Is Laboratory a Good Place to Live?
Based on current data, Laboratory receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, low unemployment, affordable housing, abundant sunshine. Areas to be aware of include an elevated poverty rate. Laboratory offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Laboratory is $94,145, 25% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. The poverty rate of 31.2% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 19 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Laboratory is $214,600, 24% below the national median — offering relatively affordable homeownership. At just 2.3x median income, home prices are very affordable relative to local earnings.
Education
19.5% of residents hold a bachelor's degree, below the national average of 33.7%. 89.6% have completed high school. Area schools have an average test score of 5.9/10.
Climate & Weather
Laboratory experiences four distinct seasons with an average temperature of 52°F. Winters average 28°F in January while summers reach 73°F in July. With 275 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 41.3 inches, including 31.9 inches of snow. Air quality is rated Good with a median AQI of 40.