Laurel, DE Real Estate
According to census data in the year 2000 there were 1,504 housing units in Laurel.
This represents a 13.8% growth from 1,322 in 1990.
Of those housing units, 1,475 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.
Homeownership rate in Laurel is about 52.9%.
Laurel's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Laurel were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 14.50% |
| Two Bedrooms | 21.30% |
| Three Bedrooms | 48.10% |
| Four Bedrooms | 14.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $79,900 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $410 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 35.70% |
| Debt Free | 58.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
