Is Lafayette, Colorado a Good Place To Live? - Living In Lafayette, CO

Is Lafayette, Colorado a good place to live?
Lafayette is a city in Colorado state in USA with a population of 27952 residents.. The poverty rate of Lafayette is 5.4%, which is 61% lower than national average. The typical household in Lafayette earns $85909 a year, compared to the national median of $67,500. Nearly 26.7% 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 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lafayette remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lafayette, only 60% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Lafayette is 118, which is 18% higher than national average. Median home value in Lafayette is $458300 , which is 99% higher than national average. While median income in Lafayette remained $85909, which is 27% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
27952
Unemployment
3.8%
19% NAT AVG.
Poverty
5.4%
61% NAT AVG.
Overall Score
7.5
Median Home Cost
$458300
99% NAT AVG.
Median Income
$85909
27% NAT AVG.
Median Rent
$1685
45% NAT AVG.
Cost Of Living
118
18% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 26
People Earning < $10,000
1 in 36
People Earning < $50,000
26.7%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing95%

Affordability40%

Safety60%

Amenities90%

Diversity80%

Education90%

Commute70%