Laurel, MD Median Household Income By Race

Laurel, MD median household income diversity

Based on our analysis of the distribution of Laurel population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 51.16% of the total residents in Laurel. Notably, the median household income for Black or African American households is $96,028.

Interestingly, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $103,109. This reveals that, while Black or African Americans may be the most numerous in Laurel, White households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Laurel, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $103,109. Black or African American households have a median income of approximately $96,028. Two or More Races households have a median income of approximately $89,028. Asian households have a median income of approximately $82,271. Some Other Race households have a median income of approximately $81,987. Conversly, American Indian and Alaska Native households reveal the lowest median income at $36,147. These disparities underscore the varied income distribution within the city of Laurel.

Laurel, MD median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Laurel, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Laurel.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Laurel, the median household income for the households where the householder is White increased by $14,803(16.76%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $88,306 in 2013 and $103,109 in 2023.
• Black or African American: In Laurel, the median household income for the households where the householder is Black or African American increased by $832(0.87%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $95,196 in 2013 and $96,028 in 2023.
• American Indian and Alaska Native: In Laurel, the median household income for the households where the householder is American Indian and Alaska Native decreased by $22,186(38.03%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $58,333 in 2013 and $36,147 in 2023.
• Asian: In Laurel, the median household income for the households where the householder is Asian increased by $7,981(10.74%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $74,290 in 2013 and $82,271 in 2023.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Laurel, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
• Some other race: In Laurel, the median household income for the households where the householder is Some other race increased by $5,711(7.49%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $76,276 in 2013 and $81,987 in 2023.
• Two or more races (multiracial): In Laurel, the median household income for the households where the householder is multiracial increased by $34,508(63.29%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $54,520 in 2013 and $89,028 in 2023.
• Above analysis reconfirms that there are 6 race households in Laurel. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Laurel, MD?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Laurel have the highest median household income at $103,109.

How does the median household income vary by race in Laurel, MD?

In Laurel, the median household income In Laurel, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $103,109. Black or African American households have a median income of approximately $96,028. Two or More Races households have a median income of approximately $89,028. Asian households have a median income of approximately $82,271. Some Other Race households have a median income of approximately $81,987. Conversly, American Indian and Alaska Native households reveal the lowest median income at $36,147. These disparities underscore the varied income distribution within the city of Laurel..

Which racial group has the lowest median household income according to the Census Bureau in Laurel, MD?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as American Indian and Alaska Native in Laurel exhibit the lowest median household income at $36,147 among the identified racial categories.

What is the median household income for White households in Laurel, MD?

In Laurel, the median household income for the households where the householder is White increased by $14,803(16.76%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $88,306 in 2013 and $103,109 in 2023.

What is the median household income for Black or African American households in Laurel, MD?

In Laurel, the median household income for the households where the householder is Black or African American increased by $832(0.87%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $95,196 in 2013 and $96,028 in 2023.

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