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Laurel town, Indiana Demographics & Population 2026

High PovertyPoverty rate of 33.8% is well above the state average

As of 2026, Laurel town, Indiana has a total population of 474, the 522nd largest city in Indiana, with a median household income of $24,663, which is 65% lower than the state average. The poverty rate is 33.8%.

Key Takeaways

Laurel town Quick Facts

Population 474
Median Household Income $24,663
Median Home Value $76,100
Poverty Rate 33.8%
Unemployment Rate 13.6%
Median Age 28.0 years
Homeownership Rate 58.5%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 1.8%
High School Graduation Rate 77.6%
Diversity Index 31/100
Population 474 522nd of 967
Median Income $24,663 bottom 10%
Poverty Rate 33.8% 171% higher national
Median Home Value $76,100 bottom 10%

How Laurel town Compares

Economy & Housing

Employment

13.6% Unemployment Rate State: 4.3% | National: 5.2%
57.1% Labor Force Participation

Housing Overview

Owner 58.5%
Renter 41.5%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Laurel town Rankings in Indiana

#522 Population of 967
#810 Median Income of 967
#818 Education of 967
#760 Home Value of 967

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Brookville town 2,640 $58,750 8.6% $172,100
Whitewater town 71 $60,536 7.0% $80,000

Cities Similar to Laurel town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Prairieton CDP449N/A$374,1000.0%26.7%
Lake Village CDP533N/A$152,70022.1%27.0%
Bethel Village CDP545N/A$155,4008.0%0.0%
Van Bibber Lake CDP483$32,195N/A0.0%20.1%
Charlottesville CDP403N/A$210,40030.6%0.0%

Population Overview

Laurel town is a small community located in Indiana, within Franklin County. The total population is 474. It ranks as the 522nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Laurel town is 28.0 years. This is 26% lower than the state median of 38.0 years. With 31.9% of the population under 18, Laurel town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Laurel town is $24,663. This is 65% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 69% lower. The poverty rate stands at 33.8%. This is 177% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 13.6%. This is 217% higher than the state rate of 4.3%. The median home value is $76,100. Housing costs are 62% lower than the state median of $201,600. The home-value-to-income ratio is 3.1x. 58.5% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Laurel town is White (non-Hispanic), making up 79.8% of the population. Black or African American residents account for 4.0%. The Black or African American population (4.0%) is well below the state average of 9.1%.

Education

1.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 94% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.6%.

Data Sources & Methodology

All demographic data for Laurel town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Laurel town, Indiana?

Laurel town, Indiana has a population of 474 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Laurel town, IN?

The median household income in Laurel town is $24,663, which is 69% lower the national median of $78,538.

What is the poverty rate in Laurel town, IN?

The poverty rate in Laurel town is 33.8%. This means approximately 160 residents live below the federal poverty line.

What is the racial makeup of Laurel town, Indiana?

Laurel town's population is 79.8% White, 4.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Laurel town, IN?

The median home value in Laurel town is $76,100. The home-value-to-income ratio is 3.1x.

How educated is Laurel town, Indiana?

1.8% of adults (25+) in Laurel town hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.