Real Estate details: Farmington MN vs Laurel MD
RE Insights
| Metric | Farmington | Laurel |
|---|---|---|
| Population | 23,566 | 29,352 |
| Median Home Price | $346,000 | $414,000 |
| Rent | 14% | 56% |
| Own | 86% | 44% |
Real Estate Insights Comparison: Farmington vs Laurel
- The population in Laurel is greater at 29,352 compared to 23,566 in Farmington.
- The median home price in Laurel is higher at $414,000 compared to $346,000 in Farmington.
- The rent percentage in Laurel is higher at 56% compared to 14% in Farmington.
- A greater percentage of homeowners in Farmington at 86% 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.