Laurel Park, VA Profile: Facts & Data

The primary coordinate point for Laurel Park is located at latitude 36.6887 and longitude -79.8006 in Henry County. The formal boundaries for the Laurel Park Census Designated Place encompass a land area of 1.3 sq. miles and a water area of 0.01 sq. miles. Henry County is in the Eastern time zone (GMT -5).

The Laurel Park Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Laurel Park, VA Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	658 (100%)
Population in Households	658 (100.0%)
Population in Families	544 (82.7%)
Population in Group Quarters¹	0
Population Density	505
Diversity Index²	59


INCOME
Median Household Income	$54,378
Average Household Income	$81,724
% of Income for Mortgage⁴	18%
Per Capita Income	$37,757
Wealth Index⁵	92
Socioeconomic Status Index⁶	Moderate (61.9)

HOUSING
Total HU (Housing Units)	324 (100%)
Owner Occupied HU	231 (71.3%)
Renter Occupied HU	73 (22.5%)
Vacant Housing Units	20 ( 6.2%)
Median Home Value	$159,167
Average Home Value	$204,145
Housing Affordability Index³	131

HOUSEHOLDS
Total Households	304
Average Household Size	2.16
Family Households	193
Average Family Size	3.00

NOTES

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.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Laurel Park, VA - Peer Comparisons by Rank and Percentile

The table below compares Laurel Park to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2025 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.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.03%	-1.06%
Households	-0.43%	-0.94%
Families		-1.49%
Median Household Income		1.31%
Per Capita Income		3.22%
Owner Occupied HU		-0.61%

Variable Description	Rank	Percentile
Total Population	# 432	37th
Population Density	# 383	44th
Median Household Income	# 493	28th
Housing Affordability Index	# 597	87th
Per Capita Income	# 349	49th
Diversity Index	# 240	65th

Laurel Park, VA Profile: Facts & Data

Laurel Park, Virginia - Basic Facts

Laurel Park, VA Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Laurel Park, VA - Peer Comparisons by Rank and Percentile

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