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Economy, jobs and prices in Lafayette, Indiana: official figures

The median household income in Lafayette was $53,716 a year in the 2020-2024 American Community Survey (in 2024 dollars), 66th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Indiana median $71,957.

Median household income
$53,716
2020-2024
Unemployment rate (ACS)
3.6%
2020-2024
Mean travel time to work
16.4 min
2020-2024
Median gross rent (monthly)
$1,079
2020-2024
Median home value (owner-occupied)
$172,800
2020-2024
Homes occupied by their owners
46.7%
2020-2024
Households with a broadband subscription
91.4%
2020-2024

What is the per capita income in Lafayette?

Income per resident (per capita income) in Lafayette averaged $30,390 a year in 2020-2024, 104th lowest of 823 US cities of 50,000 or more (US: $44,673; Indiana: $38,351).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Lafayette?

Lafayette's Gini index of household income inequality was 0.410 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 145th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Lafayette, Indiana?

3.6% of the civilian labor force in Lafayette was unemployed on average over 2020-2024 (1,327 people), 103rd lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Indiana's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Lafayette are working?

66.2% of Lafayette's 56,172 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 378th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Lafayette have jobs?

35,821 residents of Lafayette held civilian jobs, 63.8% of those aged 16 and over (US: 59.7%), and 25 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Lafayette?

The largest industry group for working residents of Lafayette was education, health care and social assistance (26.8% of employed residents), followed by manufacturing (24.9%) and retail trade (11.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Lafayette work in manufacturing?

Manufacturing employed 24.9% of working residents of Lafayette, 5th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 8.3% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Lafayette, Indiana?

Commuters in Lafayette took 16.4 minutes on average to get to work in 2020-2024, 29th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.0% travelled an hour or more and 46.9% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Lafayette get to work?

8.0% of workers living in Lafayette worked from home in 2020-2024, 110th lowest of 823 US cities of 50,000 or more (US: 15.1%). 79.6% drove to work alone, 7.6% carpooled, 2.2% used public transport and 1.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Lafayette, Indiana?

The median gross rent (rent plus utilities) in Lafayette was $1,079 a month in 2020-2024, 119th lowest of 823 US cities of 50,000 or more (US: $1,413; Indiana: $1,062).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Lafayette?

Owner-occupied homes in Lafayette had a median value of $172,800 in 2020-2024 as estimated by their owners, 68th lowest of 823 US cities of 50,000 or more (US: $332,700; Indiana: $218,200).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Lafayette?

The median home value in Lafayette was 3.2 times the median household income, 132nd lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Lafayette, Indiana own their home?

46.7% of the 32,242 occupied homes in Lafayette were lived in by their owners in 2020-2024 and 17,191 were rented, 149th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Indiana: 70.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Lafayette have broadband?

91.4% of households in Lafayette had a broadband internet subscription of some type in 2020-2024, 299th lowest of 823 US cities of 50,000 or more (US: 91.0%; Indiana: 89.9%).

Source: U.S. Census Bureau · saved copy

How many households in Lafayette have no internet?

4.9% of households in Lafayette (1,578) had no internet access at home in 2020-2024, 400th highest of 823 US cities of 50,000 or more (US: 6.5%); 31.2% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Lafayette compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Lafayette ranks 758 of 823, highest first.

RankCityMedian household income (2024 dollars)
755Milwaukee$54,234
756Knoxville$54,039
757Kissimmee$53,758
758Lafayette$53,716
759Harlingen$53,645
760Mobile$53,558
761Evansville$53,387
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Lafayette ranks 720 of 823, highest first.

RankCityPer capita income (2024 dollars)
717Hemet$30,507
718Yakima$30,483
719Battle Creek$30,455
720Lafayette$30,390
721Gulfport$30,378
722Jacksonville$30,271
723Santa Ana$30,222
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Lafayette ranks 679 of 823, highest first.

RankCityGini index of household income inequality
676Brentwood0.410
677Berwyn0.410
678Frederick0.410
679Lafayette0.410
680Rockwall0.410
681Baldwin Park0.410
682Collierville0.410
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Lafayette ranks 721 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
718Sarasota3.6%
719Overland Park3.6%
720Avondale3.6%
721Lafayette3.6%
722Conway3.6%
723Scottsdale3.6%
724St. George3.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Lafayette ranks 378 of 823, highest first.

RankCityLabor force participation rate (16 and over)
375Chico66.2%
376Bellingham66.2%
377Ontario66.2%
378Lafayette66.2%
379San Marcos66.2%
380Oceanside66.2%
381Placentia66.2%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Lafayette ranks 795 of 823, highest first.

RankCityMean travel time to work (minutes)
792Flagstaff16.5
793Billings16.5
794Normal16.5
795Lafayette16.4
796Columbia16.4
797Lubbock16.3
798Bend16.3
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Lafayette ranks 714 of 823, highest first.

RankCityWorkers who worked from home
711Montgomery8.0%
712Moreno Valley8.0%
713Highland8.0%
714Lafayette8.0%
715Mishawaka7.9%
716Union City7.9%
717Pasadena7.9%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Lafayette ranks 236 of 823, highest first.

RankCityWorkers commuting by public transportation
233Lynchburg2.2%
234Santa Monica2.2%
235Milpitas2.2%
236Lafayette2.2%
237Chula Vista2.2%
238Tigard2.2%
239Tallahassee2.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Lafayette ranks 5 of 823, highest first.

RankCityEmployed residents working in manufacturing
2Columbus31.5%
3Novi27.5%
4Rochester Hills25.2%
5Lafayette24.9%
6Kokomo24.4%
7Hillsboro23.7%
8Milpitas23.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Lafayette ranks 157 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
154Scranton26.9%
155Medford26.9%
156Eau Claire26.8%
157Lafayette26.8%
158Salt Lake City26.8%
159Millcreek26.8%
160Boulder26.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Lafayette ranks 705 of 823, highest first.

RankCityMedian gross rent per month
702Pueblo$1,082
703Twin Falls$1,082
704Rochester$1,081
705Lafayette$1,079
706Kalamazoo$1,078
707Idaho Falls$1,075
708Detroit$1,074
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Lafayette ranks 756 of 823, highest first.

RankCityMedian value of owner-occupied homes
753Macon-Bibb County$174,500
754Sioux City$173,600
755Independence$172,900
756Lafayette$172,800
757Council Bluffs$171,800
758Parma$170,100
759Memphis$169,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Lafayette ranks 689 of 820, highest first.

RankCityMedian home value as a multiple of median household income
686Joplin3.2x
687Pasadena3.2x
688Fayetteville3.2x
689Lafayette3.2x
690Augusta3.2x
691Olathe3.2x
692Longview3.2x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Lafayette ranks 675 of 823, highest first.

RankCityOccupied homes lived in by their owners
672Missoula47.0%
673Salinas47.0%
674Portland46.9%
675Lafayette46.7%
676Knoxville46.6%
677Hialeah46.6%
678Pontiac46.6%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Lafayette ranks 525 of 823, highest first.

RankCityHouseholds with a broadband subscription
522Phoenix91.4%
523Champaign91.4%
524Peabody91.4%
525Lafayette91.4%
526Little Rock91.4%
527Cathedral City91.3%
528Madison91.3%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Lafayette ranks 400 of 823, highest first.

RankCityHouseholds with no internet access
397Joliet4.9%
398Long Beach4.9%
399Turlock4.9%
400Lafayette4.9%
401Menifee4.9%
402Troy4.9%
403Janesville4.9%
Source: U.S. Census Bureau · saved copy

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Sources

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