Wealth Index

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

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Income Statistics Overview

See income data visualized

Metric Laurel Maryland Avg US Average
Median Household Income $89,628 $101,971 $78,145
Median Personal Income $89,628 $101,971 $78,145
Average income growth 4.3% 4.3% 4.3%

Household Income Trend

Median Household Income Over Time

Laurel
United States
Year Laurel United States

Economic Inequality in Laurel | Gender Pay Gap | Gini Index

Metric Laurel Maryland Avg US Average
Gini Index 0.519 0.553 0.570
Male Median Income $65,356 $81,929 $67,746
Female Median Income $67,719 $70,143 $54,793
Gender Pay Gap -3.6% 14.4% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Laurel Maryland Avg US Average
Unemployment Rate 4.5% 4.9% 5.2%
Working from Home 13.2% 17.2% 13.4%
Commute time (minutes) 30 28 22

Unemployment Rate Over Time

Laurel
United States
Year Laurel United States