What percentage of people rent in Laurel, FL?
8.6% (±2.9 points) of the occupied homes in Laurel, FL are rented (2020–2024 American Community Survey).
That is 504 renting households against 5,390 that own their home.
In Laurel, the share of households that rent went from 18.6% in 2015–2019 to 8.6% in 2020–2024 (−10.0 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 8.6% (±2.9 points)
- Renting households
- 504 (±173)
- Median renter income
- $64,712 (±$47,508)
Who rents and who owns in Laurel
| Laurel | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 8.6% (±2.9 points) | 23.3% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 504 (±173) | 49,428 (±1,490) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 5,390 (±435) | 162,776 (±1,864) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 1.9 (±0.5) | 2.1 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.1) | 2.1 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $64,712 (±$47,508) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median owner household income | $93,389 (±$8,797) | $91,802 (±$1,340) | $88,144 (±$469) | $100,009 |
In Laurel, the renter share is lower than in Sarasota County (23.3%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Sarasota County, Laurel ranks 26 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 767 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Laurel has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 18.6% (±4.2 points) | 8.6% (±2.9 points) | −10.0 percentage points | Measurable decrease |
| Median gross rent | $1,271 (±$273) | $1,323 (±$350) | +4.1% | No measurable change after inflation |
| Median household income | $59,631 (±$6,168) | $92,340 (±$8,705) | +54.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Laurel
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Laurel | — | 8.6% (±2.9 points) | — |
| Nokomis | 2.4 mi | 28.8% (±12.9 points) | Higher |
| Osprey | 2.8 mi | 13.4% (±5.1 points) | Not measurably different |
| Venice | 3.5 mi | 19.6% (±2.2 points) | Higher |
| Palmer Ranch | 4.9 mi | 24.5% (±4.0 points) | Higher |
| Vamo | 5.4 mi | 29.2% (±11.6 points) | Higher |
| Venice Gardens | 6.1 mi | 17.4% (±8.1 points) | Higher |
| Plantation (community) | 7.9 mi | 9.8% (±4.8 points) | Not measurably different |
| South Venice | 7.9 mi | 16.7% (±3.4 points) | Higher |
Nearby places with a measurably higher figure: Nokomis, FL (28.8%), Venice, FL (19.6%), Palmer Ranch, FL (24.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Sarasota County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 20 | Venice Gardens | 17.4% (±8.1 points) |
| 21 | South Venice | 16.7% (±3.4 points) |
| 22 | Osprey | 13.4% (±5.1 points) |
| 23 | Englewood | 13.0% (±2.2 points) |
| 24 | Warm Mineral Springs | 11.4% (±4.8 points) |
| 25 | Plantation (community) | 9.8% (±4.8 points) |
| 26 | Laurel | 8.6% (±2.9 points) |
| 27 | Siesta Key | 7.4% (±3.3 points) |
| 28 | Old Miakka | 5.8% (±7.6 points) |
Showing 9 of 28 places in Sarasota County, ranked from highest to lowest.
Laurel is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Laurel
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Questions about Laurel
How many renters are there in Laurel?
Laurel has an estimated 504 (±173) renting households, 8.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Laurel?
In Laurel, the share of households that rent went from 18.6% in 2015–2019 to 8.6% in 2020–2024 (−10.0 percentage points), a measurable decrease.
How big are renting households in Laurel?
A renting household in Laurel has 1.9 people on average, against 2.0 in an owned home.
How much do renters earn in Laurel?
The median renting household in Laurel, FL has an income of $64,712 (±$47,508) a year, against $93,389 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurel CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Laurel CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurel CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Laurel CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Laurel CDP, Florida (place:39600, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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