Laurium, MI Demographics

The total population of Laurium is estimated to be 1,669 with 748 males (44.82%) and 921 females (55.18%). There are 173 more females than males in Laurium.
The median household income in Laurium was $41,435 in 2021, which marked an a decrease of 2,568(5.84%) from $44,003 in 2020. This income is 55.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Laurium sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,363. Overall, the median household income for the village of Laurium stands at $41,435.
In Laurium, the median income for all workers aged 15 years and older, regardless of work hours, was $28,104 for males and $23,308 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,440 for males and $40,940 for females.
In Laurium, population is primarily represented by White households, reporting a median income of $42,561.
In 2022, the population of Laurium was 1,877, a 0.16% decrease year-by-year from 2021. Previously, in 2021, Laurium's population was 1,880, an increase of 0.59% compared to a population of 1,869 in 2020.
The median age in Laurium, MI is 38.4, as per 2021 ACS 5-Year Estimates. Of the total population, 17.96% were under the age of 15, 23.17% aged 15 to 29, 39.03% aged 30 to 64, 18.33% aged 65 to 84, and 1.51% were 85 years of age and older.
Racial distribution of Laurium population: 98.23% are White, 1.18% are Black or African American and 0.59% are multiracial.