Average Legal Occupations Salary in Laredo, TX
In Laredo, TX, professionals in Legal Occupations can expect an average annual salary of $91,910. This figure is notably lower than the national average of $143,370, reflecting the unique economic landscape and demand specific to the Laredo region. Local market dynamics, including industry concentration and regional economic factors, play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $91,910 per year.
- Growth Trend: Salaries have shifted 6.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,730.
- Outlook: The legal job market in Laredo, TX, comprises a total local workforce of 480 individuals within Legal Occupations. With a Location Quotient of 0.54, the concentration of these roles is below the national average, suggesting a less saturated but potentially developing market. The rate of 4.487 jobs per 1,000 workers indicates a steady presence, though not a dominant one, within the local employment ecosystem.
Salary Overview
The average Legal Occupations in Laredo, TX earns-35.9%below the national average.
$44.2
$1,768
$7,659
Legal Occupations Salary Trends (2020-2024)
While specific historical data for Laredo's legal sector isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and increased demand for legal services often correlate with upward adjustments in compensation, even in localized markets. Continued investment and development in the region could further bolster salary increases for legal professionals.
Legal Occupations Salary Distribution in Laredo, TX
Salary progression for Legal Occupations in Laredo, TX, typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles and specialized legal experts command higher earnings, reflecting increased responsibility and expertise. The gap between the 25th and 75th percentile salaries signifies the potential for substantial career advancement and earning growth within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Legal AssistantResearch, drafting documents, case support. | 10% (Entry) | $37,130 | $17.9 |
| AssociateHandling depositions, smaller cases independently. | 25% (Junior) | $68,933 | $33.1 |
| Senior AssociateLead on cases, client management, trial experience. | 50% (Median) | $80,220 | $38.6 |
| Counsel / PartnerBusiness development, specialized high-stakes cases. | 75% (Senior) | $114,888 | $55.2 |
| Managing PartnerFirm leadership. Executive strategy. | 90% (Expert) | $166,730 | $80.2 |
Detailed Legal Occupations Market Analysis
Relocation Context
Nominal Salary
$91,910
Gross Pay
Real Wage (Purchasing Power)
$91,910
Adjusted for COL (100)
The average annual salary of $91,910 in Laredo, TX, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary in Laredo is equivalent to the national average. Consequently, the $91,910 earned locally offers a comparable standard of living to what a higher salary might provide in a more expensive city.
Job Market Context
480
Total Jobs
4.487
Per 1K Jobs
0.54
Location Quotient
Laredo, TX has 0.54x the national average concentration of Legal Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.54, Legal Occupations are less concentrated in Laredo, TX, compared to the national average. This suggests that the job market may be less competitive in terms of the sheer number of legal professionals vying for positions. While this could indicate fewer opportunities overall, it also presents a potential advantage for skilled individuals seeking employment, as their expertise might be more in demand relative to the local supply.
Nearby Job Markets
Hiring Legal Occupationss?
Frequently Asked Questions
How much does a Legal Occupations make in Laredo, TX?
The median annual salary for a Legal Occupations in Laredo, TX is $91,910. This typically ranges from $37,130 for entry-level positions to $166,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Laredo, TX is 35.9% lower than the national median of $143,370.
Is Laredo, TX a lucrative place for Legal Occupationss?
No, Laredo, TX is not as lucrative for Legal Occupations as the national average.The average salary of $91,910 is significantly below the national average of $143,370. However, the cost of living is also at the national average, meaning the lower salary offers equivalent purchasing power locally.
Is Laredo, TX a good place to live for Legal Occupations?
The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.
How does Laredo's legal job market compare to the national concentration?
Laredo's legal job market has a Location Quotient of 0.54, indicating that the concentration of Legal Occupations is about half that of the national average. This suggests a less saturated market for legal professionals in the area.
What is the average salary for Legal Occupations in Laredo, TX?
The average annual salary for Legal Occupations in Laredo, TX, is $91,910.
How does the cost of living in Laredo, TX affect the salary?
Laredo, TX has a Cost of Living Index of 100, which is the national average. This means the $91,910 salary provides a standard of living comparable to the national average, despite being lower than the national salary average.
What is the total number of Legal Occupations professionals in Laredo, TX?
There are approximately 480 individuals employed in Legal Occupations within the Laredo, TX workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Laredo, TX area with a job density of 4.487 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Legal Occupations • Data source: BLS OEWS 2024 •Jobs in Laredo, TX