Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Laurel is a moderately-sized city located in the state of Florida. The city has a population of 12,153 inhabitants. According to the most recent Census, 88% of Laurel residents are White, 6% Black and 2% Asian. The Laurel population appears to be aging at a faster rate than normal. The median age is currently 61, which is on the high side when compared to most other cities. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Laurel is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Laurel can be a fulfilling experience for anyone moving to the city. Having said that, in the state of Florida, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, education, housing, you can easily compare the best places to live in Laurel and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Laurel to Florida and the national average.
Using data and statistics Laurel has received a livability score of 68/100. This score is ranked in the 72nd percentile when compared to all other cities. For each of the livability categories, we know that Laurel ranks very well for crime (B), cost of living (B), employment (B-) and housing (A+). There are some categories that Laurel scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
The Laurel unemployment rate of 2.73% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Laurel market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Laurel is real estate affordability. Median real estate prices in Laurel come in at $332,000, which is 99% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Laurel, the home price to income ratio is 5, which is 47.1% higher than the Florida average.
Statistic | Laurel | Florida | National |
Average one way commute | 26min | 27min | 26min |
Workers who drive to work | 81.4% | 79.5% | 76.4% |
Workers who carpool | 3.2% | 9.3% | 9.3% |
Workers who take public transit | 1.3% | 2.1% | 5.1% |
Workers who bicycle | 0.9% | 0.7% | 0.6% |
Workers who walk | 1.4% | 1.5% | 2.8% |
Working from home | 11.8% | 5.4% | 4.6% |