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Laurel Micro Area Housing

 

As of 2010-2014, median price of a house in Laurel Area is $81,000, which is lower than the state average of $100,800 and is much lower than the national average of $175,700. The median year that a house in Laurel Area was built is 1979, which is older than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 23,519 Owner Occupied Houses in Laurel Area, #807
Laurel Area
81,000 USD
Mississippi
100,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Laurel Area
11.26%
Mississippi
41.18%
U.S.
46.91%

*The Laurel Area median house price growth rate is since 2005-2009. The Mississippi and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Laurel AreaMississippiU.S.
Total Housing Units36,743, see rank, 100%1,284,794132,741,033
Occupied Housing Units31,275, 85.12%, see rank85.04%87.55%
Owner Occupied23,519, 64.01%, see rank58.59%56.34%
Renter Occupied7,756, 21.11%, see rank26.45%31.21%
Vacant Housing Units5,468, 14.88%, see rank14.96%12.45%
For Rent850, 2.31%, see rank3.20%2.34%
For Sale Only264, 0.72%, see rank1.19%1.20%
Rented or Sold, Not Occupied501, 1.36%, see rank0.92%0.92%
For Seasonal, Recreational, or Occasional Use1,071, 2.91%, see rank3.09%3.97%
For Migrant Workers14, 0.04%, see rank0.05%0.03%
Other Vacant2,768, 7.53%, see rank6.50%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #299
Laurel AreaMississippiU.S.
197919821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Laurel Area%MississippiU.S.
Owner-Occupied Units23,519100%752,82574,787,460
With a Mortgage10,78345.85%, see rank53.37%65.58%
Without a Mortgage12,73654.15%, see rank46.63%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Laurel Area
965 USD
Mississippi
1,090 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLaurel Area%MississippiU.S.
$299 or Less710.66%, see rank0.32%0.20%
$300 to $4997316.78%, see rank3.84%1.59%
$500 to $6991,54214.30%, see rank11.99%5.01%
$700 to $9993,39331.47%, see rank26.92%14.32%
$1,000 to $1,4993,18529.54%, see rank32.71%27.90%
$1,500 to $1,9991,12610.44%, see rank14.24%20.35%
$2,000 to $2,9995535.13%, see rank7.78%19.52%
$3,000 or More1821.69%, see rank2.22%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Laurel Area
22.20% of the Total Income
Mississippi
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Laurel Area%MississippiU.S.
10% or Less7066.55%, see rank6.94%5.86%
10% to 20%3,87135.90%, see rank35.03%31.95%
20% to 30%2,55923.73%, see rank25.20%27.64%
30% to 40%1,34112.44%, see rank12.61%13.74%
40% or More2,09519.43%, see rank19.44%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Laurel Area
327 USD
Mississippi
342 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLaurel Area%MississippiU.S.
$199 or Less1,59212.50%, see rank14.03%7.76%
$200 to $2993,84730.21%, see rank25.44%14.70%
$300 to $4994,70936.97%, see rank39.59%34.63%
$500 to $6991,99815.69%, see rank14.55%21.16%
$700 or More5904.63%, see rank6.39%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Laurel Area
12.60% of the Total Income
Mississippi
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Laurel Area%MississippiU.S.
10% or Less4,85838.14%, see rank41.93%40.19%
10% to 20%4,03431.67%, see rank30.64%31.47%
20% to 30%1,51611.90%, see rank11.80%12.24%
30% to 40%7766.09%, see rank5.63%5.64%
40% or More1,27310.00%, see rank8.24%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Laurel AreaMississippiU.S.
Total Housing Units36,743, 100%1,284,794132,741,033
1-unit, Detached24,953, 67.91%, see rank69.39%61.65%
1-unit, Attached362, 0.99%, see rank1.19%5.82%
2 Units381, 1.04%, see rank2.31%3.75%
3 or 4 Units844, 2.30%, see rank3.00%4.43%
5 to 9 Units1,411, 3.84%, see rank4.56%4.78%
10 or More Units653, 1.78%, see rank4.24%13.08%
Mobile Home, Boat, RV, Van, etc.8,139, 22.15%, see rank15.31%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Laurel AreaMississippiU.S.
Total Housing Units36,743, 100%1,284,794132,741,033
1 Room587, 1.60%, see rank1.21%1.95%
2 Rooms281, 0.76%, see rank1.58%2.48%
3 Rooms1,797, 4.89%, see rank6.13%9.13%
4 Rooms5,913, 16.09%, see rank16.22%16.60%
5 Rooms9,976, 27.15%, see rank26.42%20.41%
6 Rooms8,264, 22.49%, see rank20.78%18.06%
7 Rooms4,662, 12.69%, see rank12.73%12.27%
8 Rooms2,921, 7.95%, see rank7.32%8.48%
9 Rooms or More2,342, 6.37%, see rank7.61%10.60%
Median Rooms5.50, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Laurel AreaMississippiU.S.
Total Housing Units36,743, 100%1,284,794132,741,033
No Bedroom637, 1.73%, see rank1.31%2.17%
1 Bedroom1,604, 4.37%, see rank5.88%11.16%
2 Bedrooms8,667, 23.59%, see rank22.42%26.69%
3 Bedrooms20,013, 54.47%, see rank53.47%39.70%
4 Bedrooms5,139, 13.99%, see rank14.46%16.05%
5 or More Bedrooms683, 1.86%, see rank2.46%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Laurel AreaMississippiU.S.
Total Housing Units31,275, 100%1,092,627116,211,092
Utility Gas7,459, 23.85%, see rank30.86%48.85%
Bottled, Tank, or LP Gas4,062, 12.99%, see rank12.73%4.86%
Electricity19,179, 61.32%, see rank54.38%36.68%
Fuel Oil, Kerosene, etc.43, 0.14%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood437, 1.40%, see rank1.52%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel45, 0.14%, see rank0.13%0.47%
No Fuel Used50, 0.16%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLaurel AreaMississippiU.S.
Occupied Units Paying Rent6,503, 100%295,00339,201,928
$199 or Less271, 4.17%, see rank2.92%1.50%
$200 to $299493, 7.58%, see rank5.50%3.18%
$300 to $4991,322, 20.33%, see rank14.14%7.37%
$500 to $6991,964, 30.20%, see rank25.54%16.01%
$700 to $9991,886, 29.00%, see rank33.80%29.17%
$1,000 to $1,499488, 7.50%, see rank15.24%26.88%
$1,500 to $1,99911, 0.17%, see rank2.09%9.79%
$2,000 or More68, 1.05%, see rank0.76%6.10%
Median$628, see rank$714$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Laurel AreaMississippiU.S.
Occupied Housing Units31,275, 100%1,092,627116,211,092
No Vehicles Available2,135, 6.83%, see rank6.90%9.12%
1 Vehicles Available10,400, 33.25%, see rank33.90%33.80%
2 Vehicles Available11,459, 36.64%, see rank37.27%37.48%
3 or More Vehicles Available7,281, 23.28%, see rank21.93%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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