Housing data for Laurium, MI
Laurium, MI has an estimated 1,509 residents and 926 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Houghton County.
24.2% of households rent.
The median gross rent is $808 a month.
Its population shrank measurably since 2015–2019 (−27.2%).
Figures last updated on .
- Residents
- 1,509 (±230)
- Housing units
- 926 (±110)
- Households that rent
- 24.2%
- Median gross rent
- $808
- Residents since 2015–2019
- −27.2%
What stands out in Laurium
Median real estate taxes: $1,255 (±$283) in Laurium, lower than in Houghton County ($1,858).
Homes built before 1980: 93.1% (±11.9 points) in Laurium, higher than in Houghton County (70.6%).
Median home value: $126,100 (±$28,326) in Laurium, lower than in Houghton County ($159,900).
Housing in Laurium at a glance
- Median rent: $808 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $867 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 50.6% of renters pay 30% or more of income
- Renters and owners: 24.2% of households rent
- Income and affordability: $54,167 median household income
- Home values: $126,100 median home value
- Homeowner costs: $1,109 median monthly cost with a mortgage
- Property taxes: $1,255 median real estate taxes a year
- Types of homes: 8.1% of homes are in buildings of 5 or more units
- Bedrooms: 63.9% of homes have 3 or more bedrooms
- Age of homes: 93.1% of homes were built before 1980
- Vacancy rate: 8.5% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 90.6% heat with utility gas
- Commute and cars: 13.7 minutes average trip to work
- Crime reported to police: 0 violent crimes per 100,000 residents
- Growth: −27.2% residents since 2015–2019
- How long people stay: 31.4% moved in since 2020
- Crowding and facilities: 0.1% of homes have more than 1 person per room (Small sample: wide margin of error)
Laurium against Houghton County, its state and the nation
| Laurium | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 1,509 (±230) | 37,693 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 926 (±110) | 18,870 (±116) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 24.2% (±7.6 points) | 28.2% (±1.8 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $808 (±$478) | $840 (±$73) | $1,129 (±$4) | $1,413 |
| Median household income | $54,167 (±$16,424) | $58,899 (±$3,371) | $72,875 (±$293) | $80,734 |
| Median home value | $126,100 (±$28,326) | $159,900 (±$7,874) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $1,255 (±$283) | $1,858 (±$110) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 93.1% (±11.9 points) | 70.6% (±3.0 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 13.7 minutes (±2.2) | 15.6 minutes (±1.0) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 86.2% (±5.8 points) | 88.7% (±1.5 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 46.1 years (±6.6) | 32.2 years (±0.5) | 40.2 years (±0.1) | 38.9 years |
Laurium covers 0.6 square miles of land, about 2,325 residents per square mile (Census Bureau Gazetteer).
How Laurium has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,073 (±273) | 1,509 (±230) | −27.2% | Measurable decrease |
| Housing units | 1,138 (±107) | 926 (±110) | −18.6% | Measurable decrease |
| Median gross rent | $525 (±$33) | $808 (±$478) | +53.9% | No measurable change after inflation |
| Median home value | $75,700 (±$11,232) | $126,100 (±$28,326) | +66.6% | Up after inflation |
| Median household income | $40,125 (±$10,519) | $54,167 (±$16,424) | +35.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $963 (±$222) | $1,109 (±$113) | +15.2% | No measurable change after inflation |
| Median real estate taxes | $1,247 (±$156) | $1,255 (±$283) | +0.6% | No measurable change after inflation |
| Households that rent | 16.8% (±5.9 points) | 24.2% (±7.6 points) | +7.4 percentage points | Not a measurable change |
| Rental vacancy rate | 10.9% (±16.9 points) | 8.5% (±13.4 points) | −2.4 percentage points | Not a measurable change |
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.
Crime reported to police in Laurium
In 2025, the Laurium Police Department reported 0 violent and 105 property crimes per 100,000 residents to the FBI.
Across Houghton County, the departments that report recorded 66 violent and 380 property crimes per 100,000 residents that year.
Places near Laurium
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Calumet | 1.1 mi | $667 | $84,400 | 73.0% |
| Lake Linden | 3.1 mi | $543 | $97,000 | 40.5% |
| Osceola Township (Houghton County) | 3.6 mi | $856 | $124,300 | 8.6% |
| Copper City | 4.1 mi | $817 | $103,400 | 9.9% |
| Ahmeek | 4.8 mi | — | $90,400 | 12.1% |
| Franklin Township (Houghton County) | 6.9 mi | $817 | $196,800 | 19.2% |
| Schoolcraft Township (Houghton County) | 7.4 mi | $565 | $140,000 | 27.4% |
| Hancock Township | 7.7 mi | — | $335,600 | 1.5% |
Places in Michigan most like Laurium
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| South Range | $817 | $101,100 | $58,542 | 27.7% |
| Iron Mountain | $744 | $141,600 | $59,405 | 27.7% |
| Oliver Township (Huron County) | $885 | $110,400 | $55,938 | 26.7% |
| Crystal Falls | $791 | $83,300 | $60,865 | 19.3% |
| Manistee | $768 | $164,100 | $60,541 | 26.8% |
| Winsor Township | $856 | $139,500 | $64,014 | 29.1% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Laurium, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $801 | $806 | $1,033 | $1,430 | $1,727 |
HUD income limits for Laurium, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,800 | $31,300 | $50,050 |
| 2 people | $21,640 | $35,800 | $57,200 |
| 3 people | $27,320 | $40,250 | $64,350 |
| 4 people | $33,000 | $44,700 | $71,500 |
| 5 people | $38,680 | $48,300 | $77,250 |
| 6 people | $44,360 | $51,900 | $82,950 |
| 7 people | $50,040 | $55,450 | $88,700 |
| 8 people | $55,720 | $59,050 | $94,400 |
These are the limits HUD sets for its housing programs in the Houghton County, MI, where HUD’s median family income for fiscal year 2026 is $89,400.
A program can use its own limits; tax-credit and local programs often do.
Laurium lies inside Calumet Charter Township, whose figures include it, so it is ranked only against places like it.
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 Laurium
Are renters in Laurium rent-burdened?
50.6% of renting households in Laurium pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Laurium?
Laurium has an estimated 183 (±73) renting households, 24.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Laurium?
The median household income in Laurium is $54,167 (±$16,424) a year (2020–2024 American Community Survey).
What is the average home value in Laurium, MI?
The Census Bureau publishes the median: $126,100 (±$28,326) for owner-occupied homes in Laurium (2020–2024 American Community Survey).
What is the average mortgage payment in Laurium?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Laurium, MI is $1,109 (±$113) a month, including taxes, insurance and utilities.
How much are property taxes in Laurium?
The median real estate tax paid by homeowners in Laurium, MI is $1,255 (±$283) a year (2020–2024 American Community Survey).
Is Laurium growing?
In Laurium, the number of residents went from 2,073 in 2015–2019 to 1,509 in 2020–2024 (−27.2%), a measurable decrease.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Laurium village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurium village, Michigan
- HUD Fair Market Rents, fiscal year 2027: Houghton County, MI
- HUD Income Limits, fiscal year 2026: Houghton County, MI
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Laurium Police Department (ORI MI3152200)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Laurium village, Michigan (place:46360, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .