CitytisticsShortlist

Cost of living, pay and housing

36.69° N · 79.79° W · GEOID 5144476

Laurel Park

Henry County, Virginia · part of the Martinsville, VA metro

Limited data population under 5,000, core figures borrowed from county or metro: median_home_value

VirginiaLaurel Park, VALaurel ParkLaurel Park

The short answer

Laurel Park is home to 553 people. Median household income is $41,700 a year and median rent is $776 a month, 22.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $134,800, about 3.2x annual median household income.

Median gross rent
$776
43% below the median place
Median household income
$41,700
48% below the median place
Median home value
$134,800
58% below the median place
Unemployment
0.0%
below the median place (median 4.9%)

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Laurel Park

  • Unemployment averaged 0.0% over the survey period, lower than in 99% of the 1,242 places under 10,000 people we track. It is the lowest of 160 Virginia places.
  • Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 181 Virginia places.
  • Household income has grown -2.1% a year across the last five survey releases, slower than in 98% of places its size. It is the lowest of 195 Virginia places.
  • The median resident is 49.3 years old, older than in 90% of places its size. It is the 2nd-highest of 195 Virginia places.
  • The median household earns $41,700 a year, less than in 95% of places its size.
01

Moving to Laurel Park

Henry County gains about 8.8 residents per 1,000 a year to moves between counties.

Moved in2,106
Moved out1,779
Net+327

Where people come from and where they go, top counties

Patrick County, VA152116+36
Franklin County, VA128129−1
Pittsylvania County, VA9761+36

Within Virginia, other states or abroad

Arrivals
Leavers
Within VirginiaOther states

Income per tax return

Arrivals$42K
Leavers$45K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Henry County; flows under 20 returns are not published.

Who moves here
0.0% of residents arrived from another county in the past year, 0.0% from another state.
Who arrives and who leaves
Households moving into Henry County report $41,800 a year in income on average; those leaving, $45,100, so leavers earn more than newcomers.
Income you would need
$31,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $776 a month; owners with a mortgage pay $1,768 a month including taxes and insurance, on a median home of $134,800.
Getting to work
25 minutes each way on average; 8.1% work from home.
If it is close but not quite
St. Martinville, LA matches it on character. Compare the two
Moved here in the past year1
0.0%
below the median place (median 5.7%)
Moved from another state1
0.0%
below the median place (median 2.0%)
Income of households moving in5
$41,839
41% below the median place
All 5 moving measures
MeasureLaurel ParkAmong 6,645 placesVs median
Moved here in the past year10.0%below (median 5.7%)
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people5County figure8.8above (median -0.6)
Income of households moving in5County figure$41,83941% below
Income of households moving out5County figure$45,07336% below
02

What it costs to live here

Renters paying 30%+ is 0.0%, below the median place (median 50.6%).

Laurel Park22.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$31,040
a year, at the 30% line
Rent to income
22.3%
9% above the median place
Home price to income
3.2x
15% below the median place

Could you afford it?

The median rent would take
22%
comfortably under the 30% line
Left after rent, in US prices
$32,700
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Laurel Park, $776 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Laurel Park.

Sponsored · exampleMoving to Laurel Park? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
0.0%
below the median place (median 50.6%)
Property tax paid (median)1
$1,278
61% below the median place
Homeownership1
84.5%
27% above the median place
All 14 cost and housing measures
MeasureLaurel ParkAmong 6,645 placesVs median
Median gross rent1$77643% below
Rent to income122.3%9% above
Property tax rate10.9%4% above
Home price to income13.2x15% below
Fair market rent, 2 bedrooms2County figure$94342% below
Property tax paid (median)1$1,27861% below
Median home value1County figure$134,80058% below
Home prices, 1-year change3County figure9.0%182% above
Home prices, 5-year change3County figure63.8%24% above
Homeownership184.5%27% above
Renters paying 30%+10.0%below (median 50.6%)
Owner costs with a mortgage1$1,7686% below
Vacant homes1County figure17.2%143% above
Median year built119750% below
03

Work and pay

Unemployment is 0.0%, below the median place (median 4.9%).

Unemployment1
0.0%
below the median place (median 4.9%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$21,112
47% below the median place
All 10 work and pay measures
MeasureLaurel ParkAmong 6,645 placesVs median
Median household income1$41,70048% below
Income per person1$21,11247% below
Unemployment10.0%below (median 4.9%)
Average annual pay4County figure$46,79929% below
Pay growth, 1 year4County figure2.3%38% below
Jobs4County figure15,38490% below
Poverty rate1County figure16.0%49% above
Mean commute1County figure25 min2% above
Works from home1County figure8.1%35% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 49.3, 26% above the median place.

