C+

Lafayette, IN

Source:

Affordability Score: 61/100

Population: 98,078 · 4 ZIP codes

The affordability dashboard for Lafayette, IN aggregates Census ACS 5-Year Estimates across 4 ZIP codes covering 98,078 residents, then layers in county-level federal data to produce an overall grade of C+ (61/100). The headline inputs are median household income of $63,712, median home value of $214,200, median rent of $1,094 per month, and 31.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,242 per month (studio $894, 1BR $1,032, 3BR $1,489, 4BR $1,992).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Lafayette, IN include commute. Unemployment currently reads 3.0% and poverty 14.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$63,712
Median household income
Education C-
31.1%
Bachelor's degree or higher
Housing C-
3.4x
Home value $214,200 vs income
Commute A-
18 min
Average commute time
Rent B
$1,242/mo
2BR fair market rent (23% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$63,712
▲ 3% vs national
Per Capita Income
$34,145
Unemployment Rate
3.0%
Poverty Rate
14.7%

Housing

Median Home Value
$214,200
▼ 22% vs national
Median Rent
$1,094/mo
Owner Occupied
58.3%
2BR Fair Market Rent
$1,242/mo
▲ 4% vs national

Fair Market Rents by Bedroom

Studio
$894
1BR
$1,032
2BR
$1,242
3BR
$1,489
4BR
$1,992

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
31.1%
▲ 1 ppt vs national
High School+
63.8%
Median Age
34.9
Avg. Commute
18 min
▼ 8 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Lafayette, IN receives an overall affordability grade of C+ (61/100), aggregated from 4 ZIP codes with a total population of 98,078. This area performs well in commute. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Lafayette ZIP Codes
View all 4 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Lafayette, IN affordable?
Lafayette, IN receives an overall affordability grade of C+ (61/100) based on Census, HUD, FBI, and DOL data. Median household income is $63,712. Median home value is $214,200.
What is the cost of living in Lafayette?
Key cost metrics: Median rent $1,094/mo. 2BR fair market rent $1,242/mo. Median home value $214,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →