Living in Laurel, Virginia
Cost of living, income, home prices, rent and demographics of Laurel · Census data 2020–2024
Laurel has 18,721 residents with a median age of 35.1. The median household income is $73,609 (21% lower than the Virginia median), the median home value is $283,600, the median rent is $1,616/month.
Laurel at a glance
- Population
- 18,721
- Median age
- 35.1State: 39
- Median household income
- $73,609State: $93,170
- Median home value
- $283,600State: $383,700
- Median rent
- $1,616/moState: $1,579
- Homeowners
- 51.8%
- Bachelor's degree or higher
- 29.8%
- Average commute
- 24 min
Is Laurel a good place to live?
Pros: Home values 26% lower than the state median; an average commute of 24 minutes; a poverty rate of 8.4%.
Cons: Median household income 21% lower than the Virginia median; unemployment of 5%.
The weather is best in April–May and September–October.
Cost of living in Laurel
Housing is the biggest part of the cost of living. In Laurel the median home value is $283,600, 15% lower than the U.S. median. Renters pay a median of $1,616 per month, which is 33% of household income. Homeowners with a mortgage pay $1,540 a month in housing costs.
Laurel median household income
The median household income in Laurel is $73,609 and the income per person is $38,535. 8.4% of residents live below the poverty line (Virginia: 9.9%).
Housing in Laurel: homes for sale and rent
- Housing units
- 7,624
- Owner-occupied
- 51.8%
- Renter-occupied
- 48.2%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.49
Laurel demographics
- Population
- 18,721
- Median age
- 35.1
- Under 18
- 21%
- 65 and older
- 11.8%
- Households
- 7,164
- Foreign-born
- 21.3%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Laurel ›
Education in Laurel
29.8% of adults 25 and older in Laurel have a bachelor's degree or higher (Virginia: 42.2%), and 10.5% have a graduate or professional degree.
Jobs and commute in Laurel
- Unemployment rate
- 5%State: 4.3%
- Average commute
- 24 minState: 27 min
- Work from home
- 15.7%
- Drive alone
- 69.9%
- Public transit
- 1.2%
- Walk to work
- 0.2%
- Homes with broadband
- 93.1%
Laurel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laurel | 18,721 | $73,609 | $283,600 | $1,616 |
| Dumbarton | 7,997 | $60,169 | $291,300 | $1,421 |
| Lakeside | 12,654 | $72,032 | $288,200 | $1,361 |
| Glen Allen | 17,551 | $92,723 | $357,200 | $1,804 |
| Innsbrook | 8,578 | $129,436 | $463,500 | $1,661 |
| Chamberlayne | 4,692 | $97,544 | $351,100 | $1,212 |
| Tuckahoe | 49,183 | $102,264 | $462,800 | $1,536 |
| Short Pump | 29,026 | $138,845 | $568,900 | $1,847 |
| Wyndham | 12,099 | $235,250 | $703,000 | $2,258 |
More for people moving to Laurel
Laurel ZIP code ›Weather and climate ›Living in Laurel: FAQ
What is the median household income in Laurel, VA?
The median household income in Laurel is $73,609, 21% 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?
The median home value in Laurel is $283,600, compared with $383,700 in Virginia.
How much is rent in Laurel?
The median gross rent in Laurel is $1,616 per month, about 33% of household income.
Is Laurel, VA a good place to live?
Pluses: home values 26% lower than the state median; an average commute of 24 minutes; a poverty rate of 8.4%. Minuses: median household income 21% lower than the Virginia median; unemployment of 5%.
What is the median age in Laurel?
The median age in Laurel is 35.1 years (Virginia: 39).
How long is the commute in Laurel?
The average commute to work in Laurel is 24 minutes; 15.7% of workers work from home.
What is the unemployment rate in Laurel?
The unemployment rate in Laurel is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laurel?
29.8% 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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