Laurel is a city in Mississippi state in USA with a population of 18403 residents.. The poverty rate of Laurel is 30.6%, which is 119% higher than national average. The typical household in Laurel earns $34114 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 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 64.1% 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 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laurel remained 7.2%, which is 53% higher than national rate. Nearly 2 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 24% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Laurel is 81, which is 19% lower than national average. Median home value in Laurel is $93200 , which is 59% lower than national average. While median income in Laurel remained $34114, which is 49% lower than national average.