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Laurel Hill

Learn about the people, housing, costs and businesses in Laurel Hill, Florida

Median Home$258,200
Median Rent$873/month
Population532
Leading IndustriesRetail · Transportation · Information & Media18% retail
Home Value Growth+4.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners89% of occupied units
Laurel Hill
FL

Frequently Asked Questions

What are today's mortgage rates in Laurel Hill?

As of today, the 30-year fixed mortgage rate for Laurel Hill is approximately 7.045% (7.086% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Laurel Hill?

The median home value in Laurel Hill is $258k. The median monthly rent is $873. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laurel Hill?

Home values in Laurel Hill have increased 4.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Laurel Hill?

Based on a typical all-in ownership cost of $822/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laurel Hill is $77k/year.

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What industries drive the economy in Laurel Hill?

The largest employment sectors in Laurel Hill are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.