Laurel

Population: 474
Median household income: $24,663
Median home value: $76,100

Laurel is a community in Franklin County, Indiana, home to 474 residents. At $24,663, its median household income sits below Franklin County's $79,702.

From 2019 to 2023, Laurel's population declined 40.3% from 794 to 474, while its median home value rose 31.0% from $58,100 to $76,100.

The typical home was built around 1951. 33.8% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 474
Median age: 28.0 yrs
Median household income: $24,663
Median home value: $76,100
Median gross rent: $973
Housing units: 250
Homeownership rate: 58.5%
Bachelor's degree or higher: 1.8%
Unemployment rate: 13.6%

Trends

ACS 5-year · 2019–2023

Population

794474

Median household income

$29,531$24,663

Median home value

$58,100$76,100

Median gross rent

$663$973

Year	Population	Median household income	Median home value	Median gross rent
2019	794	$29,531	$58,100	$663
2020	778	$19,846	$64,200	$774
2021	538	$22,097	$64,500	$834
2022	588	$23,125	$72,400	$845
2023	474	$24,663	$76,100	$973

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 514.1%

5 to 1717.7%

18 to 2410.8%

25 to 3418.8%

35 to 443.0%

45 to 5412.2%

55 to 648.6%

65 to 745.7%

75 and over9.1%

	Count	Share
Under 5	67	14.1%
5 to 17	84	17.7%
18 to 24	51	10.8%
25 to 34	89	18.8%
35 to 44	14	3.0%
45 to 54	58	12.2%
55 to 64	41	8.6%
65 to 74	27	5.7%
75 and over	43	9.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	378	79.7%
Black or African American	19	4.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	77	16.2%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma22.4%

High school graduate49.6%

Some college or associate's26.1%

Bachelor's degree0.0%

Graduate or professional degree1.8%

	Count	Share
No high school diploma	61	22.4%
High school graduate	135	49.6%
Some college or associate's	71	26.1%
Bachelor's degree	0	0.0%
Graduate or professional degree	5	1.8%

Commute to work

Mean travel time to work: 26 min

Drove alone84.2%

Carpooled4.7%

Public transit2.9%

Walked5.3%

Bicycle0.0%

Worked from home2.9%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	144	84.2%
Carpooled	8	4.7%
Public transit	5	2.9%
Walked	9	5.3%
Bicycle	0	0.0%
Worked from home	5	2.9%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	56	33.7%
15 to 29 min	28	16.9%
30 to 44 min	50	30.1%
45 to 59 min	17	10.2%
60+ min	15	9.0%

Households

Average household size: 2.31
Poverty rate: 33.8% (160 of 474)

	Count	Share
Family households	119	58.0%
Nonfamily households	86	42.0%

Housing

Median year structure built: 1951

Occupancy

	Count	Share
Occupied	205	82.0%
Vacant	45	18.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	120	58.5%
Renter-occupied	85	41.5%

1-unit, detached85.6%

1-unit, attached0.8%

2 to 4 units2.8%

5 to 19 units3.6%

20 or more units2.4%

Mobile home & other4.8%

Units in structure

	Count	Share
1-unit, detached	214	85.6%
1-unit, attached	2	0.8%
2 to 4 units	7	2.8%
5 to 19 units	9	3.6%
20 or more units	6	2.4%
Mobile home & other	12	4.8%

Geography

Place GEOID: 1842372
Type (LSAD): 43
Land area: 0.24 sq mi
Water area: 0 sq mi
Center point: 39.5020, -85.1879