Laurel, VA Real Estate
According to census data in the year 2000 there were 6,451 housing units in Laurel.
This represents a 11.8% growth from 5,771 in 1990.
Of those housing units, 6,451 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 58%.
Laurel's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Laurel were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 10.60% |
| Two Bedrooms | 38.40% |
| Three Bedrooms | 36.90% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $104,700 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $648 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 62% |
| Debt Free | 19.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
