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

Laurel, Montana

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

Laurel is a city in Yellowstone County, Montana, United States. It is the third largest community in the Billings Metropolitan Statistical Area, and is located in the Yellowstone Valley, as an east–west terminal division point of the BNSF Railway. The population was 7,222 at the 2020 census.

Laurel is home to a Cenex Harvest States oil refinery and BNSF's Laurel Yard, the largest rail yard between St. Paul, Minnesota and Pasco, Washington.

DEMOGRAPHICS

Population
6797
Unemployment
2.4%
49% NAT AVG.
Poverty
5.8%
59% NAT AVG.
Cost Of Living
94
6% NAT AVG.

ECONOMICS

Median Home Cost
$174100
24% NAT AVG.
Median Income
$56902
16% NAT AVG.
Median Rent
$835
28% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
167
6% NAT. AVG.
4% STATE AVG.
Violent Crime
18
31% NAT. AVG.
43% STATE AVG.
Property Crime
149
13% NAT. AVG.
4% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 17
Unemployed People
1 in 42
People Earning < $10,000
1 in 23
People Earning < $50,000
43.2%
People With Any Degree
1 in 3.1

ETHNICITY

Ethnicity Laurel USA
White 91.6% 60.1%
African American 0% 12.2%
American Indian 0.5% 0.6%
Asian 1.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.7% 2.8%
Hispanic 3.1% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Laurel USA
Less than $10,000 4.4% 5.8%
$10,000 to $14,999 3% 4.1%
$15,000 to $24,999 8% 8.5%
$25,000 to $34,999 12.6% 8.6%
$35,000 to $49,999 15.2% 12.0%
$50,000 to $74,999 20% 17.2%
$75,000 to $99,999 15.3% 12.8%
$100,000 to $149,999 14.4% 15.6%
$150,000 to $199,999 2.6% 7.1%

EDUCATION

Education Laurel USA
< 9th Grade 0% 5.0%
9-12th Grade 5% 7.0%
High School or GED 39% 27.0%
Other College 24% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 17% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Laurel is a city in Montana state in USA with a population of 6797 residents.. The poverty rate of Laurel is 5.8%, which is 59% lower than national average. The typical household in Laurel earns $56902 a year, compared to the national median of $67,500. Nearly 43.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Laurel remained 2.4%, which is 49% lower than national rate.

Cost of living in Laurel is 94, which is 6% lower than national average. In Laurel, only 22% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Laurel is $174100 , which is 24% lower than national average. While median income in Laurel remained $56902, which is 16% lower than national average.
Laurel Scorecard

Jobs80%

Housing70%

Affordability80%

Safety60%

Amenities85%

Diversity50%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.