SalaryNode

Average Lawyers Salary in Laredo, TX

Lawyers in Laredo, Texas, earn an average annual salary of $121,740. This figure is notably lower than the national average of $194,940, reflecting the specific economic conditions and demand within the Laredo legal market. Local factors, including the size of the legal community and the types of legal services most in demand, significantly influence compensation levels.

Executive Summary

  • Average Salary: $121,740 per year.
  • Growth Trend: Salaries have shifted 15.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $196,980.
  • Outlook: The Laredo legal job market, with a total local workforce of 260 professionals, indicates a moderate presence of lawyers. The Location Quotient of 0.5 suggests that lawyers are less concentrated in Laredo compared to the national average, implying a potentially less saturated but also less robust demand for legal services relative to other professions.
2024 Market Data

Salary Overview

$121,740

The average Lawyers in Laredo, TX earns-37.6%below the national average.

BreakdownBased on 40h/week
Hourly

$58.5

Weekly

$2,341

Monthly

$10,145

Lawyers Salary Distribution in Laredo, TX

The salary trajectory for lawyers in Laredo, as in most markets, is strongly correlated with experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can achieve significantly higher earnings. The gap between the lower and upper salary percentiles signifies the substantial career progression and earning potential available within the legal profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$54,640$26.3
AssociateHandling depositions, smaller cases independently.25% (Junior)$91,305$43.9
Senior AssociateLead on cases, client management, trial experience.50% (Median)$107,820$51.8
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$152,175$73.2
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$196,980$94.7

Detailed Lawyers Market Analysis

Relocation Context

Nominal Salary

$121,740

Gross Pay

Real Wage (Purchasing Power)

$121,740

Adjusted for COL (100)

With an average annual salary of $121,740 and a Cost of Living Index of 100, lawyers in Laredo find their nominal earnings align precisely with the national average cost of living. This means that while the salary is below the national average, the purchasing power of that salary in Laredo is equivalent to the national average, offering a balanced financial standing.

Job Market Context

260

Total Jobs

2.43

Per 1K Jobs

0.5

Location Quotient

Below Average

Laredo, TX has 0.50x the national average concentration of Lawyers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.5 for lawyers in Laredo indicates that the profession is half as concentrated as the national average. This suggests that while there may not be an oversupply of legal professionals, the demand might also be proportionally lower or specialized, making it a market where establishing a niche could be beneficial.

Nearby Job Markets

Hiring Lawyerss?

Frequently Asked Questions

How much does a Lawyers make in Laredo, TX?

The median annual salary for a Lawyers in Laredo, TX is $121,740. This typically ranges from $54,640 for entry-level positions to $196,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Laredo, TX is 37.6% lower than the national median of $194,940.

Is Laredo, TX a lucrative place for Lawyerss?

No, Laredo, TX is not a lucrative place for Lawyers compared to the national average.The average lawyer salary in Laredo ($121,740) is significantly lower than the national average ($194,940). While the cost of living is at the national average, the lower salary means less disposable income compared to national benchmarks.

Is Laredo, TX a good place to live for Lawyers?

The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.

How does Laredo's lawyer salary compare to the national average?

The average annual salary for lawyers in Laredo, TX, is $121,740, which is considerably lower than the national average of $194,940.

What is the concentration of lawyers in Laredo, TX?

Laredo has a Location Quotient of 0.5 for lawyers, meaning the concentration of lawyers in the local workforce is half that of the national average.

How does the cost of living in Laredo affect a lawyer's salary?

Laredo's Cost of Living Index is 100, which is the national average. This means that the $121,740 salary has the same purchasing power in Laredo as the national average salary would have nationally.

What is the total number of lawyers in Laredo, TX?

There are approximately 260 lawyers employed in Laredo, TX, representing 2.43 jobs per 1,000 workers in the total workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Laredo, TX area with a job density of 2.43 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Lawyers • Data source: BLS OEWS 2024 •Jobs in Laredo, TX