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Housing Affordability in Laurel, MD
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
- 37.5%
- Maryland 31.9%
- Renters paying 30%+
- 45.0%
- Maryland 51.5%
- Homeowners paying 30%+
- 28.3%
- Maryland 22.9%
- Owner costs with a mortgage
- $2,311/mo
- Maryland $2,347/mo
Housing costs compared with income
- Renters paying 30% or more3,02945.0%
- Homeowners paying 30% or more1,55228.3%
- Renters paying 50% or more1,30119.3%
- Median rent as a share of income: 27.3%
- Median owner costs as a share of income, with a mortgage: 24.0%
- Median owner costs without a mortgage: $759/mo
- Median home value divided by median household income: 3.8
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Laurel, MD | 37.5% | 45.0% | 28.3% | 27.3% |
| Prince George's County | 37.5% | 52.9% | 28.6% | 31.6% |
| Maryland | 31.9% | 51.5% | 22.9% | 30.8% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Laurel, MD?
- In Laurel, MD, 37.5% of households spend 30% or more of their income on housing costs.
- How does Laurel compare with Maryland?
- The households paying 30%+ for housing in Laurel is 37.5%, compared with 31.9% for Maryland as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates