Laurel, Delaware Housing

Laurel, Delaware has a population of 4,370, with a median household income of $52,000.

Current housing data for Laurel.

$240,000

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Population

4,370

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Median Income

$52,000

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Unemployment

7.20%

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Housing Price

$240,000

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Crime Rate

40.00

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Internet Speed

140.00 Mbps

Laurel is a small local community located in Delaware. The city has a population that is below the average city population in Delaware, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Laurel, located in Delaware, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Laurel has a population of 4,370, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Laurel is $52,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Laurel is about $240,000, making it relatively affordable compared to many cities in Delaware.

Employment and Safety

The unemployment rate in Laurel is 7.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Laurel are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Delaware, Laurel shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Laurel offers a balanced mix of economic conditions, population trends, and housing opportunities within Delaware.

Frequently Asked Questions about Laurel

What is the population of Laurel?

The population of Laurel is approximately 4,370.

Is Laurel a good place to live?

Laurel offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Laurel?

The median household income in Laurel is around $52,000.

How expensive is housing in Laurel?

The average housing price in Laurel is approximately $240,000.