Laurel, MS Real Estate

According to census data in the year 2000 there were 7,852 housing units in Laurel. This represents a 6.3% decline from 8,381 in 1990.

Of those housing units, 7,677 were located in either urbanized areas or urban clusters, and 175 were located in what is classified as a rural area.

Homeownership rate in Laurel is about 60.9%. Laurel's vacancy rate, including seasonal lodging, is about 11.1%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Laurel were built after 1960.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom11.40%
Two Bedrooms27.50%
Three Bedrooms46.10%
Four Bedrooms11.20%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1959
Median Value of occupied units$51,600
Median Price asked for vacant units$37,300

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1961
Median Monthly Rent asked for vacant units$268

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan3.40%
Simple Mortgage44.20%
Debt Free47.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%