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Lafayette, Indiana

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
71,159
Population
$53,716
Median Income
$172,800
Home Value
33.0
Median Age

Demographics

Lafayette has a population of 71,159 with a median age of 33.0. Here is the racial and ethnic breakdown of the population:

White
72.3%
Hispanic
14.4%
Black
10.4%
Asian
2.5%
Demographic Value
Total Population71,159
Median Age33.0
White72.3%
Black or African American10.4%
Asian2.5%
Hispanic or Latino14.4%
Lafayette, Indiana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 72.6%Hispanic/Latino: 14.5%Black: 10.4%Asian: 2.5%71,159PopulationWhiteWhite72.6%Hispanic/LatinoHispanic/Latino14.5%BlackBlack10.4%AsianAsian2.5%

Income & Economy

The median household income in Lafayette is $53,716, which is 33.4% below the national median of $80,610. The per capita income is $30,390. The poverty rate is 17.8%.

$53,716
Median Household Income
$30,390
Per Capita Income
17.8%
Poverty Rate

Employment

The unemployment rate in Lafayette is 3.9%, compared to the national rate of 4.1%.

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Education

In Lafayette, 88.5% of residents age 25+ have a high school diploma or higher, and 27.9% hold a bachelor's degree or higher (9.0% with a graduate or professional degree).

HS Diploma+
88.5%
Bachelor's+
27.9%
Graduate+
9.0%
Education Level % of Adults (25+)
High School Diploma or Higher88.5%
Bachelor's Degree or Higher27.9%
Graduate or Professional Degree9.0%

Housing

The median home value in Lafayette is $172,800, below the national median of $303,400. The median monthly rent is $1,079. The homeownership rate is 46.7%.

$172,800
Median Home Value
$1,079/mo
Median Rent
46.7%
Homeownership Rate
Housing Metric Value
Median Home Value$172,800
Median Monthly Rent$1,079
Homeownership Rate46.7%
Vacancy Rate5.4%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Lafayette, Indiana?
The population of Lafayette, Indiana is 71,159 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lafayette, Indiana?
The median household income in Lafayette, Indiana is $53,716. This is 33.4% below the national median of $80,610.
What is the median home value in Lafayette, Indiana?
The median home value in Lafayette, Indiana is $172,800. The median monthly rent is $1,079.
What percentage of people in Lafayette have a college degree?
In Lafayette, Indiana, 27.9% of adults age 25 and older hold a bachelor's degree or higher, and 88.5% have a high school diploma or higher.
Is Lafayette, Indiana an affordable place to live?
The home price-to-income ratio in Lafayette, Indiana is 3.2x (median home value $172,800 vs. median income $53,716), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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