Real Estate details: Ely MN vs Laurel MD

RE Insights

Metric Ely Laurel
Population 3,237 29,352
Median Home Price $211,000 $414,000
Rent 37% 56%
Own 63% 44%

Real Estate Insights Comparison: Ely vs Laurel

  • The population in Laurel is greater at 29,352 compared to 3,237 in Ely.
  • The median home price in Laurel is higher at $414,000 compared to $211,000 in Ely.
  • The rent percentage in Laurel is higher at 56% compared to 37% in Ely.
  • A greater percentage of homeowners in Ely at 63% compared to 44% in Laurel.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.