Last updated: 2024 BLS data · Page refreshed:
Laurel Bay has a population of 5,882 with a median age of 23.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,882 |
| Median Age | 23.0 |
| White | 48.2% |
| Black or African American | 38.4% |
| Asian | 0.3% |
| Hispanic or Latino | 13.8% |
The median household income in Laurel Bay is $54,345, which is 32.6% below the national median of $80,610. The per capita income is $22,523. The poverty rate is 17.5%.
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In Laurel Bay, 89.1% of residents age 25+ have a high school diploma or higher, and 19.3% hold a bachelor's degree or higher (3.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.1% |
| Bachelor's Degree or Higher | 19.3% |
| Graduate or Professional Degree | 3.3% |
The median home value in Laurel Bay is $231,800, below the national median of $303,400. The median monthly rent is $1,454. The homeownership rate is 22.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $231,800 |
| Median Monthly Rent | $1,454 |
| Homeownership Rate | 22.5% |
| Vacancy Rate | 7.4% |
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