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

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 (, 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 Orleans.

Originally established as Vermilionville in the 1820s and incorporated in 1836, Lafayette developed as an...

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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