Laurium Housing Information - Census

IndexLauriumMichiganNational
Median home price$71,600$127,800$184,700
Median rent asked$606$799$949
Avg. people per household2.42.52.6
Owner occupied households82.0%70.8%63.6%
Renter occupied households18.0%29.2%36.4%

Laurium Housing Information - Zillow

IndexLauriumMichiganNational
Zillow home value indexn/a$146,600$220,100
Year over year appreciation raten/a8.83%7.58%
5 year average appreciation raten/a9.24%6.57%
10 year average appreciation raten/a2.11%1.33%

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Did you know?

  • The median home price in Laurium is 61% lower than the national average.
  • The median rent asked in Laurium is 36% lower than the national average.
  • The average number of people per household in Laurium is 10% lower than the national average.
  • The number of owner occupied households in Laurium is 29% higher than the national average.
  • The number of renter occupied households in Laurium is 50% lower than the national average.

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Compare Laurium, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Ahmeek, MI122$38,40079%
Calumet, MI666$49,60073%
Copper City, MI255$51,80072%
Lake Linden, MI1,157$64,10065%
Hubbell, MI1,025$64,50065%
Laurium, MI2,007$71,60061%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Thorsby, AL2,007$132,50028%
Hammond, WI2,006$135,10027%
Oakland, MD2,008$176,5004%
Combine, TX2,008$164,00011%
Spencer, WV2,008$76,90058%
Laurium, MI2,007$71,60061%
Source: The Laurium, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.