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Laurel, MS Housing

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As of 2010-2014, median price of a house in Laurel is $74,500, which is lower than the state average of $100,800 and is much lower than the national average of $175,700. The Laurel median house value has grown by 44.38% since 2000. The growth rate for the price of a house in Laurel is higher than the state average rate of 41.18% and is lower than the national average rate of 46.91%. The median year that a house in Laurel was built is 1965, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,821 Owner Occupied Houses in Laurel, MS, #189

Laurel, MS	74,500 USD
Mississippi	100,800 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #150

Laurel, MS	44.38%
Mississippi	41.18%
U.S.	46.91%

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, MS	Mississippi	U.S.
Total Housing Units	8,110, see rank, 100%	1,284,794	132,741,033
Occupied Housing Units	6,738, 83.08%, see rank	85.04%	87.55%
Owner Occupied	3,821, 47.11%, see rank	58.59%	56.34%
Renter Occupied	2,917, 35.97%, see rank	26.45%	31.21%
Vacant Housing Units	1,372, 16.92%, see rank	14.96%	12.45%
For Rent	170, 2.10%, see rank	3.20%	2.34%
For Sale Only	128, 1.58%, see rank	1.19%	1.20%
Rented or Sold, Not Occupied	100, 1.23%, see rank	0.92%	0.92%
For Seasonal, Recreational, or Occasional Use	189, 2.33%, see rank	3.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	785, 9.68%, see rank	6.50%	4.00%

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

Year Structure Built

Median Built Year, #343

Laurel, MS	Mississippi	U.S.
1965	1982	1976

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, MS	%	Mississippi	U.S.
Owner-Occupied Units	3,821	100%	752,825	74,787,460
With a Mortgage	1,966	51.45%, see rank	53.37%	65.58%
Without a Mortgage	1,855	48.55%, see rank	46.63%	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, MS	961 USD
Mississippi	1,090 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Laurel, MS	%	Mississippi	U.S.
$299 or Less	5	0.25%, see rank	0.32%	0.20%
$300 to $499	13	0.66%, see rank	3.84%	1.59%
$500 to $699	285	14.50%, see rank	11.99%	5.01%
$700 to $999	784	39.88%, see rank	26.92%	14.32%
$1,000 to $1,499	635	32.30%, see rank	32.71%	27.90%
$1,500 to $1,999	70	3.56%, see rank	14.24%	20.35%
$2,000 to $2,999	100	5.09%, see rank	7.78%	19.52%
$3,000 or More	74	3.76%, see rank	2.22%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Laurel, MS	22.40% 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, MS	%	Mississippi	U.S.
10% or Less	67	3.41%, see rank	6.94%	5.86%
10% to 20%	802	40.79%, see rank	35.03%	31.95%
20% to 30%	373	18.97%, see rank	25.20%	27.64%
30% to 40%	172	8.75%, see rank	12.61%	13.74%
40% or More	544	27.67%, see rank	19.44%	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, MS	338 USD
Mississippi	342 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Laurel, MS	%	Mississippi	U.S.
$199 or Less	246	13.26%, see rank	14.03%	7.76%
$200 to $299	487	26.25%, see rank	25.44%	14.70%
$300 to $499	718	38.71%, see rank	39.59%	34.63%
$500 to $699	291	15.69%, see rank	14.55%	21.16%
$700 or More	113	6.09%, see rank	6.39%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Laurel, MS	13.00% 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, MS	%	Mississippi	U.S.
10% or Less	667	35.96%, see rank	41.93%	40.19%
10% to 20%	674	36.33%, see rank	30.64%	31.47%
20% to 30%	298	16.06%, see rank	11.80%	12.24%
30% to 40%	66	3.56%, see rank	5.63%	5.64%
40% or More	135	7.28%, see rank	8.24%	9.16%

