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
Compare with nearby places
Places of similar size in Indiana.
- Van Bibber Lake CDP 483
- Riley town 479
- Ramsey CDP 478
- Williamsburg CDP 473
- Michigantown town 470
- Sulphur Springs town 466
- Stanford CDP 463
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More Indiana coverage.