Cost of Living in North Laurel, MD
Population: 25,201 • 2026 Data
$119,533
Median Household Income
+54% vs national
$1,913
Median Monthly Rent
+42% vs national
$442,800
Median Home Value
+31% vs national
2.6%
Unemployment Rate
Housing in North Laurel
The median home value in North Laurel, MD is $442,800. Monthly rent for a typical unit averages $1,913, while total monthly housing costs (including utilities and insurance) average $1,995.
Rent-to-income ratio: 19.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in North Laurel, MD is $119,533. The unemployment rate stands at 2.6%, with a labor force of 14,215 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.