HomeMontanaYellowstone CountyLaurel city
Laurel city, Montana: commercial real estate data.
Laurel city is a Census city of 7,215 people across 2.60 square miles of land, in Yellowstone County. Median household income is $68,474, 58.7 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $5.7 m.
76 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 area2.6 sq mi
- Water area0 sq mi
- Population per square mile of land2,770
- County holding the largest share of its areaYellowstone 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
- Population7,215
- Median age37.1
- Population under 181,688 plus or minus 362
- Share under 1823.4 percent plus or minus 5.0
- Population 65 and over1,046 plus or minus 217
- Share 65 and over14.5 percent plus or minus 3.0
- Households3,135
- Family households1,954
- Share of households that are families62.3 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$68,474
- Per capita income$38,869
- Civilian labor force3,910
- Employed3,817
- Unemployed93 plus or minus 65
- Unemployment rate2.4 percent plus or minus 1.6
- Adults 25 and over5,094
- Adults 25 and over with a high school diploma or higher95.3 percent
- Adults 25 and over with a bachelor degree or higher20.8 percent plus or minus 5.9
- Adults 25 and over with a graduate degree3.7 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
Housing in Laurel
- Housing units3,280
- Occupied units3,135
- Vacant units145 plus or minus 135
- Vacancy rate4.4 percent plus or minus 4.1
- Owner occupied1,839
- Renter occupied1,296 plus or minus 266
- Ownership rate58.7 percent
- Median owner-occupied home value$235,100
- Median gross rent, monthly$974 plus or minus $209
- Annual rent as a share of median income17.1 percent plus or minus 3.9
- Single family units1,990
- Share single family60.7 percent
- Units in buildings of two or more692 plus or minus 288
- Share in buildings of two or more21.1 percent plus or minus 8.6
- Mobile homes586 plus or minus 171
- Median year structure built1975
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 commute3,349
- Commuting under 15 minutes1,329 plus or minus 348
- Share commuting under 15 minutes39.7 percent plus or minus 8.7
- Commuting 30 minutes or more706 plus or minus 225
- Share commuting 30 minutes or more21.1 percent plus or minus 6.0
- Drove alone65.1 percent
- Carpooled18.1 percent plus or minus 6.0
- Public transport2.0 percent plus or minus 1.9
- Walked2.5 percent plus or minus 2.9
- Worked from home12.1 percent plus or minus 7.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Laurel
SBA loans in Laurel (7(a))
- Approvals14
- Gross approval$5,728,600
- Average approval$409,186
- Median approval$150,000
- Ninetieth percentile approval$590,000
- Largest approval$3,555,000
- Jobs supported70
- Jobs per approval5.0
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises7.1 percent
- Distinct lenders8
- 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.
Laurel
SBA loans in Laurel (504)
- Approvals6
- Gross approval$2,816,000
- Average approval$469,333
- Median approval$360,000
- Largest approval$1,456,000
- Jobs supported30
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Yellowstone County, not Laurel
Yellowstone County context, not Laurel figures
These are Yellowstone 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 Yellowstone County6,060
- Employment at those establishments, Yellowstone County75,637
- Covered employment, Yellowstone County87,348
- Average annual pay, Yellowstone County$62,688
- Average weekly wage, Yellowstone County$1,206
- Housing units permitted, Yellowstone County1,473
- Of those, single family, Yellowstone County850
- County product, 2024, Yellowstone County$14,022,393,000
- County product change over the prior year, Yellowstone County4.2 percent
- Average income of an arriving household, Yellowstone County$68,486
Every figure in this section is published for Yellowstone 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, Montana?
7,215, in 3,135 households. Laurel city covers 2.60 square miles of land, which is 2,770 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?
Yellowstone 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?
$68,474. The median owner-occupied home is valued at $235,100. Median gross rent is $974 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?
14 7(a) approvals totalling $5.7 m, across 8 lenders, median approval $150,000, plus 6 504 approvals worth $2.8 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?
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 Yellowstone 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.
Nearby