Is Laurel Township, IN growing?
Laurel Township, IN had an estimated 1,282 (±372) residents in 2020–2024, against 1,765 in 2015–2019.
That is a change of −27.4%, not a measurable change.
Its housing went from 712 to 505 homes (−29.1%), a measurable decrease.
0.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,282 (±372)
- Amount of change
- −27.4%
- Homes change
- −29.1%
- Built 2020 or later
- 0.0%
Residents and homes in Laurel Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,765 (±322) | 1,282 (±372) | −27.4% | Not a measurable change |
| Housing units | 712 (±108) | 505 (±148) | −29.1% | Measurable decrease |
| Households that rent | 31.0% (±8.7 points) | 26.2% (±10.1 points) | −4.8 percentage points | Not a measurable change |
| Median gross rent | $635 (±$73) | $961 (±$120) | +51.3% | Up after inflation |
| Median home value | $99,100 (±$13,141) | $135,800 (±$105,755) | +37.0% | No measurable change 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.
Growth in Laurel Township against Franklin County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Laurel Township | −27.4% | Not a measurable change | −29.1% |
| Franklin County | +1.1% | Measurable increase | +0.3% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Laurel Township
| Year built | Laurel Township | Franklin County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±7.2 points) | 1.5% | 1.7% | 2.0% |
| 2010 to 2019 | 1.6% (±2.4 points) | 7.3% | 8.0% | 9.4% |
| 2000 to 2009 | 14.9% (±9.7 points) | 11.7% | 12.3% | 13.6% |
1.6% of the homes in Laurel Township were built in 2010 or later.
The median age of residents is 36.4 years.
Growth in places near Laurel Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Laurel Township | — | 1,282 | −27.4% | Not a measurable change |
| Laurel | 1.7 mi | 444 | −44.1% | Measurable decrease |
| Metamora Township | 4.1 mi | 937 | −25.4% | Not a measurable change |
| Blooming Grove Township | 4.8 mi | 730 | −38.0% | Not a measurable change |
| Posey Township (Franklin County) | 5.4 mi | 900 | −26.4% | Not a measurable change |
| Columbia Township (Fayette County) | 5.7 mi | 933 | +11.7% | Not a measurable change |
| Salt Creek Township (Franklin County) | 5.7 mi | 1,030 | +0.2% | Not a measurable change |
| Jackson Township (Fayette County) | 6.3 mi | 1,492 | +11.3% | Not a measurable change |
| Orange Township (Fayette County) | 8.6 mi | 609 | −27.6% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Laurel Township
Is Laurel Township growing?
Laurel Township, IN had an estimated 1,282 residents in 2020–2024 and 1,765 in 2015–2019, a change of −27.4%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Laurel Township?
The estimated number of housing units went from 712 in 2015–2019 to 505 in 2020–2024 (−29.1%), a measurable decrease.
How much new construction is there in Laurel Township?
0.0% of homes in Laurel Township were built in 2020 or later and 1.6% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Laurel township, Franklin County, Indiana
- 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) for Laurel township, Franklin County, Indiana (county subdivision:42390, in state:18 county:047).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 .
Related
- Housing in Laurel Township at a glance
- Renters and owners in Laurel Township
- Homeowner costs in Laurel Township
- Property taxes in Laurel Township
- Types of homes in Laurel Township
- Bedrooms in Laurel Township
- Age of homes in Laurel Township
- Heating fuel in Laurel Township
- Commute and cars in Laurel Township
- Indiana landlord and tenant rules
- Housing across Franklin County
- Housing data for every place in Indiana