Pros and Cons of Living In Laurel, Maryland. Is Laurel, MD a Nice Place To Live or Retire?

Laurel, Maryland

Moving to Laurel In Maryland ? Is Laurel, MD a Nice Place To Live? Pros and Cons of Living in Laurel, Maryland. Find out the best and worst about to live, raise a family or retire in Laurel.

Laurel is a city in Maryland, United States, located midway between Washington, D.C. and Baltimore on the banks of the Patuxent River, in northern Prince George's County. Founded as a mill town in the early 19th century, Laurel expanded local industry and was later able to become an early commuter town for Washington and Baltimore workers following the arrival of the Baltimore and Ohio Railroad in 1835. Largely residential today, the city maintains a historic district centered on its Main Street, highlighting its industrial past.

The Department of Defense is a prominent presence in the Laurel area today, with the Fort Meade Army base, the NSA and Johns Hopkins' Applied Physics Laboratory all located nearby. Laurel Park, a thoroughbred horse...

DEMOGRAPHICS

Population
25734
Unemployment
5.7%
21% NAT AVG.
Poverty
9.7%
31% NAT AVG.
Cost Of Living
122
22% NAT AVG.

ECONOMICS

Median Home Cost
$281500
22% NAT AVG.
Median Income
$80255
19% NAT AVG.
Median Rent
$1611
39% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
1010
67% NAT. AVG.
95% STATE AVG.
Violent Crime
123
23% NAT. AVG.
19% STATE AVG.
Property Crime
887
75% NAT. AVG.
113% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 18
People Earning < $10,000
1 in 32
People Earning < $50,000
26.1%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Laurel USA
White 18.4% 60.1%
African American 49.8% 12.2%
American Indian 0.2% 0.6%
Asian 8.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.3% 2.8%
Hispanic 18.8% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Laurel USA
Less than $10,000 3.1% 5.8%
$10,000 to $14,999 1.6% 4.1%
$15,000 to $24,999 6.7% 8.5%
$25,000 to $34,999 7.1% 8.6%
$35,000 to $49,999 7.6% 12.0%
$50,000 to $74,999 20.4% 17.2%
$75,000 to $99,999 15.5% 12.8%
$100,000 to $149,999 20.1% 15.6%
$150,000 to $199,999 9% 7.1%

EDUCATION

Education Laurel USA
< 9th Grade 4% 5.0%
9-12th Grade 7% 7.0%
High School or GED 19% 27.0%
Other College 20% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 15% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
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. 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.

Cost of living in Laurel is 122, which is 22% higher than national average. In Laurel, only 44% of adults have a bachelor's degree and 26% have some college but no degree. 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.
Laurel Scorecard

Jobs80%

Housing90%

Affordability50%

Safety95%

Amenities95%

Diversity100%

Education80%

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