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

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Lafayette, Louisiana

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

Lafayette ( LA(H)-F-ee-ET, French: [lafajɛt]) is the most populous city in and parish seat of Lafayette Parish in the U.S. state of Louisiana, located along the Vermilion River. It is Louisiana's fourth-most populous city with a 2020 census population of 121,374; the consolidated city-parish's population was 241,753 in 2020. The Lafayette metropolitan area was Louisiana's third largest metropolitan statistical area with a population of 478,384 at the 2020 census. The Acadiana region containing Lafayette is the largest population and economic corridor between Houston, Texas and New...

DEMOGRAPHICS

Population
126674
Unemployment
5.3%
13% NAT AVG.
Poverty
18.4%
31% NAT AVG.
Cost Of Living
95
5% NAT AVG.

ECONOMICS

Median Home Cost
$197900
14% NAT AVG.
Median Income
$54139
20% NAT AVG.
Median Rent
$899
23% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
6437
117% NAT. AVG.
44% STATE AVG.
Violent Crime
712
45% NAT. AVG.
12% STATE AVG.
Property Crime
5725
131% NAT. AVG.
57% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 11
People Earning < $50,000
46.4%
People With Any Degree
1 in 2.3

ETHNICITY

Ethnicity Lafayette USA
White 60.7% 60.1%
African American 30.4% 12.2%
American Indian 0.2% 0.6%
Asian 2.3% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.4% 2.8%
Hispanic 3.7% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lafayette USA
Less than $10,000 9.3% 5.8%
$10,000 to $14,999 4.9% 4.1%
$15,000 to $24,999 10.2% 8.5%
$25,000 to $34,999 9.5% 8.6%
$35,000 to $49,999 12.5% 12.0%
$50,000 to $74,999 17% 17.2%
$75,000 to $99,999 11.7% 12.8%
$100,000 to $149,999 12.7% 15.6%
$150,000 to $199,999 5.2% 7.1%

EDUCATION

Education Lafayette USA
< 9th Grade 3% 5.0%
9-12th Grade 7% 7.0%
High School or GED 25% 27.0%
Other College 21% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 26% 20.0%
Master's Degree 8% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
Lafayette is a city in Louisiana state in USA with a population of 126674 residents.. The poverty rate of Lafayette is 18.4%, which is 31% higher than national average. The typical household in Lafayette earns $54139 a year, compared to the national median of $67,500. Nearly 46.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Lafayette remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Lafayette is 95, which is 5% lower than national average. In Lafayette, only 39% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Lafayette is $197900 , which is 14% lower than national average. While median income in Lafayette remained $54139, which is 20% lower than national average.
Lafayette Scorecard

Jobs70%

Housing80%

Affordability60%

Safety30%

Amenities90%

Diversity90%

Education80%

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