Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Laurel town, Delaware?
City · Census ACS 5-Year estimates
The median home value in Laurel town, Delaware is $230,300 (±$42,180), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,056/month, and the median household income is $48,644/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Laurel town, Delaware
| Metric | Value |
|---|---|
| Median Home Value | $230,300 |
| Median Gross Rent | $1,056 |
| Median Household Income | $48,644 |
| Total Housing Units | 1,609 |
| Renter-Occupied Units | 972 |
| Renter-Occupied Share | 60% |
How does Laurel town, Delaware compare?
Median home value ranked against all cities in Delaware.
Higher home value than 17% of cities in Delaware · 66th of 78
| # | City | Value |
|---|---|---|
| 1 | Henlopen Acres town | $2,000,001 |
| 2 | Rehoboth Beach city | $1,486,100 |
| 3 | Fenwick Island town | $1,394,700 |
| … 62 more … | ||
| 66 | Laurel town(you are here) | $230,300 |
| … 9 more … | ||
| 76 | Rodney Village CDP | $167,200 |
| 77 | Farmington town | $142,800 |
| 78 | Hartly town | $87,200 |
More data for Laurel town, Delaware
Frequently asked questions
What is the median home value in Laurel town, Delaware?
The median home value in Laurel town, Delaware is $230,300, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Laurel town, Delaware?
The median gross rent in Laurel town, Delaware is $1,056/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Laurel town, Delaware?
The median household income in Laurel town, Delaware is $48,644/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $230,300 has a margin of error of ±$42,180. In very small areas, MOEs can be large relative to the estimate.
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