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Laurel, Montana Demographics & Population 2026

During the 2020–2024 ACS period, Laurel, Montana had a total population of 7,215, the 17th largest city in Montana, with a median household income of $68,474, which is 6% lower than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Laurel Quick Facts

Population 7,215
Median Household Income $68,474
Median Home Value $235,100
Poverty Rate 10.0%
Unemployment Rate 2.4%
Median Age 37.1 years
Homeownership Rate 58.7%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 20.8%
High School Graduation Rate 95.3%
Diversity Index 30/100
Population 7,215 17th of 475
Median Income $68,474 average
Poverty Rate 10.0% 19% lower than national
Median Home Value $235,100 average

How Laurel Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,1987,215+0.2%
Median household income$66,382$68,474+3.2%
Median home value$232,700$235,100+1.0%

How Laurel Compares

Economy & Housing

Household Income Distribution

Under $25K 11.8%
$25K-$50K 18.6%
$50K-$100K 42.2%
$100K+ 27.4%
Detailed income brackets
Under $10K
4.9%
$10K-$15K
2.9%
$15K-$20K
1.9%
$20K-$25K
2.0%
$25K-$30K
4.0%
$30K-$35K
7.8%
$35K-$40K
3.7%
$40K-$45K
2.2%
$45K-$50K
1.0%
$50K-$60K
10.7%
$60K-$75K
16.2%
$75K-$100K
15.4%
$100K-$125K
9.1%
$125K-$150K
4.5%
$150K-$200K
5.7%
$200K+
8.0%

Employment

2.4% Unemployment Rate State: 3.6%|National: 5.2%
70.0% Labor Force Participation

Housing Overview

Owner 58.7%
Renter 41.3%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $974/mo 17.1% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

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

State average: 29 | National average: 61

Education

Laurel Rankings in Montana

#17 Population of 475
#139 Median Income of 341
#246 Education of 473
#173 Home Value of 320

Other Cities in Yellowstone County

CityPopulationMedian IncomePovertyHome Value
Billings 119,434 $73,712 9.8% $343,400
Lockwood 7,181 $75,700 10.7% $235,400
Huntley 455 $94,821 0.0% $233,600
Worden 416 N/A 3.1% N/A
Shepherd 353 $80,125 4.8% $114,400
Ballantine 262 N/A 0.0% $284,000
Custer 199 $82,500 20.1% $137,500
Broadview 175 $78,438 8.0% $165,600
Acton 87 $36,042 40.2% N/A
Nibbe 62 N/A 24.2% N/A

Cities Similar to Laurel

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lockwood7,181$75,700$235,40015.4%10.7%
Miles City8,407$67,727$200,20025.4%11.4%
Sidney6,171$62,538$236,90022.0%7.7%
Livingston8,780$65,861$392,40038.6%13.7%
Whitefish8,749$73,811$684,30056.8%9.4%

Population Overview

Laurel is a small city located in Montana, within Yellowstone County. The total population is 7,215. It ranks as the 17th most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Laurel is 37.1 years. This is 8% lower than the state median of 40.4 years.

Economy, Income & Housing

The median household income in Laurel is $68,474. This is 6% lower than the state median of $72,509. It is also 15% lower than the national median of $80,734. The poverty rate stands at 10.0%. This is 13% lower than the state poverty rate of 11.5%. The unemployment rate is 2.4%. This is 34% lower than the state rate of 3.6%. The median home value is $235,100. Housing costs are 37% lower than the state median of $375,800. The home-value-to-income ratio is 3.4x. 58.7% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 69.2%.

Race & Ethnicity

The largest racial or ethnic group in Laurel is White (non-Hispanic), making up 82.8% of the population. Hispanic or Latino residents account for 8.2%. The Hispanic or Latino population is significantly higher than the state average (8.2% vs 4.6%). The Asian population is significantly higher than the state average (2.1% vs 0.8%).

Education

20.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%.

Data Sources & Methodology

All demographic data for Laurel, Montana 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 Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. 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 Laurel, Montana?

Laurel, Montana has a population of 7,215 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Laurel, MT?

The median household income in Laurel is $68,474, which is 15% lower than the national median of $80,734.

What is the poverty rate in Laurel, MT?

The poverty rate in Laurel is 10.0%. This means approximately 715 residents live below the federal poverty line.

What is the racial makeup of Laurel, Montana?

Laurel's population is 82.8% White, 0.4% Black, 8.2% Hispanic/Latino, and 2.1% Asian.

What is the median home value in Laurel, MT?

The median home value in Laurel is $235,100. The home-value-to-income ratio is 3.4x.

How educated is Laurel, Montana?

20.8% of adults (25+) in Laurel hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.