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La Fayette, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
178
Population
$51,346
Median Income
$50,900
Home Value
44.7
Median Age

Demographics

La Fayette has a population of 178 with a median age of 44.7. Here is the racial and ethnic breakdown of the population:

White
80.9%
Other
9.6%
Black
6.7%
Hispanic
2.8%
Demographic Value
Total Population178
Median Age44.7
White80.9%
Black or African American6.7%
Hispanic or Latino2.8%
Other / Two or More Races9.6%
La Fayette, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 80.9%Other: 9.6%Black: 6.7%Hispanic/Latino: 2.8%178PopulationWhiteWhite80.9%OtherOther9.6%BlackBlack6.7%Hispanic/LatinoHispanic/Latino2.8%

Income & Economy

The median household income in La Fayette is $51,346, which is 36.3% below the national median of $80,610. The per capita income is $49,781. The poverty rate is 4.5%.

$51,346
Median Household Income
$49,781
Per Capita Income
4.5%
Poverty Rate

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Education

In La Fayette, 93.4% of residents age 25+ have a high school diploma or higher, and 5.1% hold a bachelor's degree or higher (3.6% with a graduate or professional degree).

HS Diploma+
93.4%
Bachelor's+
5.1%
Graduate+
3.6%
Education Level % of Adults (25+)
High School Diploma or Higher93.4%
Bachelor's Degree or Higher5.1%
Graduate or Professional Degree3.6%

Housing

The median home value in La Fayette is $50,900, below the national median of $303,400. The homeownership rate is 96.2%.

$50,900
Median Home Value
96.2%
Homeownership Rate
Housing Metric Value
Median Home Value$50,900
Homeownership Rate96.2%
Vacancy Rate10.9%

Salaries in Illinois

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Frequently Asked Questions

What is the population of La Fayette, Illinois?
The population of La Fayette, Illinois is 178 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in La Fayette, Illinois?
The median household income in La Fayette, Illinois is $51,346. This is 36.3% below the national median of $80,610.
What is the median home value in La Fayette, Illinois?
The median home value in La Fayette, Illinois is $50,900.
What percentage of people in La Fayette have a college degree?
In La Fayette, Illinois, 5.1% of adults age 25 and older hold a bachelor's degree or higher, and 93.4% have a high school diploma or higher.
Is La Fayette, Illinois an affordable place to live?
The home price-to-income ratio in La Fayette, Illinois is 1.0x (median home value $50,900 vs. median income $51,346), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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