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Laurel, Montana

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
7,215
Population
$68,474
Median Income
$235,100
Home Value
37.1
Median Age

Demographics

Laurel has a population of 7,215 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:

White
86.8%
Hispanic
8.2%
Other
2.5%
Asian
2.1%
Demographic Value
Total Population7,215
Median Age37.1
White86.8%
Black or African American0.4%
Asian2.1%
Hispanic or Latino8.2%
Other / Two or More Races2.5%
Laurel, Montana — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 86.8%Hispanic/Latino: 8.2%Other: 2.5%Asian: 2.1%Other: 0.4%7,215PopulationWhiteWhite86.8%Hispanic/LatinoHispanic/Latino8.2%OtherOther2.5%AsianAsian2.1%OtherOther0.4%

Income & Economy

The median household income in Laurel is $68,474, which is 15.1% below the national median of $80,610. The per capita income is $38,869. The poverty rate is 10.0%.

$68,474
Median Household Income
$38,869
Per Capita Income
10.0%
Poverty Rate

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Education

In Laurel, 95.3% of residents age 25+ have a high school diploma or higher, and 20.8% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).

HS Diploma+
95.3%
Bachelor's+
20.8%
Graduate+
3.7%
Education Level % of Adults (25+)
High School Diploma or Higher95.3%
Bachelor's Degree or Higher20.8%
Graduate or Professional Degree3.7%

Housing

The median home value in Laurel is $235,100, below the national median of $303,400. The median monthly rent is $974. The homeownership rate is 58.7%.

$235,100
Median Home Value
$974/mo
Median Rent
58.7%
Homeownership Rate
Housing Metric Value
Median Home Value$235,100
Median Monthly Rent$974
Homeownership Rate58.7%
Vacancy Rate4.4%

Salaries in Montana

Explore salary data for popular occupations in Montana:

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Other Cities in Montana

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Frequently Asked Questions

What is the population of Laurel, Montana?
The population of Laurel, Montana is 7,215 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Laurel, Montana?
The median household income in Laurel, Montana is $68,474. This is 15.1% below the national median of $80,610.
What is the median home value in Laurel, Montana?
The median home value in Laurel, Montana is $235,100. The median monthly rent is $974.
What percentage of people in Laurel have a college degree?
In Laurel, Montana, 20.8% of adults age 25 and older hold a bachelor's degree or higher, and 95.3% have a high school diploma or higher.
Is Laurel, Montana an affordable place to live?
The home price-to-income ratio in Laurel, Montana is 3.4x (median home value $235,100 vs. median income $68,474), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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