White | 37.6% | 43.2% | Richmond + |
| Black | 0.5% | 42.0% | Richmond + |
| Asian | 0.5% | 2.1% | Richmond + |
| Hispanic | 95.2% | 10.3% | Laredo + |
| Spanish at Home | N/A | N/A | - |
Economy
Median HH Income
Laredo
$63,264
Laredo +
Richmond
$62,671
Per Capita Income
Laredo
$24,584
Richmond
$44,249
Richmond +
Per Capita Personal Income (MSA)
BEA MSA-level
Laredo
$63,758
Richmond
$69,581
Richmond +
Unemployment Rate
Laredo
5.5%
Laredo +
Richmond
6.0%
Poverty Rate
Laredo
20.8%
Richmond
18.8%
Richmond +
Bachelor's Degree+
Laredo
21.5%
Richmond
44.1%
Richmond +
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Median HH Income | $63,264 | $62,671 | Laredo + |
| Per Capita Income | $24,584 | $44,249 | Richmond + |
| Per Capita Personal Income (MSA)BEA MSA-level | $63,758 | $69,581 | Richmond + |
| Unemployment Rate | 5.5% | 6.0% | Laredo + |
| Poverty Rate | 20.8% | 18.8% | Richmond + |
| Bachelor's Degree+ | 21.5% | 44.1% | Richmond + |
Housing
Median Home Value
Zillow ZHVI / Census ACS
Laredo
$221,806
Laredo +
Richmond
$374,265
Homeownership Rate
Laredo
63.3%
Laredo +
Richmond
43.5%
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Median Home ValueZillow ZHVI / Census ACS | $221,806 | $374,265 | Laredo + |
| Homeownership Rate | 63.3% | 43.5% | Laredo + |
Safety
Violent Crime / 100K
FBI CDE (state-level est.)
Laredo
442
Richmond
240
Richmond +
Property Crime / 100K
FBI CDE (state-level est.)
Laredo
2339
Richmond
1726
Richmond +
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Violent Crime / 100KFBI CDE (state-level est.) | 442 | 240 | Richmond + |
| Property Crime / 100KFBI CDE (state-level est.) | 2339 | 1726 | Richmond + |
Health
Obesity Rate
CDC PLACES
Laredo
42.2%
Richmond
36.7%
Richmond +
Diabetes Rate
CDC PLACES
Laredo
16.4%
Richmond
12.3%
Richmond +
Poor Mental Health
CDC PLACES — 14+ days/month
Laredo
17.3%
Laredo +
Richmond
18.8%
No Health Insurance
CDC PLACES
Laredo
35.7%
Richmond
10.7%
Richmond +
Binge Drinking
CDC PLACES
Laredo
16.2%
Richmond
16.2%
Tie
Current Smokers
CDC PLACES
Laredo
13.1%
Laredo +
Richmond
13.9%
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Obesity RateCDC PLACES | 42.2% | 36.7% | Richmond + |
| Diabetes RateCDC PLACES | 16.4% | 12.3% | Richmond + |
| Poor Mental HealthCDC PLACES — 14+ days/month | 17.3% | 18.8% | Laredo + |
| No Health InsuranceCDC PLACES | 35.7% | 10.7% | Richmond + |
| Binge DrinkingCDC PLACES | 16.2% | 16.2% | Tie |
| Current SmokersCDC PLACES | 13.1% | 13.9% | Laredo + |
Climate
Avg Annual Temp
NOAA 1991–2020 normal
Laredo
74.2°F
Richmond
58.9°F
Richmond +
Annual Precipitation
NOAA 1991–2020 normal
Laredo
20.2 in
Laredo +
Richmond
43.6 in
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Avg Annual TempNOAA 1991–2020 normal | 74.2°F | 58.9°F | Richmond + |
| Annual PrecipitationNOAA 1991–2020 normal | 20.2 in | 43.6 in | Laredo + |
Air Quality
PM2.5 Annual Avg
EPA AQS (state-level est.)
Laredo
9.2 µg/m³
Richmond
8.2 µg/m³
Richmond +
Good Air Days
AQI ≤ 50
Laredo
55.0%
Richmond
75.0%
Richmond +
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| PM2.5 Annual AvgEPA AQS (state-level est.) | 9.2 µg/m³ | 8.2 µg/m³ | Richmond + |
| Good Air DaysAQI ≤ 50 | 55.0% | 75.0% | Richmond + |
Commute
Mean Commute Time
Census ACS
Laredo
22.7 min
Laredo +
Richmond
23.6 min
| Metric | Laredo, TX | Richmond, VA | Better |
|---|---|---|---|
| Mean Commute TimeCensus ACS | 22.7 min | 23.6 min | Laredo + |
Which City is Right for You?
Laredo leads in median household income at $63,264, while laredo offers more affordable housing with a median home price of $221,806. On public safety, Richmond is safer with a violent crime rate of 240 per 100,000 residents, compared to 442 in Laredo. Laredo has a lower unemployment rate at 5.5%, and Richmond has cleaner air (PM2.5 avg 8.2 µg/m³). For overall health outcomes, Richmond scores better with a lower obesity rate of 36.7%.
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