Laurens, NY Profile: Facts & Data

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Laurens, New York - Basic Facts

The Village of Laurens had a population of 246 as of July 1, 2019.

The primary coordinate point for Laurens is located at latitude 42.5306 and longitude -75.0896 in Otsego County. The formal boundaries for the Village of Laurens encompass a land area of 0.13 sq. miles and a water area of 0 sq. miles. Otsego County is in the Eastern time zone (GMT -5). The elevation is 1,112 feet.

The Village of Laurens (GNIS ID: 2390935) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Laurens is located within Town of Laurens, a minor civil division (MCD) of Otsego County.


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  1. Laurens 2019 Demographic Data
  2. Growth Rates for Laurens (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2019 Demographics

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Laurens, NY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Laurens, NY Housing Affordability Index is 169
State of New York Housing Affordability Index is 85
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Laurens, NY Wealth Index is 58
State of New York Wealth Index is 109
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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  5. See the New York COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 246 (100%)
Population in Households 246 (100.0%)
Population in Families 186 (75.6%)
Population in Group Quarters1 0
Population Density 1,916
Diversity Index2 17
 

INCOME

Median Household Income $43,339
Average Household Income $56,748
Per Capita Income $24,867
Wealth Index4 58

HOUSING

Total Housing Units 121 (100%)
Owner Occupied HU 77 (63.6%)
Renter Occupied HU 24 (19.8%)
Vacant Housing Units 20 (16.5%)
Median Home Value $140,789
Housing Affordability Index3 169
 

HOUSEHOLDS

Total Households 101
Average Household Size 2.44
Family Households 62
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.72% -0.83%
Households -0.72% -0.8%
Families -0.99% -0.99%
Median Household Income   2.58%
Per Capita Income   2.01%

Laurens, NY - Peer Comparisons by Rank and Percentile

The table below compares Laurens to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1145 4th
Population Density # 429 64th
Diversity Index # 777 35th
Median Household Income # 1070 11th
Per Capita Income # 946 21st

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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