Laurium, MI

Census Place

2024 Population

1,509

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

46.1

4.55% 1-year decrease

2024 Poverty Rate

16%

16.7% 1-year decrease

2024 Median Household Income

$54,167

28.3% 1-year growth

2024 Median Property Value

$126,100

Population & Diversity

Laurium, MI is home to a population of 1.51k people, from which 99.7% are citizens.

As of 2024, 1.33% of Laurium, MI residents were born outside of the country (20 people).

In 2024, there were 33.6 times more White (Non-Hispanic) residents (1.38k people) in Laurium, MI than any other race or ethnicity. There were 41 White (Hispanic) and 37 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.7%

2024 Citizenship

98.9%

2023 Citizenship

As of 2024, 99.7% of Laurium, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Laurium, MI was 98.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Laurium, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Laurium, MI

White (Non-Hispanic)
1.38k ± 219
White (Hispanic)
41 ± 35
Two Races Including Other (Hispanic)
37 ± 35

5.43%

Hispanic Population

82 people

5.43% of the people in Laurium, MI are hispanic (82 people).

The following chart shows the 8 races represented in Laurium, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

1.33%

2024 Foreign-Born Population

20 people

2.36%

2023 Foreign-Born Population

35 people

As of 2024, 1.33% of Laurium, MI residents (20 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Laurium, MI was 2.36%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Laurium, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
67 ± 52
Vietnam
42 ± 30
Gulf War (1990s)
30 ± 37

Laurium, MI has a large population of military personnel who served in Gulf War (2001-), 1.6 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Laurium, MI.

Economy

The economy of Laurium, MI employs 831 people. In 2024, the largest industries in Laurium, MI were Manufacturing (168 people), Health Care & Social Assistance (134 people), and Accommodation & Food Services (113 people), and the highest paying industries were Public Administration ($92,188), Educational Services ($71,250), and Professional, Scientific, & Technical Services ($62,750).

Employment

Occupations

831

2024 Value

± 157

−3.15%

1 Year decline

± 27.2%

From 2023 to 2024, employment in Laurium, MI declined at a rate of −3.15%, from 858 employees to 831 employees.

The most common job groups, by number of people living in Laurium, MI, are Food Preparation & Serving Related Occupations (129 people), Production Occupations (122 people), and Sales & Related Occupations (122 people). This chart illustrates the share breakdown of the primary jobs held by residents of Laurium, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

831

2024 Value

± 157

−3.15%

1 Year decline

± 27.2%

From 2023 to 2024, employment in Laurium, MI declined at a rate of −3.15%, from 858 employees to 831 employees.

The most common employment sectors for those who live in Laurium, MI, are Manufacturing (168 people), Health Care & Social Assistance (134 people), and Accommodation & Food Services (113 people). This chart shows the share breakdown of the primary industries for residents of Laurium, MI, though some of these residents may live in Laurium, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$37,258

Median earning men ± $10,337

$29,866

Median earning women ± $5,228

The industries with the best median earnings for men in 2024 are Public Administration ($92,188), Educational Services, & Health Care & Social Assistance ($55,750), and Other Services Except Public Administration ($46,250).

The industries with the best median earnings for women in 2024 are Manufacturing ($40,833), Educational Services, & Health Care & Social Assistance ($35,781), and Finance & Insurance, & Real Estate & Rental & Leasing ($25,750).

Housing & Living

The median property value in Laurium, MI was $126,100 in 2024, which is 0.379 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $87,600 to $126,100, a 43.9% increase. The homeownership rate in Laurium, MI is 75.8%, which is higher than the national average of 65.2%.

People in Laurium, MI have an average commute time of 13.7 minutes, and they drove alone to work. Car ownership in Laurium, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$126,100

Median Property Value 2024

±$28,326

$573

Median Property Taxes

±$112

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Laurium, MI the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Laurium, MI compared to it's parent and neighbor geographies.

Rent vs Own

75.8%

Homeownership

2024

62.3%

Homeowners with Mortgage

2024

In 2024, 75.8% of the housing units in Laurium, MI were occupied by their owner. This percentage grew from the previous year's rate of 70.7%.

This chart shows the percentage of owner in Laurium, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$54,167

Median Household Income

± $16,424

756

Number of Households

± 135

In 2024, the median household income of the 756 households in Laurium, MI grew to $54,167 from the previous year's value of $42,206.

The following chart displays the households in Laurium, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Laurium, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (62.9%)
Carpooled (20.4%)
Worked At Home (8.46%)

In 2024, 62.9% of workers in Laurium, MI drove alone to work, followed by those who carpooled to work (20.4%) and those who worked at home (8.46%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

13.7 minutes

Average Travel Time

Using averages, employees in Laurium, MI have a shorter commute time (13.7 minutes) than the normal US worker (26.4 minutes). Additionally, 0.408% of the workforce in Laurium, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Laurium, MI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Laurium, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Laurium, MI have 2 cars.

Poverty

Poverty & Diversity

16% of the population for whom poverty status is determined in Laurium, MI (242 out of 1.51k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Females 75+ and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Laurium, MI is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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