Median age1
49.3
26% above the median place
Household size1
2.1
16% below the median place
Homes with broadband1
95.1%
3% above the median place
All 8 people measures
MeasureLaurel ParkAmong 6,645 placesVs median
Population15536646th largest
Median age149.326% above
Bachelor's or higher1County figure15.5%52% below
High school or higher187.7%5% below
Household size12.116% below
Born abroad1County figure2.6%70% below
No health insurance1County figure6.3%2% below
Homes with broadband195.1%3% above
05

Life in Laurel Park

20 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars12.6 −39%
Shops33.8 +12%
Arts, recreation and fitness2.2 −46%
Doctors' offices and clinics6.6 −67%
Child care centers0.6 −74%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k6
0.6
74% below the median place
Doctors' offices and clinics per 10k6
6.6
67% below the median place
Restaurants and bars per 10k6
12.6
39% below the median place
All 9 schools and local life measures
MeasureLaurel ParkAmong 6,645 placesVs median
Public schools8County figure1567% above
Public school students8County figure6,91641% above
Students per teacher8County figure14.65% below
Restaurants and bars per 10k6County figure12.639% below
Shops per 10k6County figure33.812% above
Arts, recreation and fitness per 10k6County figure2.246% below
Doctors' offices and clinics per 10k6County figure6.667% below
Child care centers per 10k6County figure0.674% below
National Register listings7County figure2054% above
06

Safety, weather and risk

Heat wave risk is 37.3, 59% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Laurel Park. Larger places are fetched first.

Heat wave risk10
37.3
59% below the median place
Wildfire risk10
22.3
64% below the median place
Natural hazard risk10
63.6
31% below the median place
All 9 weather and risk measures
MeasureLaurel ParkAmong 6,645 placesVs median
July average high9County figure88°F1% above
January average low9County figure27°F8% above
Average temperature9County figure57°F5% above
Annual precipitation9County figure47.1 in8% above
Natural hazard risk10County figure63.631% below
Hurricane risk10County figure74.05% above
Tornado risk10County figure43.746% below
Wildfire risk10County figure22.364% below
Heat wave risk10County figure37.359% below
08

Laurel Park in 2030: where the trends point

If recent trends hold, the median rent will take about 25% of the median income in 2030, up from 22% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$776/mo (2021)$1,090/mo$860 to $1,390/mo+3.9%
Median household income$41,700 (2024)$51,500$43,500 to $61,000+3.6%
Median home value$145,800 (2024)$205,000$149,000 to $283,000+5.9%

The median home would be worth 4.0 years of the median income in 2030, against 3.5 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Laurel Park

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
St. Martinville, LA$765$36,130Compare
Bath, NY$735$47,150Compare
Geneva, OH$808$53,557Compare
Avon Park, FL$921$36,485Compare
Avon Park, FLGeneva, OHBath, NYSt. Martinville, LALaurel Park, VALaurel ParkSt. MartinvilleBathGenevaAvon ParkLaurel ParkSt. MartinvilleBathGenevaAvon Park

Common questions

Is Laurel Park a good place to live?

It depends on what you need, so here is what the numbers say. Unemployment averaged 0.0% over the survey period, lower than in 99% of the 1,242 places under 10,000 people we track. It is the lowest of 160 Virginia places. Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 181 Virginia places. See how it ranks with your own weights.

Is Laurel Park expensive to live in?

The median rent takes 22.3% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $134,800.

What salary do you need to live in Laurel Park?

To rent the median home without spending more than 30% of income on rent, a household needs about $31,040 a year. Work it out from your current city.

What places are similar to Laurel Park?

On income, rent, home value, education and age, the closest matches are St. Martinville, LA, Bath, NY, Geneva, OH and Avon Park, FL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  4. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  5. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  6. County Business Patterns · US Census Bureau · 2023 data
  7. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  8. Common Core of Data · National Center for Education Statistics · 2024 release
  9. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  10. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Laurel Park with places of a similar size, using only figures measured for Laurel Park itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/laurel-park-virginia

Citytistics. “Laurel Park, Virginia.” Data as of 2026-11-14. https://www.citytistics.com/city/laurel-park-virginia/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.