According to WalletHub, Laredo is one of the most impoverished cities in the United States.
The financial services website examined the economic well-being and health and safety of 182 communities, including the 150 most populous in the United States. Poverty, unemployment, homelessness, food insecurity, suicide, and crime rates were among the 28 indicators.
Laredo is the 11th most impoverished city in the country, ranking 27th in terms of economic well-being and 12th in terms of health and safety.
Earlier this year, WalletHub recognized Laredo as the best big city in the United States for starting a business. The Gateway City, on the other hand, was named one of the “least entertaining” cities in the country, as well as one of the worst for singles.
This period, housing was a significant element in determining the economic well-being of individual cities.
One of the study’s key researchers, Joan Maya Mazelis, Ph.D., Associate Professor, Rutgers University-Camden, noted, “One of the biggest issues low-income families confront today is the absence of affordable housing.” “Of all their expenses, low-income families pay the most on housing, and what they can afford is frequently inadequate and insecure.” Many families discovered that pandemic rental aid was extremely difficult to obtain due to cumbersome application procedures that sometimes required the cooperation of landlords who were unsure whether or not participating was the best decision for them.”
In recent months, the city has acknowledged the need for more affordable housing, and attempts have been made to bring more to Laredo.
Laredo City Council unanimously agreed to create a Resolution of Support for the Brownstone Group for an affordable housing site at 1019 Hillside Road.
“At the location I described, our project comprises of 120 new construction units,” Brown added. “It’s a pretty attractive community, similar to the others we’ve built in Laredo.”
The Brownstone Group also stated that there have been two other affordable housing ideas in the community, but that they believe theirs is the best for the location they are targeting. According to the organization, the development they plan to build might have three times the number of units as the other options.
Aside from housing, Laredo’s insurance situation was noteworthy, since the city ranked second in the country for the number of uninsured residents.
This is also evidenced by the community’s history of being medically underserved. When it comes to health care, it is one of the most neglected cities in the country. The city is doing everything it can to solve the problem.
In an interview in October, Laredo Health Department Director Richard Chamberlain said, “We continue to attempt to overcome this and acquire as many services and initiatives on the health care side to bring into Laredo over the future years.”
While the city is striving to address the issue, it recognizes that it will need to be a focus for years to come.
While the position may be upsetting to Laredo residents, it is an improvement over the rankings from 2020, when Laredo was ranked fifth in the country and second in Texas behind Brownsville (No. 2). In 2021, the top three cities in the United States were Detroit, Brownsville, and Cleveland, Ohio.
More Corpus Christi (No. 30), Houston (No. 33), Dallas (No. 38), El Paso (No. 47), San Antonio (No. 50), Lubbock (No. 63), Amarillo (No. 80), Grand Prairie (No. 100), Garland (No. 105), Fort Worth (No. 106), Arlington (No. 116), Irving (No. 120), Austin (No. 127) and Plano (No. 127) were among the top 175 cities in the (No. 174).
While these figures are alarming, researchers suggest that recognizing there are problems makes it simpler to communicate what needs to be done.
“We’re relying on a slew of extremely high-quality research from a variety of organizations that shows what works and what doesn’t,” said Lenna Nepomnyaschy, Associate Professor at Rutgers, The State University of New Jersey. “People require financial assistance, paid sick leave, child care, and housing” (eviction moratoria). “As well as improved jobs and earnings.”