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ZipNumbers

Indiana · Census place 42372

Laurel town, IN

Quick answer

Laurel town has 474 residents, ranking #522 of 976 places in Indiana. Median household income is $24,663, the median home is worth $76,100 and median gross rent runs $973 a month.

Population
474Laurel town residents
Median household income
$24,663Past 12 months, inflation adjusted
Median home value
$76,100Owner-occupied units
Median gross rent
$973Rent plus utilities, monthly
Median age
28 yrsAll residents
Homeownership rate
58.5%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 47.3% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 33.8% of residents and 58.5% 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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