Laurel Park, VA
Population 843 · Virginia
About Laurel Park, VA
Laurel Park is a small community located in Virginia with a population of 843 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,621 per year, which is 49% below the national median of $75,149. The median age of 41.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Laurel Park features a median home value of $139,500, which is 43% below the national median of $244,900. This makes Laurel Park one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 403 total housing units, 74% are owner-occupied (256 units) and 26% are renter-occupied (90 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Laurel Park shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Laurel Park have an average one-way commute time of 36.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.4% of Laurel Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 18.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 26.5% Asian residents, with 21.7% of the population being foreign-born.
Cost of Living in Laurel Park, VA
Compared to national averages, Laurel Park has a median household income of $38,621 (49% below the national median of $75,149). Home values average $139,500, which is 43% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Laurel Park's income is 56% below the state average of $87,957, and home values are 57% below the state median of $327,514.
Why Live in Laurel Park, VA?
Laurel Park offers affordable housing with a median home value of $139,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.6%, better than the national average.
Potential considerations include median household income ($38,621) that falls below the national average. However, Laurel Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Laurel Park has a population of 843 with a median age of 41.1 years. Compare Laurel Park with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Laurel Park
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Henry Fork | 843 | $67,147 | $0 | Compare |
| Pound | 839 | $28,277 | $97,300 | Compare |
| Clover | 836 | $51,226 | $216,700 | Compare |
| Blue Ridge Shores | 853 | $87,813 | $237,700 | Compare |
| Deltaville | 862 | $68,822 | $316,700 | Compare |
| Glenvar | 865 | $46,125 | $264,400 | Compare |
| Remington | 811 | $63,636 | $323,700 | Compare |
| New Kent | 887 | $166,375 | $430,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Laurel Park With Other Cities
Frequently Asked Questions about Laurel Park
What is the population of Laurel Park, VA?
The population of Laurel Park, VA is 843 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Virginia.
What is the median household income in Laurel Park?
The median household income in Laurel Park, VA is $38,621 per year, which is 49% below the national median of $75,149.
What is the median home value in Laurel Park?
The median home value in Laurel Park, VA is $139,500, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Laurel Park?
The median monthly rent in Laurel Park, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Laurel Park?
The unemployment rate in Laurel Park, VA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Laurel Park, VA a good place to live?
Laurel Park offers a moderate cost of living, affordable housing, and a strong job market. With a population of 843 and a median age of 41.1, the city appeals to a broad range of residents.
How educated is Laurel Park, VA?
15.4% of residents in Laurel Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Laurel Park?
Key cost-of-living indicators for Laurel Park, VA: median home value is $139,500 (43% below national), median rent is $0/month, and median household income is $38,621. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Laurel Park?
The poverty rate in Laurel Park, VA is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Laurel Park, VA?
Laurel Park's population is 18.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 26.5% Asian, and 51.5% two or more races. 21.7% of residents are foreign-born.