The annual salary statistics of security guards in Laredo, Texas is shown in Table 1. The wage data of security guards in Laredo is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $18,720 |
| 25th Percentile Wage | $21,690 |
| 50th Percentile Wage | $22,460 |
| 75th Percentile Wage | $28,370 |
| 90th Percentile Wage | $39,380 |
Table 1 shows the average annual salary for security guards in Laredo, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $39,380. The median (50th percentile) annual salary is $22,460. The average annual salary for the bottom 10 percent earners is $18,720.
The table and chart below show the trend of the median salary of security guards from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $22,460 | -5.83% | 16.47% |
| 2021 | $23,770 | 16.11% | - |
| 2020 | $19,940 | 4.06% | - |
| 2019 | $19,130 | -0.58% | - |
| 2018 | $19,240 | -1.25% | - |
| 2017 | $19,480 | 3.29% | - |
| 2016 | $18,840 | 2.60% | - |
| 2015 | $18,350 | -1.91% | - |
| 2014 | $18,700 | 1.18% | - |
| 2013 | $18,480 | -1.52% | - |
| 2012 | $18,760 | - | - |
From Table 3 we note that with a median annual salary of $22,460, Laredo is the lowest paying city for security guards in state of Texas, following city of Gulf Coast Texas nonmetropolitan area (median annual salary of $37,910). Also we note that in comparison, the annual salary of security guards in Laredo is about 40.8 percent (40.8%) lower than that of the highest paying city Gulf Coast Texas nonmetropolitan area.