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Laurel, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
29,798
Population
$100,504
Median Income
$385,500
Home Value
36.3
Median Age

Demographics

Laurel has a population of 29,798 with a median age of 36.3. Here is the racial and ethnic breakdown of the population:

Black
53.8%
Hispanic
22.2%
White
14.4%
Asian
8.2%
Other
1.4%
Demographic Value
Total Population29,798
Median Age36.3
White14.4%
Black or African American53.8%
Asian8.2%
Hispanic or Latino22.2%
Other / Two or More Races1.4%
Laurel, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Black: 53.8%Hispanic/Latino: 22.2%White: 14.4%Asian: 8.2%Other: 1.4%29,798PopulationBlackBlack53.8%Hispanic/LatinoHispanic/Latino22.2%WhiteWhite14.4%AsianAsian8.2%OtherOther1.4%

Income & Economy

The median household income in Laurel is $100,504, which is 24.7% above the national median of $80,610. The per capita income is $49,886. The poverty rate is 9.0%.

$100,504
Median Household Income
$49,886
Per Capita Income
9.0%
Poverty Rate

Employment

The unemployment rate in Laurel is 3.4%, compared to the national rate of 4.1%.

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Education

In Laurel, 89.3% of residents age 25+ have a high school diploma or higher, and 47.7% hold a bachelor's degree or higher (24.0% with a graduate or professional degree).

HS Diploma+
89.3%
Bachelor's+
47.7%
Graduate+
24.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.3%
Bachelor's Degree or Higher47.7%
Graduate or Professional Degree24.0%

Housing

The median home value in Laurel is $385,500, above the national median of $303,400. The median monthly rent is $1,873. The homeownership rate is 44.2%.

$385,500
Median Home Value
$1,873/mo
Median Rent
44.2%
Homeownership Rate
Housing Metric Value
Median Home Value$385,500
Median Monthly Rent$1,873
Homeownership Rate44.2%
Vacancy Rate4.9%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Laurel, Maryland?
The population of Laurel, Maryland is 29,798 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Laurel, Maryland?
The median household income in Laurel, Maryland is $100,504. This is 24.7% above the national median of $80,610.
What is the median home value in Laurel, Maryland?
The median home value in Laurel, Maryland is $385,500. The median monthly rent is $1,873.
What percentage of people in Laurel have a college degree?
In Laurel, Maryland, 47.7% of adults age 25 and older hold a bachelor's degree or higher, and 89.3% have a high school diploma or higher.
Is Laurel, Maryland an affordable place to live?
The home price-to-income ratio in Laurel, Maryland is 3.8x (median home value $385,500 vs. median income $100,504), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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