Pros and Cons of Living In Lafayette, Indiana. Is Lafayette, IN a Nice Place To Live or Retire?

Lafayette, Indiana

Moving to Lafayette In Indiana ? Is Lafayette, IN a Nice Place To Live? Pros and Cons of Living in Lafayette, Indiana. Find out the best and worst about to live, raise a family or retire in Lafayette.

Lafayette ( LA(H)F-ee-ET) is a city in and is the county seat of Tippecanoe County, Indiana, United States, located 63 miles (101 km) northwest of Indianapolis and 125 miles (201 km) southeast of Chicago. According to the 2020 census, the population of Lafayette was 70,783. West Lafayette, on the other side of the Wabash River, is home to Purdue University, which contributes significantly to both communities. Together, they form the core of the Lafayette metropolitan area, which had a population of 235,066 in 2020.

Lafayette was founded in 1825 on the southeast bank of the Wabash River near where the river becomes impassable for riverboats upstream,...

DEMOGRAPHICS

Population
72556
Unemployment
5%
6% NAT AVG.
Poverty
16.8%
20% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$119400
48% NAT AVG.
Median Income
$46925
30% NAT AVG.
Median Rent
$853
26% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
2626
55% NAT. AVG.
70% STATE AVG.
Violent Crime
428
53% NAT. AVG.
66% STATE AVG.
Property Crime
2198
56% NAT. AVG.
71% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 20
People Earning < $10,000
1 in 14
People Earning < $50,000
53%
People With Any Degree
1 in 2.8

ETHNICITY

Ethnicity Lafayette USA
White 73.3% 60.1%
African American 9.3% 12.2%
American Indian 0.1% 0.6%
Asian 1.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 13.1% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lafayette USA
Less than $10,000 6.9% 5.8%
$10,000 to $14,999 5.2% 4.1%
$15,000 to $24,999 12.3% 8.5%
$25,000 to $34,999 12.2% 8.6%
$35,000 to $49,999 16.4% 12.0%
$50,000 to $74,999 20.8% 17.2%
$75,000 to $99,999 11.1% 12.8%
$100,000 to $149,999 10.4% 15.6%
$150,000 to $199,999 3.4% 7.1%

EDUCATION

Education Lafayette USA
< 9th Grade 3% 5.0%
9-12th Grade 7% 7.0%
High School or GED 33% 27.0%
Other College 21% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 8% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
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. 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.

Cost of living in Lafayette is 88, which is 12% lower than national average. In Lafayette, only 28% of adults have a bachelor's degree and 29% have some college but no degree. 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.
Lafayette Scorecard

Jobs60%

Housing60%

Affordability70%

Safety40%

Amenities90%

Diversity80%

Education80%

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