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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 Rate7.8%
Poverty Rate42.0%
Gini Coefficient0.407
Cost of Living Index93.3

Commute

Mean Commute27 minutes
Drive Alone84.2%
Public Transit2.9%
Work From Home2.9%

Businesses

Total Establishments366
Restaurants48
Healthcare49
Retail63
Manufacturing22

Tax

IRS Avg AGI$73,995
Avg Property Tax$3,577