Laurel, NE Profile: Facts & Data

Laurel, Nebraska - Basic Facts

The City of Laurel had a population of 959 as of July 1, 2024.

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, 2024)

POPULATION
Total Population	959 (100%)
Population in Households	930 (97.0%)
Population in Families	718 (74.9%)
Population in Group Quarters¹	29 ( 3.0%)
Population Density	724
Diversity Index²	15


INCOME
Median Household Income	$62,345
Average Household Income	$84,927
% of Income for Mortgage⁴	16%
Per Capita Income	$36,267
Wealth Index⁵	69
Socioeconomic Status Index⁶	Moderate (59.1)

HOUSING
Total HU (Housing Units)	453 (100%)
Owner Occupied HU	304 (67.1%)
Renter Occupied HU	105 (23.2%)
Vacant Housing Units	44 ( 9.7%)
Median Home Value	$157,042
Average Home Value	$179,276
Housing Affordability Index³	151

HOUSEHOLDS
Total Households	409
Average Household Size	2.27
Family Households	244
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

453 (100%)

Owner Occupied HU

304 (67.1%)

Renter Occupied HU

105 (23.2%)

Vacant Housing Units

44 ( 9.7%)

Median Home Value

$157,042

Average Home Value

$179,276

Housing Affordability Index³

151

HOUSEHOLDS

Total Households

409

Average Household Size

2.27

Family Households

244

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	2020-2024	2024-2029
Population	-0.32%	-0.25%
Households	-0.23%	-0.15%
Families		-0.41%
Median Household Income		2.21%
Per Capita Income		2.07%
Owner Occupied HU		0.20%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.32%

-0.25%

Households

-0.23%

-0.15%

Families

-0.41%

Median Household Income

2.21%

Per Capita Income

2.07%

Owner Occupied HU

0.20%

Laurel, NE - Peer Comparisons by Rank and Percentile

The table below compares Laurel to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 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	# 117	80th
Population Density	# 312	48th
Median Household Income	# 387	35th
Housing Affordability Index	# 457	77th
Per Capita Income	# 347	42nd
Diversity Index	# 390	34th

Variable Description

Rank

Percentile

Total Population

# 117

80th

Population Density

# 312

48th

Median Household Income

# 387

35th

Housing Affordability Index

# 457

77th

Per Capita Income

# 347

42nd

Diversity Index

# 390

34th

Nebraska Census Data Comparison Tool

Laurel, NE Profile: Facts & Data

Laurel, Nebraska - Basic Facts

Laurel, NE Data & Demographics (As of July 1, 2024)

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