Laredo Ranchettes West, TX Profile: Facts & Data

The Laredo Ranchettes West CDP⁽¹⁾ had a population of 6 as of July 1, 2024. Laredo Ranchettes West ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The Laredo Ranchettes West Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Laredo Ranchettes West Census Designated Place is located within Laredo South-El Cenizo Division of Webb County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Laredo Ranchettes West, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	6 (100%)
Population in Households	6 (100.0%)
Population in Families	5 (83.3%)
Population in Group Quarters¹	0
Population Density	83
Diversity Index²	61


INCOME
Median Household Income	$45,000
Average Household Income	$56,247
% of Income for Mortgage⁴	0%
Per Capita Income	$18,749
Wealth Index⁵	28
Socioeconomic Status Index⁶	Low ( 0.0)

HOUSING
Total HU (Housing Units)	2 (100%)
Owner Occupied HU	2 (100.0%)
Renter Occupied HU	0
Vacant Housing Units	0
Median Home Value	$100,000
Average Home Value	$100,000
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	2
Average Household Size	3.00
Family Households	1
Average Family Size	5.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Laredo Ranchettes West, TX - Peer Comparisons by Rank and Percentile

The table below compares Laredo Ranchettes West to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	4.38%	0.00%
Households	0.00%	0.00%
Families		14.87%
Median Household Income		-3.58%
Per Capita Income		1.52%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 1855	0th
Population Density	# 1727	7th
Median Household Income	# 1549	17th
Housing Affordability Index	# 180	10th
Per Capita Income	# 1669	10th
Diversity Index	# 1229	34th

Laredo Ranchettes West, TX Profile: Facts & Data

Laredo Ranchettes West, Texas - Basic Facts

Laredo Ranchettes West, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Laredo Ranchettes West, TX - Peer Comparisons by Rank and Percentile

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