Laredo Texas is a growing city, and Laredo's Top Businesses for 2021 are the best of Laredo TX. Lately Laredo has been making headlines with big companies coming into the area creating many job opportunities. There are three main employers in Laredo: Lufkin Industries, Inc., Alcoa Fastening Systems LLC and Valero Energy Corp. All 3 companies have opened up new positions in Laredo as they continue to grow their business locally.
The average cost of living in Laredo is low compared to other cities like Dallas or Houston which makes it an attractive location for people looking to start over with a new company or relocate from another place such as California where people are tired of paying higher costs for homes and have lower take home pay due to high taxes. The average cost of a home in Laredo is around $130,000 which is considerably lower than other metropolitan areas in Texas. Laredo also has a low unemployment rate of about 2%.
Many Laredo businesses have been able to grow because they offer benefits that will make it more attractive for people to move and companies such as Lufkin Industries offers relocation assistance for employees who they hire from out of town. Keep in mind they aren't the only ones, as many major companies are currently looking to the Laredo area to build satellite offices. The largest crime scene cleanup company Actremediation Texas LLC has just opened a branch office in Laredo Texas.
What else makes Laredo a great place to live and work? Laredo, Texas has a low cost of living and no state income tax. Laredo is also in the top five for lowest property taxes in all of Texas. More money in everyone's pocket is a big plus for those living in this next Boom Town. If you are considering a new place to move to you may want to think about Laredo. From great job opportunity to lower tax rates and in some cases even lower overall cost of living, Laredo is starting to look like a great place to call home.