Median Income
$61,875
household / year
Median Home Value
$101,600
owner-occupied
Median Rent
$650
gross / month
Cost of Living
87
national avg = 100

Is Laurel, IA a Good Place to Live?

Laurel is a small town of 198 in Iowa, with a median household income of $61,875 and a 0.9% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Laurel stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: No major red flags stand out in the available data. Whether Laurel is right for you depends on your priorities — the full breakdown is below.

All Laurel city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 86.9

Laurel's overall cost of living index is 86.9, where 100 represents the US national average. Living in Laurel costs roughly 13% less than the average American city.

Metric Laurel, IA National Avg
Median Home Value $101,600 $244,900
Median Monthly Rent $650 $1,163
Homeownership Rate 88.7% 65.9%
Median Household Income $61,875 $74,755

Crime & Safety

Very Safe

Laurel's violent crime rate is 208.3 per 100,000 residents — 45% lower than the national average of ~380 per 100,000.

Violent Crime
208.3 /100k
Property Crime
1242.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Laurel is served primarily by East Marshall Comm School District. The student-to-teacher ratio is 12.6:1 (better than the national average of ~16:1).

Metric Laurel, IA National Avg
School District East Marshall Comm School District —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 12.6:1 16:1
Bachelor's Degree or Higher 10.6% 35.4%
High School Diploma or Higher 91.3% 91.1%

Weather & Climate

Laurel sees average highs of 27.5°F in January and 83.5°F in July, with 37.2 inches of annual precipitation and 27.7 inches of snow per year.

MetricLaurel, IA
Average High — January27.5°F
Average High — July83.5°F
Annual Precipitation37.2"
Annual Snowfall27.7"

Demographics

MetricLaurel, IANational Avg
Population198—
Median Age50.538.9
Unemployment Rate0.9%3.7%
Avg Commute Time29.3 min26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1812.6%22.2%
65 and over22.7%16.8%

Nearby Cities

ZIP Codes in Laurel

Laurel, IA is covered by 1 ZIP code:

Laurel vs Other Cities

Frequently Asked Questions

Laurel's cost of living index is 87, where 100 is the national average. That makes Laurel roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $101,600 and median rent is $650/month.
Laurel's violent crime rate is 208.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1242.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Laurel are operated by East Marshall Comm School District. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 12.6:1. 10.6% of adults 25+ hold a bachelor's degree or higher.
Laurel, IA has a population of 198, a median household income of $61,875, and an unemployment rate of 0.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Laurel averages 27.5°F in January and 83.5°F in July. Annual rainfall is 37.2 inches with about 27.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Laurel, IA is covered by 1 ZIP code: 50141.
The population of Laurel, Iowa is 198 with a median age of 50.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Laurel: cost of living index 87 (100 = US average), median home $101,600, median household income $61,875, crime index 57 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Laurel side by side with your current city to see the trade-offs.