HomeMichiganHoughton CountyLaurium village
Laurium village, Michigan: commercial real estate data.
Laurium village is a Census village of 1,509 people across 0.65 square miles of land, in Houghton County. Median household income is $54,167, 75.8 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections
Laurium
What Laurium is
- Census place typevillage
- Land area0.65 sq mi
- Water area0 sq mi
- Population per square mile of land2,324
- County holding the largest share of its areaHoughton 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.
Laurium
How many people live in Laurium
- Population1,509
- Median age46.1
- Population under 18213 plus or minus 66
- Share under 1814.1 percent plus or minus 3.8
- Population 65 and over339 plus or minus 75
- Share 65 and over22.5 percent
- Households756
- Family households382 plus or minus 77
- Share of households that are families50.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurium
Income and work in Laurium
- Median household income$54,167 plus or minus $16,424
- Per capita income$33,067
- Civilian labor force862 plus or minus 181
- Employed831 plus or minus 180
- Unemployed31 plus or minus 23
- Unemployment rate3.6 percent plus or minus 2.6
- Adults 25 and over1,077
- Adults 25 and over with a high school diploma or higher88.5 percent
- Adults 25 and over with a bachelor degree or higher31.1 percent plus or minus 6.8
- Adults 25 and over with a graduate degree16.5 percent plus or minus 5.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurium
Housing in Laurium
- Housing units926
- Occupied units756
- Vacant units170 plus or minus 85
- Vacancy rate18.4 percent plus or minus 8.9
- Owner occupied573
- Renter occupied183 plus or minus 73
- Ownership rate75.8 percent plus or minus 15.4
- Median owner-occupied home value$126,100 plus or minus $28,326
- Median gross rent, monthly$808 plus or minus $478
- Annual rent as a share of median income17.9 percent plus or minus 11.9
- Single family units714
- Share single family77.1 percent
- Units in buildings of two or more169 plus or minus 68
- Share in buildings of two or more18.3 percent plus or minus 7.0
- Mobile homes43 plus or minus 47
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurium
How Laurium gets to work
- Workers 16 and over who commute736 plus or minus 171
- Commuting under 15 minutes369 plus or minus 114
- Share commuting under 15 minutes50.1 percent plus or minus 10.3
- Commuting 30 minutes or more62 plus or minus 39
- Share commuting 30 minutes or more8.4 percent plus or minus 4.9
- Drove alone62.9 percent
- Carpooled20.4 percent plus or minus 11.2
- Public transport0.0 percent
- Walked5.5 percent plus or minus 3.8
- Worked from home8.5 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Houghton County, not Laurium
Houghton County context, not Laurium figures
These are Houghton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Laurium measurements.
- Establishments in Houghton County891
- Employment at those establishments, Houghton County9,246
- Covered employment, Houghton County12,124
- Average annual pay, Houghton County$54,867
- Average weekly wage, Houghton County$1,055
- Housing units permitted, Houghton County111
- Of those, single family, Houghton County103
- County product, 2024, Houghton County$1,588,874,000
- County product change over the prior year, Houghton County7.0 percent
- Average income of an arriving household, Houghton County$64,949
Every figure in this section is published for Houghton County as a whole and is not a measurement of Laurium. 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.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- 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
Laurium questions, answered from the record.
How many people live in Laurium, Michigan?
1,509, in 756 households. Laurium village covers 0.65 square miles of land, which is 2,324 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Laurium in?
Houghton 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 Laurium?
$54,167. The median owner-occupied home is valued at $126,100. Median gross rent is $808 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Laurium figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Houghton 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 Laurium.
Is zoning published for Laurium?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.