Laurium, Michigan Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Laurium, Michigan had a total population of 1,509, the 366th largest village in Michigan, with a median household income of $54,167, which is 26% lower than the state average. The poverty rate is 16.0%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Laurium Quick Facts
How Laurium Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,073 | 1,509 | -27.2% |
| Median household income | $49,382 | $54,167 | No clear change (+9.7%) |
| Median home value¹ | $93,165 | $126,100 | +35.4% |
| Median gross rent | $646 | $808 | No clear change (+25.1%) |
How Laurium Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 91.2%
- Black: 1.1%
- Hispanic: 5.4%
- Asian: 0.0%
- Other: 0.0%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 11.5%
- HS Diploma: 26.5%
- Some College: 26.3%
- Associate's: 4.6%
- Bachelor's: 14.6%
- Graduate+: 16.5%
Laurium Rankings in Michigan
Explore Michigan Rankings
Other Cities in Houghton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Houghton | 8,474 | $43,456 | 40.1% | $254,500 |
| Hancock | 4,574 | $59,519 | 19.1% | $165,600 |
| Dollar Bay | 1,049 | $61,250 | 13.5% | $153,100 |
| Lake Linden | 1,020 | $43,472 | 13.8% | $97,000 |
| Chassell | 899 | $54,148 | 17.0% | $167,600 |
| Hubbell | 881 | $53,333 | 4.4% | $85,400 |
| Calumet | 645 | $26,667 | 42.6% | $84,400 |
| Atlantic Mine | 491 | $55,481 | 16.5% | $103,500 |
| South Range | 482 | $58,542 | 23.6% | $101,100 |
| Painesdale | 416 | $63,750 | 13.3% | $92,800 |
Cities Similar to Laurium
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Edmore | 1,514 | $54,063 | $105,500 | 15.3% | 32.2% |
| Nashville | 1,503 | $56,143 | $130,900 | 10.6% | 9.7% |
| Breckenridge | 1,517 | $57,540 | $111,500 | 12.2% | 17.9% |
| Edwardsburg | 1,472 | $52,500 | $122,200 | 15.2% | 18.0% |
| Scottville | 1,474 | $51,953 | $134,300 | 14.2% | 27.5% |
Population Overview
Laurium is a small community located in Michigan, within Houghton County. The total population is 1,509. It ranks as the 366th most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Laurium is 46.1 years. This is 15% higher than the state median of 40.2 years. Only 14.1% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Laurium is $54,167. This is 26% lower than the state median of $72,875. It is also 33% lower than the national median of $80,734. The poverty rate stands at 16.0%. This is 21% higher than the state poverty rate of 13.2%. The unemployment rate is 3.6%. This is 37% lower than the state rate of 5.7%. The median home value is $126,100. Housing costs are 46% lower than the state median of $231,600. With a home-value-to-income ratio of just 2.3x, Laurium is one of the most affordable housing markets in the area. 75.8% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 73.2%.
Race & Ethnicity
Laurium has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 5.4%. The Black or African American population (1.1%) is well below the state average of 13.1%.
Education
31.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.5%. Notably, 16.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Laurium, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Laurium, Michigan?
Laurium, Michigan has a population of 1,509 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Laurium, MI?
The median household income in Laurium is $54,167, which is 33% lower than the national median of $80,734.
What is the poverty rate in Laurium, MI?
The poverty rate in Laurium is 16.0%. This means approximately 242 residents live below the federal poverty line.
What is the racial makeup of Laurium, Michigan?
Laurium's population is 91.2% White, 1.1% Black, 5.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Laurium, MI?
The median home value in Laurium is $126,100. The home-value-to-income ratio is 2.3x.
How educated is Laurium, Michigan?
31.1% of adults (25+) in Laurium hold a bachelor's degree or higher, and 16.5% hold a graduate or professional degree.