Is Laurel, Montana a Good Place To Live? - Living In Laurel, MT

Is Laurel, Montana a good place to live?
Laurel is a city in Montana state in USA with a population of 6797 residents.. The poverty rate of Laurel is 5.8%, which is 59% lower than national average. The typical household in Laurel earns $56902 a year, compared to the national median of $67,500. Nearly 43.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Laurel, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laurel remained 2.4%, which is 49% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Laurel, only 22% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Laurel is 94, which is 6% lower than national average. Median home value in Laurel is $174100 , which is 24% lower than national average. While median income in Laurel remained $56902, which is 16% lower than national average.
Population
6797
Unemployment
2.4%
49% NAT AVG.
Poverty
5.8%
59% NAT AVG.
Overall Score
6
Median Home Cost
$174100
24% NAT AVG.
Median Income
$56902
16% NAT AVG.
Median Rent
$835
28% NAT AVG.
Cost Of Living
94
6% NAT AVG.
People Living BPL
1 in 17
Unemployed People
1 in 42
People Earning < $10,000
1 in 23
People Earning < $50,000
43.2%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3.1
Pros & Cons Overview

Jobs80%

Housing70%

Affordability80%

Safety60%

Amenities85%

Diversity50%

Education80%

Commute90%