Laurel, NE Profile: Facts & Data

Laurel, Nebraska - Basic Facts

The City of Laurel had a population of 1,000 as of July 1, 2023.

The primary coordinate point for Laurel is located at latitude 42.4294 and longitude -97.0898 in Cedar County. The formal boundaries for the City of Laurel encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Cedar County is in the Central time zone (GMT -6).

The City of Laurel has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Laurel is located within Election Precinct 21, a minor civil division (MCD) of Cedar County.

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Laurel, NE Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	1,000 (100%)
Population in Households	971 (97.1%)
Population in Families	794 (79.4%)
Population in Group Quarters¹	29 ( 2.9%)
Population Density	739
Diversity Index²	15


INCOME
Median Household Income	$64,188
Average Household Income	$89,529
% of Income for Mortgage⁴	13%
Per Capita Income	$38,346
Wealth Index⁵	79
Socioeconomic Status Index⁶	Moderate (62.5)

HOUSING
Total HU (Housing Units)	475 (100%)
Owner Occupied HU	307 (64.6%)
Renter Occupied HU	121 (25.5%)
Vacant Housing Units	47 ( 9.9%)
Median Home Value	$136,538
Average Home Value	$166,287
Housing Affordability Index³	188

HOUSEHOLDS
Total Households	428
Average Household Size	2.27
Family Households	267
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

475 (100%)

Owner Occupied HU

307 (64.6%)

Renter Occupied HU

121 (25.5%)

Vacant Housing Units

47 ( 9.9%)

Median Home Value

$136,538

Average Home Value

$166,287

Housing Affordability Index³

188

HOUSEHOLDS

Total Households

428

Average Household Size

2.27

Family Households

267

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	0.88%	0.10%
Households	1.10%	0.28%
Families		0.15%
Median Household Income		2.14%
Per Capita Income		2.43%
Owner Occupied HU		0.96%

GROWTH RATE / YEAR

2020-2023

2023-2028

Population

0.88%

0.10%

Households

1.10%

0.28%

Families

0.15%

Median Household Income

2.14%

Per Capita Income

2.43%

Owner Occupied HU

0.96%

Laurel, NE - Peer Comparisons by Rank and Percentile

The table below compares Laurel to the other 590 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 113	81st
Population Density	# 311	47th
Median Household Income	# 325	45th
Housing Affordability Index	# 509	86th
Per Capita Income	# 259	56th
Diversity Index	# 362	39th

Variable Description

Rank

Percentile

Total Population

# 113

81st

Population Density

# 311

47th

Median Household Income

# 325

45th

Housing Affordability Index

# 509

86th

Per Capita Income

# 259

56th

Diversity Index

# 362

39th

Nebraska Census Data Comparison Tool

Laurel, NE Profile: Facts & Data

Laurel, Nebraska - Basic Facts

Laurel, NE Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Laurel, NE - Peer Comparisons by Rank and Percentile

Laurel, NE - Most Popular Things to Do

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Cedar County