Laurel is a city in Delaware state in USA with a population of 4179 residents.. The poverty rate of Laurel is 33.4%, which is 139% higher than national average. The typical household in Laurel earns $37857 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Laurel, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laurel remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Laurel, only 16% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Laurel is 0, which is 100% lower than national average. Median home value in Laurel is $157000 , which is 32% lower than national average. While median income in Laurel remained $37857, which is 44% lower than national average.