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The Laurel Park CDP(1) had a population of 636 as of July 1, 2023.
The primary coordinate point for Laurel Park is located at latitude 36.6887 and longitude -79.8006 in Henry County. The formal boundaries for the Laurel Park Census Designated Place encompass a land area of 1.3 sq. miles and a water area of 0.01 sq. miles. Henry County is in the Eastern time zone (GMT -5).
The Laurel Park Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
POPULATION | |
---|---|
Total Population | 636 (100%) |
Population in Households | 636 (100.0%) |
Population in Families | 536 (84.3%) |
Population in Group Quarters1 | 0 |
Population Density | 488 |
Diversity Index2 | 60 |
INCOME | |
Median Household Income | $49,207 |
Average Household Income | $70,468 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $33,018 |
Wealth Index5 | 71 |
Socioeconomic Status Index6 | Moderate (56.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 322 (100%) |
Owner Occupied HU | 203 (63.0%) |
Renter Occupied HU | 95 (29.5%) |
Vacant Housing Units | 24 ( 7.5%) |
Median Home Value | $126,266 |
Average Home Value | $157,389 |
Housing Affordability Index3 | 166 |
HOUSEHOLDS | |
Total Households | 298 |
Average Household Size | 2.13 |
Family Households | 203 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.99% | -0.57% |
Households | -1.31% | -0.41% |
Families | -0.50% | |
Median Household Income | 0.32% | |
Per Capita Income | 2.54% | |
Owner Occupied HU | 0.58% |
The table below compares Laurel Park to the other 672 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 434 | 36th |
Population Density | # 389 | 42nd |
Median Household Income | # 475 | 29th |
Housing Affordability Index | # 612 | 91st |
Per Capita Income | # 380 | 44th |
Diversity Index | # 218 | 68th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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