Living in Laurel Park, Virginia
Cost of living, income, home prices, rent and demographics of Laurel Park · Census data 2020–2024
Laurel Park has 553 residents with a median age of 49.3. The median household income is $41,700 (55% lower than the Virginia median), the median home value is $145,800.
Laurel Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Laurel Park at a glance
- Population
- 553
- Median age
- 49.3State: 39
- Median household income
- $41,700State: $93,170
- Median home value
- $145,800State: $383,700
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 20.5%
Is Laurel Park a good place to live?
Pros: Home values 62% lower than the state median; a poverty rate of 5.1%.
Cons: Median household income 55% lower than the Virginia median.
The weather is best in April–May 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 $145,800, 56% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,768 a month in housing costs.
Laurel Park median household income
The median household income in Laurel Park is $41,700 and the income per person is $21,112. 5.1% of residents live below the poverty line (Virginia: 9.9%).
Housing in Laurel Park: homes for sale and rent
- Housing units
- 318
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 17%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.09
Laurel Park demographics
- Population
- 553
- Median age
- 49.3
- Under 18
- 25.1%
- 65 and older
- 28.4%
- Households
- 264
- Foreign-born
- 9.2%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Laurel Park ›
Education in Laurel Park
20.5% of adults 25 and older in Laurel Park have a bachelor's degree or higher (Virginia: 42.2%), and 14.7% have a graduate or professional degree.
Jobs and commute in Laurel Park
- Unemployment rate
- 0%State: 4.3%
- Average commute
- —State: 27 min
- Work from home
- 33.8%
- Drive alone
- 66.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.1%
Laurel Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laurel Park | 553 | $41,700 | $145,800 | — |
| Chatmoss | 1,563 | $73,643 | $224,900 | — |
| Martinsville | 13,658 | $46,727 | $98,400 | $808 |
| Villa Heights | 601 | $25,797 | $121,900 | — |
| Collinsville | 7,139 | $52,158 | $146,700 | $746 |
| Sandy Level | 407 | $43,468 | $110,900 | — |
| Ridgeway | 1,051 | $76,875 | $164,300 | $727 |
| Fieldale | 783 | $45,114 | $93,300 | — |
| Horse Pasture | 2,236 | $54,216 | $123,600 | $855 |
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, VA?
The median household income in Laurel Park is $41,700, 55% lower than the Virginia median of $93,170 (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 $145,800, compared with $383,700 in Virginia.
Is Laurel Park, VA a good place to live?
Pluses: home values 62% lower than the state median; a poverty rate of 5.1%. Minuses: median household income 55% lower than the Virginia median.
What is the median age in Laurel Park?
The median age in Laurel Park is 49.3 years (Virginia: 39).
What is the unemployment rate in Laurel Park?
The unemployment rate in Laurel Park is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laurel Park?
20.5% 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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