Laurel, MD 20707 has a population of approximately 32,843 and experiences a population change rate of 28.11%. The population density is 2,947.9 / sq mi .
Laurel, MD 20707 has a population of approximately 32,843 and experiences a population change rate of 28.11%. The population density is 2,947.9 / sq mi .
The median household income for Laurel, MD 20707 is $91,315, with 13,525 households and an average household size of 2.65.
The median value of a home in Laurel, MD 20707 is $366,400 with an appreciation rate of 10.70%. 52.42% of housing in the state is owned while 40.87% is rented.
The cost of living in Laurel, MD 20707 is 131.5 %.
The unemployment rate in Laurel, MD 20707 is 2.00%, and recent job growth is at 1.99%. Future job growth is projected at 33.00%.
The sales tax rate in Laurel, MD 20707 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Laurel, MD 20707 are $17,603, and the school ratio is 13.9:1.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 44.5 inches per year, with 13.2 inches of snow per year.