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ZipNumbers

Montana · Census place 42700

Laurel city, MT

Quick answer

Laurel city has 7,198 residents, ranking #18 of 497 places in Montana. Median household income is $66,382, the median home is worth $232,700 and median gross rent runs $953 a month.

Population
7,198Laurel city residents
Median household income
$66,382Past 12 months, inflation adjusted
Median home value
$232,700Owner-occupied units
Median gross rent
$953Rent plus utilities, monthly
Median age
36.6 yrsAll residents
Homeownership rate
57.4%Owner-occupied households

What the numbers mean in Laurel city

Housing cost measured against local earnings.

A household earning the Laurel city median would spend about 17.2% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.3% of residents and 57.4% 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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