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Laurel Park, VA

Full City Profile · Virginia · Martinsville city County

2.9 /5.0
C+ Fair
843 Population 648/sq mi density
$38,621 Median Income $18,116 per capita
$139,500 Home Value $130,507 Zillow
56°F Avg Temperature 305 sunny days/yr
356 Violent Crime/100K 2,797 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$38,621 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$139,500 home value, /mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Income Overview

Median Household Income
$38,621
49% below
US avg: $75,149
Per Capita Income
$18,116
54% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Laurel Park vs. U.S. Average

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

Median Household
US: $75,149
$38,621
51%
Per Capita
US: $39,052
$18,116
46%
IRS Avg AGI
US: $72,000
$50,699
70%
Avg Weekly Wage
US: $1,432
$836
58%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$836
42% below US avg ($1,432)
Mean Commute Time
36 min
31% above US avg (28 min)
Work From Home
39.7%
161% above US avg (15.2%)
Drive Alone
43.3%
41% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 43.3%
Public Transit 0%
Work From Home 39.7%
Other 17%
Average commute time
36 minutes
US avg: 28 min

Business Landscape

Total Establishments
959
Restaurants
41
Healthcare
105
Retail
81
Manufacturing
19

Tax & Financial

IRS Avg Adjusted Gross Income
$50,699
30% below US avg ($72,000)
Avg Property Tax
$2,850
19% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$38,621
Per Capita Income$18,116
IRS Avg Adjusted Gross Income$50,699
Avg Weekly Wage$836

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.514
Cost of Living Index101.1

Commute

Mean Commute36 minutes
Drive Alone43.3%
Public Transit0.0%
Work From Home39.7%

Businesses

Total Establishments959
Restaurants41
Healthcare105
Retail81
Manufacturing19

Tax

IRS Avg AGI$50,699
Avg Property Tax$2,850