Lafayette, Louisiana Median Income

Lafayette, Louisiana has a population of 121,374, with a median household income of $58,100.

Current median income data for Lafayette.

$58,100

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Population

121,374

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Median Income

$58,100

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Unemployment

3.80%

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Housing Price

$189,400

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Crime Rate

4.20

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Internet Speed

320.00 Mbps

Lafayette is a mid-sized city located in Louisiana. The city has a population that is above the average city population in Louisiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lafayette, located in Louisiana, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lafayette has a population of 121,374, which is higher than the state average. This indicates a relatively larger urban presence within Louisiana.

Income and Economy

The median household income in Lafayette is $58,100, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lafayette is about $189,400, making it relatively affordable compared to many cities in Louisiana.

Employment and Safety

The unemployment rate in Lafayette is 3.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lafayette are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Louisiana, Lafayette shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Louisiana, Lafayette contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lafayette

What is the population of Lafayette?

The population of Lafayette is approximately 121,374.

Is Lafayette a good place to live?

Lafayette offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lafayette?

The median household income in Lafayette is around $58,100.

How expensive is housing in Lafayette?

The average housing price in Lafayette is approximately $189,400.