Is Lafayette, Louisiana a Good Place To Live? - Living In Lafayette, LA

Is Lafayette, Louisiana a good place to live?
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.

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 5.3%, which is 13% 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 39% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Lafayette is 95, which is 5% lower than national average. 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.
Population
126674
Unemployment
5.3%
13% NAT AVG.
Poverty
18.4%
31% NAT AVG.
Overall Score
6
Median Home Cost
$197900
14% NAT AVG.
Median Income
$54139
20% NAT AVG.
Median Rent
$899
23% NAT AVG.
Cost Of Living
95
5% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 11
People Earning < $50,000
46.4%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.3
Pros & Cons Overview

Jobs70%

Housing80%

Affordability60%

Safety30%

Amenities90%

Diversity90%

Education80%

Commute85%