Laurel, MD Real Estate
According to census data in the year 2000 there were 9,548 housing units in Laurel.
This represents a 5.5% growth from 9,049 in 1990.
Of those housing units, 9,548 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Laurel is about 49.9%.
Laurel's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Laurel were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.20% |
| One Bedroom | 28.50% |
| Two Bedrooms | 29% |
| Three Bedrooms | 31.40% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $126,400 |
| Median Price asked for vacant units | $111,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $647 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 68.80% |
| Debt Free | 12.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.5% |
