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Housing Affordability in Laurel, FL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 29.9%
- Florida 37.7%
- Renters paying 30%+
- 47.5%
- Florida 60.1%
- Homeowners paying 30%+
- 28.6%
- Florida 27.5%
- Owner costs with a mortgage
- $2,705/mo
- Florida $1,959/mo
Housing costs compared with income
- Renters paying 30% or more18047.5%
- Homeowners paying 30% or more1,53128.6%
- Renters paying 50% or more12232.2%
- Median rent as a share of income: 29.1%
- Median owner costs as a share of income, with a mortgage: 26.1%
- Median owner costs without a mortgage: $847/mo
- Median home value divided by median household income: 5.2
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Laurel, FL | 29.9% | 47.5% | 28.6% | 29.1% |
| Sarasota County | 33.8% | 59.3% | 26.6% | 35.0% |
| Florida | 37.7% | 60.1% | 27.5% | 35.2% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Laurel, FL?
- In Laurel, FL, 29.9% of households spend 30% or more of their income on housing costs.
- How does Laurel compare with Florida?
- The households paying 30%+ for housing in Laurel is 29.9%, compared with 37.7% for Florida as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates