Is Lafayette, Indiana a Good Place To Live? - Living In Lafayette, IN

Is Lafayette, Indiana a good place to live?
Lafayette is a city in Indiana state in USA with a population of 72556 residents.. The poverty rate of Lafayette is 16.8%, which is 20% higher than national average. The typical household in Lafayette earns $46925 a year, compared to the national median of $67,500. Nearly 53% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lafayette, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lafayette remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lafayette, only 28% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Lafayette is 88, which is 12% lower than national average. Median home value in Lafayette is $119400 , which is 48% lower than national average. While median income in Lafayette remained $46925, which is 30% lower than national average.
Population
72556
Unemployment
5%
6% NAT AVG.
Poverty
16.8%
20% NAT AVG.
Overall Score
6
Median Home Cost
$119400
48% NAT AVG.
Median Income
$46925
30% NAT AVG.
Median Rent
$853
26% NAT AVG.
Cost Of Living
88
12% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 20
People Earning < $10,000
1 in 14
People Earning < $50,000
53%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.8
Pros & Cons Overview

Jobs60%

Housing60%

Affordability70%

Safety40%

Amenities90%

Diversity80%

Education80%

Commute90%