Laurium, MI

Michigan

Laurium is a small town in Michigan with a population of 1,486. Residents earn $42,206 per year, which is 44% below the national average.

3.3 /5.0
B Good
1,486 Population 2,286/sq mi density
$42,206 Median Income $32,151 per capita
$87,600 Home Value $119,739 Zillow
$590 Median Rent
41°F Avg Temperature
206 Violent Crime/100K 1,184 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$42,206 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$87,600 home value, $590/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K (46% below avg)
B+
Education
3.6 / 5.0
32.7% bachelor's degree or higher
Median Income $42,206
44% lower than US avg
Home Value $87,600
69% lower than US avg
Violent Crime 206/100K
46% lower than US avg
Bachelor's+ 32.7%
3% lower than US avg
Median Rent $590
49% lower than US avg
Obesity Rate 38.0%
18% higher than US avg
Unemployment 0.6%
83% lower than US avg
Poverty Rate 9.1%
27% lower than US avg

How Laurium Compares to the U.S. Average (100% = U.S. avg)

People

Population1,486
Median Age48.3 yrs
Density2,286/mi²
Male / Female48% / 52%
Largest GroupWhite 94%

Economy

B+
Median Income$42,206
Per Capita$32,151
Unemployment0.6%
Poverty9.1%
County GDP$77M
Commute16 min

Housing

A+
Home Value$87,600
Rent$590
OwnershipN/A
Zillow$119,739

Crime

F
Violent206/100K
Property1,184/100K
Murder0.0/100K
Assault154/100K
Burglary309/100K

Health

Obesity38.0%
UninsuredN/A
Depression28.8%
Heart Disease6.2%

Climate

Avg Temp41°F
AQI38 (Good)
Elevation1,213 ft

Education

B+
Bachelor's+32.7%
High School+92.0%
School Score5.23

Community

2024 VoteR 56% / D 43%
Commute16 min

Is Laurium a Good Place to Live?

Based on current data, Laurium receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include low unemployment, low crime rates, affordable housing, high health insurance coverage. Areas to be aware of include below-average incomes. Laurium offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Laurium is $42,206, 44% below the national average of $75,149. The job market is very strong with unemployment at just 0.6%. 9.1% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Laurium is $87,600, 69% below the national median — offering relatively affordable homeownership. Renters pay a median of $590 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.

Safety & Crime

Violent crime in Laurium is below the national average at 206 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 1,184 per 100,000, 40% below the national average.

Education

32.7% of residents hold a bachelor's degree, below the national average of 33.7%. 92.0% have completed high school. Area schools have an average test score of 5.2/10.

Climate & Weather

Laurium has a cool climate with an average annual temperature of 41°F. Winters average 16°F in January while summers reach 65°F in July. Air quality is rated Good with a median AQI of 38.

Laurium has a population of 1,486 with a density of 2,286 people per square mile. The median age is 48.3 years, 24% older than the national median of 38.9. The city is predominantly White (94%), with 2.4% Hispanic, 1.6% Black.

Population

1,486
Total Population
2,286
People / sq mi
48.3yrs
Median Age
24% above US avg
0.7mi²
Land Area

Gender Distribution

Male 47.6%
Female 52.4%

Race & Ethnicity

Laurium vs U.S. Average

Language Spoken at Home

English Only97.6%
24% above US avg
Spanish2.4%
82% below US avg

Social Characteristics

Laurium vs U.S. Average

The median household income in Laurium is $42,206, which is 44% below the national average of $75,149. The unemployment rate is 0.6% (below the 3.6% US average). 9.1% of residents live below the poverty line. Workers commute an average of 16 minutes.

Income: Laurium vs U.S.

Commute Mode

Income

Median HH Income$42,206
44% below US avg
Per Capita Income$32,151
Avg Weekly Wage$684
IRS Avg AGI$67,299

Employment & Poverty

Unemployment0.6%
83% below US avg
Poverty Rate9.1%
27% below US avg
Establishments (County)85
County GDP$77M

Business (County)

Restaurants19
Retail9
Manufacturing5

Tax & Cost of Living

Property Tax (IRS)$6,600
89% above US avg
Effective Tax Rate7.53%

Commute & Transportation

Commute Time15.8 min
Work from Home6.2%

Walkability

The median home value in Laurium is $87,600, 69% below the national average. Monthly rent averages $590 (49% below US avg). Zillow estimates the typical home value at $119,739.

Home Value Sources

Ownership Split

Home Values

Census Median$87,600
69% below US avg
Zillow ZHVI$119,739

Real Estate Market (Redfin)

$/Sq Ft$38
Homes Sold1
Sale-to-List Ratio83.1%
Price Drops0.0%
Inventory9

Rental Costs

Census Median Rent$590
49% below US avg

HUD Fair Market Rent

Studio$807
1 Bedroom$891
2 Bedrooms$1,113
3 Bedrooms$1,419
4 Bedrooms$1,588

Ownership & Property

Owner-Occupied70.7%

Property Tax

Avg Tax (IRS)$6,600
89% above US avg
Effective Rate7.53%
In Laurium, 38.0% of adults are obese (above the 32.1% national rate). 28.8% report depression. 23.7% are physically inactive.

Health Metrics: Laurium vs U.S. Average (%)

Chronic Conditions

Obesity38.0%
18% above US avg
Diabetes10.0%
Heart Disease6.2%
High Blood Pressure31.9%
Asthma12.1%
COPD8.1%
Stroke3.2%

Behaviors & Mental Health

Binge Drinking18.5%
Physical Inactivity23.7%
Depression28.8%
Mental Distress20.2%
Physical Distress14.1%

Healthcare Access

Insurance Rate94.6%
Checkup Rate77.3%
Premature Death6,845/100K

Food & Exercise

Food Environment7.9/10
Exercise Access76.7%
Laurium has a violent crime rate of 206 per 100,000 residents, 46% below the national average of 380. Property crime stands at 1,184 per 100,000 (40% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Laurium vs U.S. Average (per 100,000)

Violent Crime

Total Violent206.0/100K
46% below US avg
Murder0.0/100K
100% below US avg
Rape51.5/100K
Robbery0.0/100K
Assault154.5/100K

Property Crime

Total Property1,184.4/100K
40% below US avg
Burglary309.0/100K
Theft875.4/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)1

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Laurium has an average annual temperature of 41°F (5°C). Winters average 16°F in January while summers reach 65°F in July. Air quality is rated Good with a median AQI of 38.

Temperature

16°F Jan (-9°C) 65°F Jul (18°C)
Annual Average40.7°F
25% below US avg
January Average16°F (-9°C)
July Average65°F (18°C)

Precipitation & Snow

Air Quality

AQI Median38.0
RatingGood

Geography

Elevation1,213 ft (370 m)
Area0.7 sq mi (1.7 km²)
Population Density2,286/sq mi
Coordinates47.2351°N, 88.4382°W
County FIPS26083
It is classified as Nonmetro — Rural. 32.7% of residents hold a bachelor's degree or higher (3% below US avg). In the 2024 election, the county voted Republican by a 12.8-point margin.

2024 Presidential Election (County)

R 55.6%
D 42.8%

Winner: Republican by 12.8 points

Education

Bachelor's Degree+32.7%
3% below US avg
High School+92.0%
School Test Score5.23
B+ Education Grade (3.6/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density2,286/sq mi
Total Area0.7 sq mi

Infrastructure & Services

Restaurants19
Retail Stores9

Safety & Disasters

Fatal Crashes (County/yr)1
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute15.8 min
Work from Home6.2%

Nearby Cities

Compare Laurium with another city: