Living in Laurel Springs, New Jersey
Cost of living, income, home prices, rent and demographics of Laurel Springs · Census data 2020–2024
Laurel Springs has 2,044 residents with a median age of 36.9. The median household income is $118,750 (15% higher than the New Jersey median), the median home value is $279,400, the median rent is $1,181/month.
Laurel Springs at a glance
- Population
- 2,044
- Median age
- 36.9State: 40.1
- Median household income
- $118,750State: $103,556
- Median home value
- $279,400State: $454,400
- Median rent
- $1,181/moState: $1,720
- Homeowners
- 80%
- Bachelor's degree or higher
- 39.6%
- Average commute
- 29 min
Is Laurel Springs a good place to live?
Pros: Median household income 15% higher than the New Jersey median; home values 39% lower than the state median; an average commute of 29 minutes; unemployment of 5.5%; a poverty rate of 4.3%.
The weather is best in May–June and August–September.
Cost of living in Laurel Springs
Housing is the biggest part of the cost of living. In Laurel Springs the median home value is $279,400, 16% lower than the U.S. median. Renters pay a median of $1,181 per month, which is 30.2% of household income. Homeowners with a mortgage pay $2,505 a month in housing costs.
Laurel Springs median household income
The median household income in Laurel Springs is $118,750 and the income per person is $46,321. 4.3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Laurel Springs: homes for sale and rent
- Housing units
- 728
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.90
Laurel Springs demographics
- Population
- 2,044
- Median age
- 36.9
- Under 18
- 25.7%
- 65 and older
- 12.5%
- Households
- 706
- Foreign-born
- 5.4%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Laurel Springs ›
Education in Laurel Springs
39.6% of adults 25 and older in Laurel Springs have a bachelor's degree or higher (New Jersey: 43.6%), and 10.7% have a graduate or professional degree.
Jobs and commute in Laurel Springs
- Unemployment rate
- 5.5%State: 6.3%
- Average commute
- 29 minState: 31 min
- Work from home
- 12.5%
- Drive alone
- 71.7%
- Public transit
- 4%
- Walk to work
- 4.7%
- Homes with broadband
- 95.3%
Laurel Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laurel Springs | 2,044 | $118,750 | $279,400 | $1,181 |
| Stratford | 7,018 | $98,427 | $273,800 | $1,190 |
| Lindenwold | 21,719 | $55,954 | $173,600 | $1,323 |
| Hi-Nella | 855 | $72,500 | $262,000 | $1,591 |
| Somerdale | 5,581 | $85,625 | $224,600 | $1,097 |
| Echelon | 13,284 | $82,932 | $328,600 | $1,717 |
| Clementon | 5,410 | $62,979 | $223,500 | $1,169 |
| Gibbsboro | 2,435 | $100,313 | $308,400 | $1,420 |
| Gloucester | 66,282 | $101,119 | $277,800 | $1,592 |
More for people moving to Laurel Springs
Laurel Springs ZIP code ›Weather and climate ›Living in Laurel Springs: FAQ
What is the median household income in Laurel Springs, NJ?
The median household income in Laurel Springs is $118,750, 15% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Laurel Springs?
The median home value in Laurel Springs is $279,400, compared with $454,400 in New Jersey.
How much is rent in Laurel Springs?
The median gross rent in Laurel Springs is $1,181 per month, about 30.2% of household income.
Is Laurel Springs, NJ a good place to live?
Pluses: median household income 15% higher than the New Jersey median; home values 39% lower than the state median; an average commute of 29 minutes; unemployment of 5.5%; a poverty rate of 4.3%.
What is the median age in Laurel Springs?
The median age in Laurel Springs is 36.9 years (New Jersey: 40.1).
How long is the commute in Laurel Springs?
The average commute to work in Laurel Springs is 29 minutes; 12.5% of workers work from home.
What is the unemployment rate in Laurel Springs?
The unemployment rate in Laurel Springs is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laurel Springs?
39.6% of adults in Laurel Springs 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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