Laurel, MT Real Estate
According to census data in the year 2000 there were 2,574 housing units in Laurel.
This represents a 0.8% decline from 2,596 in 1990.
Of those housing units, 2,574 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 72.9%.
Laurel's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Laurel were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 14.70% |
| Two Bedrooms | 27.60% |
| Three Bedrooms | 32.80% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 7.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $85,800 |
| Median Price asked for vacant units | $108,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 49.90% |
| Debt Free | 31.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
