Living in Laurel Park, North Carolina

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

Laurel Park has 2,408 residents with a median age of 56.9. The median household income is $90,000 (24% higher than the North Carolina median), the median home value is $433,100, the median rent is $1,418/month.

Laurel Park at a glance

Population
2,408
Median age
56.9State: 39.1
Median household income
$90,000State: $72,388
Median home value
$433,100State: $288,900
Median rent
$1,418/moState: $1,228
Homeowners
86.5%
Bachelor's degree or higher
63.3%
Average commute
23 min

Is Laurel Park a good place to live?

Pros: Median household income 24% higher than the North Carolina median; an average commute of 23 minutes; unemployment of 2.9%; a poverty rate of 5.5%.

Cons: Home values 50% higher than the state median.

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

Cost of living in Laurel Park

Housing is the biggest part of the cost of living. In Laurel Park the median home value is $433,100, 30% higher than the U.S. median. Renters pay a median of $1,418 per month, which is 19.7% of household income. Homeowners with a mortgage pay $1,898 a month in housing costs.

Median home value

Laurel Park$433,100
North Carolina$288,900
United States$332,700

Median monthly rent

Laurel Park$1,418
North Carolina$1,228
United States$1,413

Laurel Park median household income

The median household income in Laurel Park is $90,000 and the income per person is $55,551. 5.5% of residents live below the poverty line (North Carolina: 13%).

Median household income

Laurel Park$90,000
North Carolina$72,388
United States$80,734

Housing in Laurel Park: homes for sale and rent

Housing units
1,296
Owner-occupied
86.5%
Renter-occupied
13.5%
Vacant
18.7%Includes seasonal homes
Median year built
1982
Average household size
2.18

Laurel Park demographics

Population
2,408
Median age
56.9
Under 18
11.7%
65 and older
40.7%
Households
1,054
Foreign-born
4.6%
Veterans
8%Adults 18+

Race and ethnicity

White93.2%
Hispanic or Latino2.1%
Black0.5%
Asian2.2%

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

Education in Laurel Park

63.3% of adults 25 and older in Laurel Park have a bachelor's degree or higher (North Carolina: 35.7%), and 28.7% have a graduate or professional degree.

Bachelor's degree or higher

Laurel Park63.3%
North Carolina35.7%
United States35.7%

Jobs and commute in Laurel Park

Unemployment rate
2.9%State: 4.7%
Average commute
23 minState: 25 min
Work from home
14.9%
Drive alone
75.3%
Public transit
0%
Walk to work
0.4%
Homes with broadband
96.3%

Laurel Park vs nearby towns

TownPopulationMedian incomeHome valueRent
Laurel Park2,408$90,000$433,100$1,418
Valley Hill2,675$86,599$353,100—
Hendersonville15,408$53,449$317,000$1,332
Balfour1,134$70,116$292,600$591
Barker Heights1,074$29,277$190,300—
Horse Shoe1,490$64,096$407,500—
Mountain Home3,437$83,083$400,000$1,240
Flat Rock3,530$95,098$601,700$1,074
Etowah7,968$72,596$338,100$1,413

More for people moving to Laurel Park

Laurel Park ZIP code ›Weather and climate ›

Living in Laurel Park: FAQ

What is the median household income in Laurel Park, NC?

The median household income in Laurel Park is $90,000, 24% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Laurel Park?

The median home value in Laurel Park is $433,100, compared with $288,900 in North Carolina.

How much is rent in Laurel Park?

The median gross rent in Laurel Park is $1,418 per month, about 19.7% of household income.

Is Laurel Park, NC a good place to live?

Pluses: median household income 24% higher than the North Carolina median; an average commute of 23 minutes; unemployment of 2.9%; a poverty rate of 5.5%. Minuses: home values 50% higher than the state median.

What is the median age in Laurel Park?

The median age in Laurel Park is 56.9 years (North Carolina: 39.1).

How long is the commute in Laurel Park?

The average commute to work in Laurel Park is 23 minutes; 14.9% of workers work from home.

What is the unemployment rate in Laurel Park?

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

How educated is Laurel Park?

63.3% of adults in Laurel Park 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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