What percentage of people rent in Laurel Bay, SC?
77.5% (±7.1 points) of the occupied homes in Laurel Bay, SC are rented (2020–2024 American Community Survey).
That is 1,509 renting households against 438 that own their home.
In Laurel Bay, the share of households that rent went from 70.7% in 2015–2019 to 77.5% in 2020–2024 (+6.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 77.5% (±7.1 points)
- Renting households
- 1,509 (±380)
- Median renter income
- $43,281 (±$16,302)
Who rents and who owns in Laurel Bay
| Laurel Bay | Beaufort County | South Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 77.5% (±7.1 points) | 24.1% (±1.2 points) | 28.1% (±0.3 points) | 34.8% |
| Renting households | 1,509 (±380) | 19,806 (±1,030) | 595,868 (±5,739) | 45,017,354 |
| Owning households | 438 (±121) | 62,527 (±1,127) | 1,522,121 (±8,375) | 84,210,142 |
| Average renter household size | 2.9 (±0.4) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 3.5 (±1.0) | 2.2 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $43,281 (±$16,302) | $56,462 (±$3,984) | $43,796 (±$694) | $52,966 |
| Median owner household income | $89,048 (±$12,824) | $100,661 (±$4,761) | $82,205 (±$598) | $100,009 |
In Laurel Bay, the renter share is higher than in Beaufort County (24.1%).
It is also higher than in South Carolina (28.1%).
It is higher than the national figure (34.8%).
In Beaufort County, Laurel Bay ranks 1 of 7 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 3 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Laurel Bay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 70.7% (±6.9 points) | 77.5% (±7.1 points) | +6.8 percentage points | Not a measurable change |
| Median gross rent | $1,183 (±$69) | $1,454 (±$131) | +22.9% | No measurable change after inflation |
| Median household income | $47,656 (±$9,451) | $54,345 (±$17,949) | +14.0% | 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.
Households that rent in places near Laurel Bay
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Laurel Bay | — | 77.5% (±7.1 points) | — |
| Burton | 3.6 mi | 39.8% (±9.1 points) | Lower |
| Beaufort | 3.7 mi | 38.5% (±6.6 points) | Lower |
| Shell Point | 6.1 mi | 21.0% (±10.6 points) | Lower |
| Ridgeland | 7.9 mi | 53.0% (±13.1 points) | Lower |
| Port Royal | 8.8 mi | 61.9% (±6.8 points) | Lower |
| Yemassee | 16 mi | 37.7% (±11.9 points) | Lower |
| Hardeeville | 19 mi | 23.2% (±6.1 points) | Lower |
| Hilton Head Island | 19 mi | 21.3% (±2.2 points) | Lower |
Nearby places with a measurably lower figure: Burton, SC (39.8%), Beaufort, SC (38.5%), Shell Point, SC (21.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Beaufort County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Laurel Bay | 77.5% (±7.1 points) |
| 2 | Port Royal | 61.9% (±6.8 points) |
| 3 | Burton | 39.8% (±9.1 points) |
| 4 | Beaufort | 38.5% (±6.6 points) |
| 5 | Hilton Head Island | 21.3% (±2.2 points) |
| 6 | Shell Point | 21.0% (±10.6 points) |
| 7 | Bluffton | 16.6% (±2.8 points) |
Laurel Bay 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.
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Questions about Laurel Bay
How many renters are there in Laurel Bay?
Laurel Bay has an estimated 1,509 (±380) renting households, 77.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Laurel Bay?
In Laurel Bay, the share of households that rent went from 70.7% in 2015–2019 to 77.5% in 2020–2024 (+6.8 percentage points), not a measurable change.
How big are renting households in Laurel Bay?
A renting household in Laurel Bay has 2.9 people on average, against 3.5 in an owned home.
How much do renters earn in Laurel Bay?
The median renting household in Laurel Bay, SC has an income of $43,281 (±$16,302) a year, against $89,048 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Laurel Bay CDP, South Carolina
- 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 Bay CDP, South Carolina (place:40525, in state:45).
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 .
Related
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- Median rent in Laurel Bay
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- Rent burden in Laurel Bay
- Income and affordability in Laurel Bay
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- Age of homes in Laurel Bay
- Vacancy rate in Laurel Bay
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- Population growth in Laurel Bay
- How long people stay in Laurel Bay
- South Carolina landlord and tenant rules
- Housing across Beaufort County
- South Carolina places ranked by share of renters
- Housing data for every place in South Carolina