Lafayette, Ohio Unemployment

Lafayette, Ohio has a population of 612, with a median household income of $54,800.

Current unemployment data for Lafayette.

3.30%

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Population

612

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Median Income

$54,800

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Unemployment

3.30%

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Housing Price

$174,400

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Crime Rate

0.20

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Internet Speed

181.00 Mbps

Lafayette is a small local community located in Ohio. The city has a population that is below the average city population in Ohio, 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 Ohio, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lafayette has a population of 612, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lafayette is $54,800, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lafayette is about $174,400, making it relatively affordable compared to many cities in Ohio.

Employment and Safety

The unemployment rate in Lafayette is 3.30%, slightly above the state average, suggesting moderate employment conditions. Lafayette has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

As part of Ohio, 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 612.

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 $54,800.

How expensive is housing in Lafayette?

The average housing price in Lafayette is approximately $174,400.