Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Located in the state of Indiana, Lafayette is a mid-sized city with a population of 72,556 people. According to the most recent Census, 82% of Lafayette residents are White, 9% Black and 2% Asian. Lafayette could be a great place for young adults and students as the average age of 33 years old is below the nation’s average. Lafayette is not known to have a high population (over 15 years old) of married people. At only 47% married, this city falls well below the national average. If you prefer shorter commutes, living in Lafayette will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Lafayette can be a great experience for anyone relocating to the town. Having said that, in the state of Indiana, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, health & safety, education, employment, you can easily compare the best places to live in Lafayette and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lafayette to Indiana and the national average.
With a livability score of 73 out of 100, Lafayette is ranked #4,165 in the United States and #57 in Indiana. If we consider each of the categories on their own, we see that Lafayette ranks well for cost of living (A+) and housing (A-). Regrettably for Lafayette, there are some categories for which it does not rank well, this includes: crime (F) and employment (D).
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lafayette excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lafayette is real estate affordability. Median real estate prices in Lafayette come in at $119,400, which is 5.6% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Lafayette, the home price to income ratio is 2.5, which is 0% lower than the Indiana average.
| Statistic | Lafayette | Indiana | National |
| Average one way commute | 18min | 23min | 26min |
| Workers who drive to work | 79.6% | 83.0% | 76.4% |
| Workers who carpool | 10.2% | 8.9% | 9.3% |
| Workers who take public transit | 3.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.4% | 0.5% | 0.6% |
| Workers who walk | 2.0% | 2.1% | 2.8% |
| Working from home | 4.1% | 3.5% | 4.6% |
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