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ZipNumbers

Delaware · Census place 41310

Laurel town, DE

Quick answer

Laurel town has 4,043 residents, ranking #24 of 79 places in Delaware. Median household income is $44,593, the median home is worth $192,700 and median gross rent runs $924 a month.

Population
4,043Laurel town residents
Median household income
$44,593Past 12 months, inflation adjusted
Median home value
$192,700Owner-occupied units
Median gross rent
$924Rent plus utilities, monthly
Median age
30 yrsAll residents
Homeownership rate
36.1%Owner-occupied households

What the numbers mean in Laurel town

Housing cost measured against local earnings.

A household earning the Laurel town median would spend about 24.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 35.7% of residents and 36.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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