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

Units in Structure

	Laurel, MS	Mississippi	U.S.
Total Housing Units	8,110, 100%	1,284,794	132,741,033
1-unit, Detached	6,049, 74.59%, see rank	69.39%	61.65%
1-unit, Attached	101, 1.25%, see rank	1.19%	5.82%
2 Units	261, 3.22%, see rank	2.31%	3.75%
3 or 4 Units	414, 5.10%, see rank	3.00%	4.43%
5 to 9 Units	669, 8.25%, see rank	4.56%	4.78%
10 or More Units	323, 3.98%, see rank	4.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	293, 3.61%, see rank	15.31%	6.49%

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

Rooms

	Laurel, MS	Mississippi	U.S.
Total Housing Units	8,110, 100%	1,284,794	132,741,033
1 Room	143, 1.76%, see rank	1.21%	1.95%
2 Rooms	124, 1.53%, see rank	1.58%	2.48%
3 Rooms	485, 5.98%, see rank	6.13%	9.13%
4 Rooms	1,223, 15.08%, see rank	16.22%	16.60%
5 Rooms	2,291, 28.25%, see rank	26.42%	20.41%
6 Rooms	1,802, 22.22%, see rank	20.78%	18.06%
7 Rooms	850, 10.48%, see rank	12.73%	12.27%
8 Rooms	689, 8.50%, see rank	7.32%	8.48%
9 Rooms or More	503, 6.20%, see rank	7.61%	10.60%
Median Rooms	5.40, see rank	5.40	5.50

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

Bedrooms

	Laurel, MS	Mississippi	U.S.
Total Housing Units	8,110, 100%	1,284,794	132,741,033
No Bedroom	167, 2.06%, see rank	1.31%	2.17%
1 Bedroom	615, 7.58%, see rank	5.88%	11.16%
2 Bedrooms	1,945, 23.98%, see rank	22.42%	26.69%
3 Bedrooms	4,321, 53.28%, see rank	53.47%	39.70%
4 Bedrooms	876, 10.80%, see rank	14.46%	16.05%
5 or More Bedrooms	186, 2.29%, see rank	2.46%	4.22%

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

House Heating Fuel

	Laurel, MS	Mississippi	U.S.
Total Housing Units	6,738, 100%	1,092,627	116,211,092
Utility Gas	3,345, 49.64%, see rank	30.86%	48.85%
Bottled, Tank, or LP Gas	217, 3.22%, see rank	12.73%	4.86%
Electricity	3,144, 46.66%, see rank	54.38%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	0, 0.00%, see rank	1.52%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.13%	0.47%
No Fuel Used	32, 0.47%, see rank	0.24%	1.00%

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

Gross Rent

Monthly Rental	Laurel, MS	Mississippi	U.S.
Occupied Units Paying Rent	2,723, 100%	295,003	39,201,928
$199 or Less	179, 6.57%, see rank	2.92%	1.50%
$200 to $299	152, 5.58%, see rank	5.50%	3.18%
$300 to $499	623, 22.88%, see rank	14.14%	7.37%
$500 to $699	916, 33.64%, see rank	25.54%	16.01%
$700 to $999	593, 21.78%, see rank	33.80%	29.17%
$1,000 to $1,499	221, 8.12%, see rank	15.24%	26.88%
$1,500 to $1,999	11, 0.40%, see rank	2.09%	9.79%
$2,000 or More	28, 1.03%, see rank	0.76%	6.10%
Median	$576, see rank	$714	$920

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

Vehicle Available

	Laurel, MS	Mississippi	U.S.
Occupied Housing Units	6,738, 100%	1,092,627	116,211,092
No Vehicles Available	745, 11.06%, see rank	6.90%	9.12%
1 Vehicles Available	2,636, 39.12%, see rank	33.90%	33.80%
2 Vehicles Available	2,139, 31.75%, see rank	37.27%	37.48%
3 or More Vehicles Available	1,218, 18.08%, see rank	21.93%	19.61%

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