HomeDelawareSussex CountyLaurel town
Laurel town, Delaware: commercial real estate data.
Laurel town is a Census town of 4,152 people across 2.77 square miles of land, in Sussex County. Median household income is $48,644, 39.6 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $8.1 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Laurel
What Laurel is
- Census place typetown
- Land area2.77 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,499
- County holding the largest share of its areaSussex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
How many people live in Laurel
- Population4,152
- Median age33.0
- Population under 181,235 plus or minus 377
- Share under 1829.7 percent plus or minus 9.1
- Population 65 and over654 plus or minus 218
- Share 65 and over15.8 percent plus or minus 5.3
- Households1,609
- Family households1,109
- Share of households that are families68.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
Income and work in Laurel
- Median household income$48,644 plus or minus $11,612
- Per capita income$25,176 plus or minus $7,568
- Civilian labor force1,737 plus or minus 375
- Employed1,460 plus or minus 325
- Unemployed277 plus or minus 217
- Unemployment rate15.9 percent plus or minus 12.0
- Adults 25 and over2,535
- Adults 25 and over with a high school diploma or higher73.3 percent
- Adults 25 and over with a bachelor degree or higher4.6 percent plus or minus 3.0
- Adults 25 and over with a graduate degree3.1 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
Housing in Laurel
- Housing units1,710
- Occupied units1,609
- Vacant units101 plus or minus 82
- Vacancy rate5.9 percent plus or minus 4.7
- Owner occupied637 plus or minus 232
- Renter occupied972 plus or minus 240
- Ownership rate39.6 percent plus or minus 13.3
- Median owner-occupied home value$230,300
- Median gross rent, monthly$1,056
- Annual rent as a share of median income26.1 percent plus or minus 6.8
- Single family units1,274 plus or minus 342
- Share single family74.5 percent plus or minus 17.4
- Units in buildings of two or more436 plus or minus 198
- Share in buildings of two or more25.5 percent plus or minus 11.1
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
How Laurel gets to work
- Workers 16 and over who commute1,408 plus or minus 323
- Commuting under 15 minutes171 plus or minus 123
- Share commuting under 15 minutes12.1 percent plus or minus 8.3
- Commuting 30 minutes or more776 plus or minus 297
- Share commuting 30 minutes or more55.1 percent plus or minus 16.9
- Drove alone67.9 percent plus or minus 21.2
- Carpooled19.4 percent plus or minus 15.1
- Public transport6.2 percent plus or minus 6.8
- Walked2.5 percent plus or minus 4.2
- Worked from home2.6 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
SBA loans in Laurel (7(a))
- Approvals20
- Gross approval$8,114,900
- Average approval$405,745
- Median approval$50,000
- Ninetieth percentile approval$1,293,000
- Largest approval$4,224,000
- Jobs supported121
- Jobs per approval6.0
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.0 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS13
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sussex County, not Laurel
Sussex County context, not Laurel figures
These are Sussex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Laurel measurements.
- Establishments in Sussex County6,411
- Employment at those establishments, Sussex County78,541
- Covered employment, Sussex County94,273
- Average annual pay, Sussex County$55,078
- Average weekly wage, Sussex County$1,059
- Housing units permitted, Sussex County4,354
- Of those, single family, Sussex County3,816
- County product, 2024, Sussex County$23,355,694,000
- County product change over the prior year, Sussex County9.7 percent
- Average income of an arriving household, Sussex County$127,341
Every figure in this section is published for Sussex County as a whole and is not a measurement of Laurel. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Laurel questions, answered from the record.
How many people live in Laurel, Delaware?
4,152, in 1,609 households. Laurel town covers 2.77 square miles of land, which is 1,499 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Laurel in?
Sussex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Laurel?
$48,644. The median owner-occupied home is valued at $230,300. Median gross rent is $1,056 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Laurel businesses?
20 7(a) approvals totalling $8.1 m, across 7 lenders, median approval $50,000. These count approvals to borrowers whose address is in Laurel, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Laurel borrowers get paid back?
No rate is published for Laurel. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Laurel figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sussex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Laurel.
Is zoning published for Laurel?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.