Living in Laurel Bay, South Carolina
Cost of living, income, home prices, rent and demographics of Laurel Bay · Census data 2020–2024
Laurel Bay has 5,882 residents with a median age of 23. The median household income is $54,345 (22% lower than the South Carolina median), the median home value is $231,800, the median rent is $1,454/month.
Laurel Bay at a glance
- Population
- 5,882
- Median age
- 23State: 40.2
- Median household income
- $54,345State: $69,324
- Median home value
- $231,800State: $259,000
- Median rent
- $1,454/moState: $1,180
- Homeowners
- 22.5%
- Bachelor's degree or higher
- 19.3%
- Average commute
- 28 min
Is Laurel Bay a good place to live?
Pros: Home values 11% lower than the state median; unemployment of 4.5%.
Cons: Median household income 22% lower than the South Carolina median; an average commute of 28 minutes; a poverty rate of 17.5%.
The weather is best in April–May and October–November.
Cost of living in Laurel Bay
Housing is the biggest part of the cost of living. In Laurel Bay the median home value is $231,800, 30% lower than the U.S. median. Renters pay a median of $1,454 per month, which is 41.7% of household income. Homeowners with a mortgage pay $1,505 a month in housing costs.
Laurel Bay median household income
The median household income in Laurel Bay is $54,345 and the income per person is $22,523. 17.5% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Laurel Bay: homes for sale and rent
- Housing units
- 2,103
- Owner-occupied
- 22.5%
- Renter-occupied
- 77.5%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 3.02
Laurel Bay demographics
- Population
- 5,882
- Median age
- 23
- Under 18
- 36.2%
- 65 and older
- 4.6%
- Households
- 1,947
- Foreign-born
- 1%
- Veterans
- 11.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Laurel Bay ›
Education in Laurel Bay
19.3% of adults 25 and older in Laurel Bay have a bachelor's degree or higher (South Carolina: 32.1%), and 3.3% have a graduate or professional degree.
Jobs and commute in Laurel Bay
- Unemployment rate
- 4.5%State: 4.9%
- Average commute
- 28 minState: 26 min
- Work from home
- 1%
- Drive alone
- 88.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.6%
Laurel Bay vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laurel Bay | 5,882 | $54,345 | $231,800 | $1,454 |
| Burton | 6,912 | $68,063 | $247,600 | $1,229 |
| Beaufort | 13,747 | $61,220 | $345,400 | $1,212 |
| Seabrook | 799 | $63,149 | — | — |
| Shell Point | 1,439 | $81,630 | $293,300 | $1,188 |
| Ridgeland | 3,764 | $62,981 | $228,400 | $734 |
| Port Royal | 15,579 | $74,870 | $347,200 | $1,726 |
| Yemassee | 1,178 | $44,896 | $161,600 | $748 |
| Hilton Head Island | 37,911 | $94,657 | $687,400 | $1,479 |
More for people moving to Laurel Bay
Laurel Bay ZIP code ›Weather and climate ›Living in Laurel Bay: FAQ
What is the median household income in Laurel Bay, SC?
The median household income in Laurel Bay is $54,345, 22% lower than the South Carolina median of $69,324 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Laurel Bay?
The median home value in Laurel Bay is $231,800, compared with $259,000 in South Carolina.
How much is rent in Laurel Bay?
The median gross rent in Laurel Bay is $1,454 per month, about 41.7% of household income.
Is Laurel Bay, SC a good place to live?
Pluses: home values 11% lower than the state median; unemployment of 4.5%. Minuses: median household income 22% lower than the South Carolina median; an average commute of 28 minutes; a poverty rate of 17.5%.
What is the median age in Laurel Bay?
The median age in Laurel Bay is 23 years (South Carolina: 40.2).
How long is the commute in Laurel Bay?
The average commute to work in Laurel Bay is 28 minutes; 1% of workers work from home.
What is the unemployment rate in Laurel Bay?
The unemployment rate in Laurel Bay is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laurel Bay?
19.3% of adults in Laurel Bay 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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