Laurel is a city in Maryland state in USA with a population of 25734 residents.. The poverty rate of Laurel is 9.7%, which is 31% lower than national average. The typical household in Laurel earns $80255 a year, compared to the national median of $67,500. Nearly 26.1% 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 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laurel remained 5.7%, which is 21% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Laurel, only 44% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Laurel is 122, which is 22% higher than national average. Median home value in Laurel is $281500 , which is 22% higher than national average. While median income in Laurel remained $80255, which is 19% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.