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CITY · 2020 ACS

Laurium

Michigan · 1,864 residents · 0.649 sq mi
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The short version

Laurium has notably lower household income than the US average, with a median household income of $38,833. Population has declined 12% since 2000. Median home value has risen by half since 2000, reaching $82,400. Households here earn about 34% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.6
US median: 38.8
Average education
28% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,864
−12%since 2000
from 2,126 in 2000
1990 – 2025
Population density
2,872 / sq mi
−12%since 2000
from 3,276 / sq mi in 2000
US average: 280
Median age
40.6
+3%since 2000
from 39.5 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Laurium
20242K
1990201020202024
Section 02

Income & economy

Median household income
$38,833
−15%inflation adjusted, since 2000
from $30,404 in 2000
US average: $66,278
1990 – 2024
Per capita income
$21,766
+30%since 2000
from $16,686 in 2000
US average: $35,364
Households earning $100K+
25.6%
+8.5 ptssince 2009
from 17.1% in 2009
US average: 43.9%
Poverty rate
16.5%
+4.1 ptssince 2000
from 12.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.2%
US avg: 11.1%
Retail trade12.1%
US avg: 10%
Wholesale trade5.3%
US avg: 6.7%
Other services2.9%
US avg: 6.6%
Public administration2.9%
US avg: 4.7%
Transportation & warehousing2.7%
US avg: 2.5%
Arts, entertainment, food2.4%
US avg: 2%
Finance & insurance1.2%
US avg: 5.5%
Professional, scientific, technical0.6%
US avg: 4.7%
Education & health services0.6%
US avg: 0.8%
Agriculture, forestry, fishing0.5%
US avg: 1.7%
Construction0.5%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$82,400
+10%inflation adjusted, since 2000
from $49,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$492
−9%inflation adjusted, since 2000
from $361 in 2000
US average: $1,124
Owner-occupied
76.1%
Unchangedsince 2000
from 76.1% in 2000
23.9% rent
Afford Score
2.1
+30%since 2000
from 1.6 in 2000
1990 – 2024
RELATED:See current rent listings in Laurium on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.9%(2,081)
Black0.2%(4)
Hispanic / Latino0.5%(11)
Asian0.2%(4)
Other0%
Diversity Score2.2%(48)
2020
White, non-Hispanic94.6%(1,763)
Black0.2%(3)
Hispanic / Latino1.2%(22)
Asian0.2%(3)
Other0.6%(12)
Diversity Score5.4%(101)
Diversity Score
5
+141%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
28.3%
+7.1 ptssince 2000
from 21.2% in 2000
US average: 32.9%
High school or higher
91.9%
+5.6 ptssince 2000
from 86.3% in 2000
US average: 88.5%
Graduate degree
9.3%
+2.4 ptssince 2000
from 6.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.5 min
+69%since 2000
from 9.8 min in 2000
US average: 26.9
Drive alone to work
75.5%
+7.8 ptssince 2009
from 67.6% in 2009
US average: 75.1%
No vehicle available
7.5%
−1.8 ptssince 2009
from 9.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.6%
−4.6 ptssince 2011
from 8.3% in 2011
US average: 5.4%
Labor force participation
57.8%
−1.3 ptssince 2011
from 59.2% in 2011
US average: 63.4%
Management & professional
26.9%
−29.5 ptssince 2009
from 56.4% in 2009
US average: 39.3%
Section 08

People & community

Male
47.4%
−2.9 ptssince 2009
from 50.3% in 2009
Female
52.6%
+2.9 ptssince 2009
from 49.7% in 2009
Foreign born
1.7%
−1.2 ptssince 2009
from 2.9% in 2009
US average: 13.5%
Uninsured
5.8%
−81.9 ptssince 2013
from 87.7% in 2013
US average: 8.8%
Drill deeper

Places similar to Laurium

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Pop 1,942
Callahan
Pop 1,830
Grove City
Pop 2,106
Lake Butler
Pop 1,921
Places similar to Laurium
Head to head

Compare Laurium to nearby cities

LAURIUM VS
Houghton
Income$43,456+12%
Home value$254,500+209%
Population8,560+353%
SEE FULL COMPARISON →
LAURIUM VS
Marquette
Income$55,613+43%
Home value$274,700+233%
Population21,944+1060%
SEE FULL COMPARISON →
LAURIUM VS
Rhinelander
Income$51,421+32%
Home value$125,700+53%
Population8,242+336%
SEE FULL COMPARISON →
LAURIUM VS
Escanaba
Income$45,369+17%
Home value$125,200+52%
Population12,257+548%
SEE FULL COMPARISON →
Frequently asked

How many people live in Laurium, Michigan?

Laurium, Michigan has about 1,864 residents according to the 2020 American Community Survey.

What is the median household income in Laurium, Michigan?

The typical household in Laurium, Michigan earns about $38,833 a year. Half of households make more than that, and half make less.

Is Laurium, Michigan expensive?

In Laurium, Michigan, the median home is worth about $82,400, and the typical rent is about $492 a month.

How educated are people in Laurium, Michigan?

About 28.3% of adults age 25 and over in Laurium, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Laurium, Michigan?

About 16.5% of people in Laurium, Michigan live below the federal poverty line.

Has Laurium, Michigan grown since 1990?

Yes, Laurium, Michigan has shrunk since 1990. The population has lost about 404 residents, a change of about -18 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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