Laurel, IN
Full City Profile · Indiana · Franklin County County
2.1
/5.0
C
Fair
474
Population
1,975/sq mi density
$24,663
Median Income
$18,436 per capita
$76,100
Home Value
$232,894 Zillow
$973
Median Rent
42.9% income on rent
52°F
Avg Temperature
293 sunny days/yr
81
Violent Crime/100K
4,552 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Economy
1.4 / 5.0
$24,663 median income, 7.8% unemployment
A+
Affordability
5.0 / 5.0
$76,100 home value, $973/mo rent
F
Safety
1.0 / 5.0
81 violent crimes/100K
F
Education
1.1 / 5.0
1.8% bachelor's degree or higher
Income Overview
Median Household Income
$24,663
67% below
US avg: $75,149
Per Capita Income
$18,436
53% below
US avg: $39,052
Unemployment Rate
7.8%
117% above
US avg: 3.6%
Poverty Rate
42.0%
239% above
US avg: 12.4%
Income Comparison: Laurel vs. U.S. Average
Each bar shows Laurel’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$24,663
33%
Per Capita
US: $39,052
$18,436
47%
IRS Avg AGI
US: $72,000
$73,995
103%
Avg Weekly Wage
US: $1,432
$858
60%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$858
40% below US avg ($1,432)
Mean Commute Time
27 min
4% below US avg (28 min)
Work From Home
2.9%
81% below US avg (15.2%)
Drive Alone
84.2%
15% above US avg (73.2%)
Public Transit
2.9%
42% below US avg (5.0%)
County GDP
$773M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.2%
Public Transit
2.9%
Work From Home
2.9%
Other
10%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
366
Restaurants
48
Healthcare
49
Retail
63
Manufacturing
22
Tax & Financial
IRS Avg Adjusted Gross Income
$73,995
3% above US avg ($72,000)
Avg Property Tax
$3,577
2% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $24,663 |
| Per Capita Income | $18,436 |
| IRS Avg Adjusted Gross Income | $73,995 |
| Avg Weekly Wage | $858 |
| County GDP | $773M |
Hardship Indicators
| Unemployment Rate | 7.8% |
| Poverty Rate | 42.0% |
| Gini Coefficient | 0.407 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 84.2% |
| Public Transit | 2.9% |
| Work From Home | 2.9% |
Businesses
| Total Establishments | 366 |
| Restaurants | 48 |
| Healthcare | 49 |
| Retail | 63 |
| Manufacturing | 22 |
Tax
| IRS Avg AGI | $73,995 |
| Avg Property Tax | $3,577 |
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