Living in Laurel, Nebraska

Cost of living, income, home prices, rent and demographics of Laurel · Census data 2020–2024

Laurel has 1,018 residents with a median age of 38.5. The median household income is $58,519 (23% lower than the Nebraska median), the median home value is $164,200, the median rent is $815/month.

Laurel is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Laurel at a glance

Population
1,018
Median age
38.5State: 37.2
Median household income
$58,519State: $76,475
Median home value
$164,200State: $238,600
Median rent
$815/moState: $1,072
Homeowners
66.4%
Bachelor's degree or higher
38.3%
Average commute
21 min

Is Laurel a good place to live?

Pros: Home values 31% lower than the state median; unemployment of 2.9%.

Cons: Median household income 23% lower than the Nebraska median; an average commute of 21 minutes; a poverty rate of 19.2%.

The weather is best in May–June and August–September.

Cost of living in Laurel

Housing is the biggest part of the cost of living. In Laurel the median home value is $164,200, 51% lower than the U.S. median. Renters pay a median of $815 per month, which is 24.8% of household income. Homeowners with a mortgage pay $1,360 a month in housing costs.

Median home value

Laurel$164,200
Nebraska$238,600
United States$332,700

Median monthly rent

Laurel$815
Nebraska$1,072
United States$1,413

Laurel median household income

The median household income in Laurel is $58,519 and the income per person is $35,716. 19.2% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Laurel$58,519
Nebraska$76,475
United States$80,734

Housing in Laurel: homes for sale and rent

Housing units
505
Owner-occupied
66.4%
Renter-occupied
33.6%
Vacant
9.7%Includes seasonal homes
Median year built
1961
Average household size
2.20

Laurel demographics

Population
1,018
Median age
38.5
Under 18
20.8%
65 and older
17.4%
Households
456
Foreign-born
2.2%
Veterans
4.6%Adults 18+

Race and ethnicity

White86.8%
Hispanic or Latino5.9%
Black0%
Asian2.4%

Hispanic or Latino can be of any race. Population history of Laurel ›

Education in Laurel

38.3% of adults 25 and older in Laurel have a bachelor's degree or higher (Nebraska: 34.6%), and 14.4% have a graduate or professional degree.

Bachelor's degree or higher

Laurel38.3%
Nebraska34.6%
United States35.7%

Jobs and commute in Laurel

Unemployment rate
2.9%State: 3%
Average commute
21 minState: 19 min
Work from home
5.9%
Drive alone
82.8%
Public transit
0%
Walk to work
2.5%
Homes with broadband
92.5%

Laurel vs nearby towns

TownPopulationMedian incomeHome valueRent
Laurel1,018$58,519$164,200$815
Belden101$70,625$107,500—
Concord143$81,429$86,400—
Coleridge553$46,818$87,100—
Carroll286$61,250$93,000$883
Allen468$59,464$131,300$644
Randolph877$84,531$119,000$665
Wayne6,121$53,702$228,900$792
Hartington1,621$80,577$178,100$640

More for people moving to Laurel

Laurel ZIP code ›Weather and climate ›

Living in Laurel: FAQ

What is the median household income in Laurel, NE?

The median household income in Laurel is $58,519, 23% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Laurel?

The median home value in Laurel is $164,200, compared with $238,600 in Nebraska.

How much is rent in Laurel?

The median gross rent in Laurel is $815 per month, about 24.8% of household income.

Is Laurel, NE a good place to live?

Pluses: home values 31% lower than the state median; unemployment of 2.9%. Minuses: median household income 23% lower than the Nebraska median; an average commute of 21 minutes; a poverty rate of 19.2%.

What is the median age in Laurel?

The median age in Laurel is 38.5 years (Nebraska: 37.2).

How long is the commute in Laurel?

The average commute to work in Laurel is 21 minutes; 5.9% of workers work from home.

What is the unemployment rate in Laurel?

The unemployment rate in Laurel is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Laurel?

38.3% of adults in Laurel have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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