Laurel, IN

Full City Profile · Indiana · Franklin County County

2.4 /5.0
C Fair
474 Population 1,975/sq mi density
$24,663 Median Income $18,436 per capita
$76,100 Home Value $243,157 Zillow
$973 Median Rent 42.9% income on rent
54°F Avg Temperature
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Economy
1.1 / 5.0
$24,663 median income, 13.6% unemployment
A+
Affordability
5.0 / 5.0
$76,100 home value, $973/mo rent
F
Education
1.1 / 5.0
1.8% bachelor's degree or higher

Laurel, IN

At a Glance

Median Income
$24,663
67% below
$18,436 per capita
Home Value
$76,100
73% below
Zillow: $243,157
Median Rent
$973/mo
16% below
42.9% of income on rent
Bachelor's Degree+
1.8%
95% below
77.6% high school+
Unemployment
13.6%
278% above
42.0% poverty rate
Obesity Rate
43.2%
35% above
21.7% smoking rate
Avg Temperature
54°F

How Laurel Compares to the U.S. Average

Each bar shows Laurel's value as a percentage of the national average (100% = U.S. avg)

Income
33%
Home Value
27%
Rent
84%
Poverty
339%
Bachelor's
5%
Unemployment
378%
Thin vertical line = U.S. national average (100%)

Is Laurel a Good Place to Live?

C
2.4 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Laurel residents earn a median household income of $24,663 , which is 67% below the national average of $75,149. Per capita income is $18,436. The unemployment rate stands at 13.6% (278% above the U.S. rate of 3.6%). 42.0% of residents live below the poverty line. The area is home to 366 business establishments, including 48 restaurants.

Housing & Cost of Living

The median home value in Laurel is $76,100 , 73% below the national median of $281,900. Zillow estimates the typical home at $243,157. Median rent is $973/month, with 42.9% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1954.

Education

1.8% of adults in Laurel hold a bachelor's degree or higher (95% below the national average). 77.6% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Laurel has an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 45.0 inches.

Data Overview

People

Population474
Median Age28.0 yrs
Density1,975/mi²
Male / Female43% / 57%
Foreign Born0.0%
Veterans6.5%

Economy

F
Median Income$24,663
Per Capita$18,436
Unemployment13.6%
Poverty42.0%
County GDP$773M
Avg Weekly Wage$858

Housing

A+
Home Value$76,100
Rent$973
Ownership58.5%
Zillow$243,157
Housing Units304
Rent Burden42.9%

Health

Obesity43.2%
Diabetes12.3%
Smoking21.7%
Heart Disease6.7%
Premature Death8,835/100K

Climate

Avg Temp54°F
Rain45.0 in/yr
Elevation730 ft

Education

F
Bachelor's+1.8%
High School+77.6%
Graduate+2.4%
School Score5.7/10

Community

2024 VoteR 82% / D 17%
Commute27 min
Broadband69.8%
Internet Speed64 Mbps
EV Stations2
Libraries2

Did You Know?

The median home in Laurel was built in 1954.
The nearest airport is Butler County Regional/Hogan Field (37 miles).
The Gini coefficient (income inequality) is 0.407 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.6% of the population has a disability.
The county recorded 3 fatal vehicle crashes.