HomeMarylandPrince George's CountyLaurel city
Laurel city, Maryland: commercial real estate data.
Laurel city is a Census city of 29,798 people across 4.76 square miles of land, in Prince George's County. Median household income is $100,504, 44.2 percent of occupied homes are owned, and the SBA record carries 146 7(a) approvals to borrowers here worth $55.8 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Laurel
What Laurel is
- Census place typecity
- Land area4.76 sq mi
- Water area0.07 sq mi
- Population per square mile of land6,262
- County holding the largest share of its areaPrince George's 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
- Population29,798
- Median age36.3
- Population under 186,306
- Share under 1821.2 percent
- Population 65 and over3,415
- Share 65 and over11.5 percent
- Households12,476
- Family households6,757
- Share of households that are families54.2 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$100,504
- Per capita income$49,886
- Civilian labor force18,573
- Employed17,700
- Unemployed873 plus or minus 236
- Unemployment rate4.7 percent plus or minus 1.3
- Adults 25 and over21,481
- Adults 25 and over with a high school diploma or higher89.3 percent
- Adults 25 and over with a bachelor degree or higher47.7 percent
- Adults 25 and over with a graduate degree24.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
Housing in Laurel
- Housing units13,124
- Occupied units12,476
- Vacant units648 plus or minus 207
- Vacancy rate4.9 percent plus or minus 1.6
- Owner occupied5,515
- Renter occupied6,961
- Ownership rate44.2 percent
- Median owner-occupied home value$385,500
- Median gross rent, monthly$1,873
- Annual rent as a share of median income22.4 percent
- Single family units6,503
- Share single family49.6 percent
- Units in buildings of two or more6,621
- Share in buildings of two or more50.4 percent
- Mobile homes0
- Median year structure built1985
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 commute14,614
- Commuting under 15 minutes2,524 plus or minus 507
- Share commuting under 15 minutes17.3 percent
- Commuting 30 minutes or more7,531
- Share commuting 30 minutes or more51.5 percent
- Drove alone65.1 percent
- Carpooled9.7 percent plus or minus 2.1
- Public transport1.4 percent plus or minus 0.6
- Walked1.6 percent plus or minus 0.7
- Worked from home17.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
SBA loans in Laurel (7(a))
- Approvals146
- Gross approval$55,785,800
- Average approval$382,095
- Median approval$150,000
- Ninetieth percentile approval$810,000
- Largest approval$5,000,000
- Jobs supported1,442
- Jobs per approval9.9
- Loans with a final outcome18
- Paid in full14
- Charged off4
- Charge-off rate over resolved loans22.2 percent
- Median term120 months
- Share on real estate terms of 20 years or more12.3 percent
- Share to franchises17.1 percent
- Distinct lenders42
- Distinct industries by NAICS79
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Laurel
SBA loans in Laurel (504)
- Approvals16
- Gross approval$25,635,000
- Average approval$1,602,188
- Median approval$1,108,000
- Largest approval$5,209,000
- Jobs supported167
- Loans with a final outcome4
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Prince George's County, not Laurel
Prince George's County context, not Laurel figures
These are Prince George's 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 Prince George's County16,350
- Employment at those establishments, Prince George's County276,055
- Covered employment, Prince George's County329,476
- Average annual pay, Prince George's County$73,373
- Average weekly wage, Prince George's County$1,411
- Housing units permitted, Prince George's County1,473
- Of those, single family, Prince George's County1,473
- County product, 2024, Prince George's County$65,163,322,000
- County product change over the prior year, Prince George's County7.7 percent
- Average income of an arriving household, Prince George's County$60,896
Every figure in this section is published for Prince George's 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, Maryland?
29,798, in 12,476 households. Laurel city covers 4.76 square miles of land, which is 6,262 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?
Prince George's 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?
$100,504. The median owner-occupied home is valued at $385,500. Median gross rent is $1,873 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?
146 7(a) approvals totalling $55.8 m, across 42 lenders, median approval $150,000, plus 16 504 approvals worth $25.6 m. 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?
Of the 18 loans that have reached a final outcome, 14 were paid in full and 4 charged off, a charge off rate of 22.2 percent. Loans still running are excluded because they have not yet succeeded or failed.
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 Prince George's 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.
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