Lafayette, Louisiana

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
121,706
Population
$58,850
Median Income
$234,900
Home Value
36.9
Median Age

Demographics

Lafayette has a population of 121,706 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:

White
61.0%
Black
29.2%
Hispanic
5.2%
Asian
2.4%
Other
2.2%
Demographic Value
Total Population121,706
Median Age36.9
White61.0%
Black or African American29.2%
Asian2.4%
Hispanic or Latino5.2%
Other / Two or More Races2.2%

Income & Economy

The median household income in Lafayette is $58,850, which is 21.7% below the national median of $75,149. The per capita income is $37,651. The poverty rate is 19.2%.

$58,850
Median Household Income
$37,651
Per Capita Income
19.2%
Poverty Rate

Employment

The unemployment rate in Lafayette is 6.1%, compared to the national rate of 5.4%.

Education

In Lafayette, 90.8% of residents age 25+ have a high school diploma or higher, and 40.0% hold a bachelor's degree or higher (14.1% with a graduate or professional degree).

HS Diploma+
90.8%
Bachelor's+
40.0%
Graduate+
14.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.8%
Bachelor's Degree or Higher40.0%
Graduate or Professional Degree14.1%

Housing

The median home value in Lafayette is $234,900, below the national median of $281,900. The median monthly rent is $1,022. The homeownership rate is 56.3%.

$234,900
Median Home Value
$1,022/mo
Median Rent
56.3%
Homeownership Rate
Housing Metric Value
Median Home Value$234,900
Median Monthly Rent$1,022
Homeownership Rate56.3%
Vacancy Rate11.5%

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Frequently Asked Questions

What is the population of Lafayette, Louisiana?
The population of Lafayette, Louisiana is 121,706 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Lafayette, Louisiana?
The median household income in Lafayette, Louisiana is $58,850. This is 21.7% below the national median of $75,149.
What is the median home value in Lafayette, Louisiana?
The median home value in Lafayette, Louisiana is $234,900. The median monthly rent is $1,022.
What percentage of people in Lafayette have a college degree?
In Lafayette, Louisiana, 40.0% of adults age 25 and older hold a bachelor's degree or higher, and 90.8% have a high school diploma or higher.
Is Lafayette, Louisiana an affordable place to live?
The home price-to-income ratio in Lafayette, Louisiana is 4.0x (median home value $234,900 vs. median income $58,850), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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