Lafayette, LA · standard

ZIP Code 70506

Lafayette Parish, Louisiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

41,163
767/sq mi High-density area
$57,379
Median income Below-median income area
$218,000
Median home value Near-median home value
36.3%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Lafayette pairs a below-median household income with below-median home values, in a low-density, mixed-tenure area.

25th pct
household income, US ZIPs
49th pct
home value, US ZIPs
767
people per sq mi
50%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 70506 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 70506 (Lafayette, LA) rose +2.1% from 2023 to 2024. The all-transactions index moved from 197.3 in 2023 to 201.5 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 70506 is a densely settled ZIP (a standard USPS delivery area) in Lafayette, Lafayette Parish, Louisiana, with 41,163 residents across 53.6 square miles, a density of 767 people per square mile, in the Chicago time zone.

ZIP 70506 reports a modest median household income of $57,379 (4% below the average Louisiana ZIP), while per-capita income is $33,689. The poverty rate is 17.3%, with unemployment at 5.7%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $218,000 (23% above the average Louisiana ZIP), with only 49.6% owner-occupied homes and median rent of $1,042.

A solid share of residents have a four-year degree: 36.3% of adults hold a bachelor's degree or higher, the median age is 34, and the average commute is 19 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Lafayette Parish, so 70506 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Top industries in ZIP 70506

Top 5 sectors by establishment count in Lafayette, LA

Which industries have the most business establishments in ZIP 70506.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 70506, Lafayette, LA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

41,163

Population

53.6

Area (sq mi)

767

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 70506?

34.0

Median Age

47.7%

Male

52.3%

Female

12.4%

Foreign-Born

White 57.0%
African American 22.8%
Asian 2.9%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 14.7%
Hispanic or Latino 13.6%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$57,379

Median Household Income

-4% vs state ZIP avg

$33,689

Per Capita Income

17.3%

Poverty Rate

5.7%

Unemployment Rate

19.2 min

Mean Commute Time

How ZIP 70506 ranks nationally

Lafayette, LA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$57,379 25th percentile higher than 25% of 30,318 US ZIPs

This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 67.0%
Bachelor's Degree or Higher 36.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

20,374

Total Housing Units

18,738

Occupied Units

1,636

Vacant Units

2.24

Avg Household Size

Occupancy Type

Owner 49.6%
Renter 50.4%

$218,000

Median Home Value

+23% vs state ZIP avg

$1,042

Median Rent

1981

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+2.1%

YoY Change (2024)

201

HPI Index (2000 = 100)

+101%

Total Change Since 2000

Home values in ZIP 70506 have increased 2.1% over the past year (2024). Since 2000, this ZIP has seen +101% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.1% 166
2021 +4.9% 174
2022 +8.9% 189
2023 +4.1% 197
2024 +2.1% 201

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,224 business establishments in ZIP 70506, employing approximately 17,951 people with a combined annual payroll of $974,280,000.

1,224

Businesses

17,951

Employees

$974.3M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 178 14.5%
Retail trade 166 13.6%
Professional, scientific, and technical services 158 12.9%
Construction 114 9.3%
Accommodation and food services 97 7.9%
Other services (except public administration) 93 7.6%
Finance and insurance 69 5.6%
Administrative and support and waste management and remediation services 68 5.6%
Wholesale trade 63 5.2%
Real estate and rental and leasing 63 5.2%
Manufacturing 39 3.2%
Transportation and warehousing 26 2.1%
Information 26 2.1%
Educational services 20 1.6%
Arts, entertainment, and recreation 18 1.5%
Mining, quarrying, and oil and gas extraction 14 1.1%
Management of companies and enterprises 11 0.9%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 70506 vs 70503 →

ZIP 70506 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 70506 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 70506 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 70506 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
70503 Lafayette, LA 27,816 2.0 mi
70529 Duson, LA 11,752 4.8 mi
70508 Lafayette, LA 34,810 4.2 mi
70558 Milton, LA 134 6.6 mi
70583 Scott, LA 11,693 5.1 mi
70501 Lafayette, LA 31,358 6.2 mi
70507 Lafayette, LA 16,558 6.7 mi
70555 Maurice, LA 7,372 8.8 mi
70520 Carencro, LA 18,405 9.8 mi
70592 Youngsville, LA 18,878 8.9 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 70506, both outside LA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (41,163 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Lafayette Parish

Frequently Asked Questions

What parish is ZIP code 70506 in?

ZIP code 70506 (Lafayette) is located in Lafayette Parish, Louisiana. Lafayette Parish contains multiple ZIP codes, see the full list at /counties/lafayette-la.

What is the population of ZIP code 70506?

ZIP code 70506 in Lafayette, LA has a population of 41,163 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 70506?

The median household income in ZIP 70506 is $57,379, which is 25% below the national average of $76,288.

What is the average home value in ZIP 70506?

The median home value in ZIP 70506 is $218,000, which is 22% below the national average of $278,155.

What is the demographic makeup of ZIP 70506?

The largest racial group in ZIP 70506 is White at 57.0%. Hispanic or Latino residents make up 13.6% of the population.

How many businesses are in ZIP code 70506?

ZIP code 70506 has 1,224 business establishments employing approximately 17,951 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 70506?

The top industries by establishment count in ZIP 70506 are: Health care and social assistance (178), Retail trade (166), Professional, scientific, and technical services (158). There are 17 industry sectors represented in total.

How have home values changed in ZIP code 70506?

According to the FHFA House Price Index, home values in ZIP 70506 increased by 2.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 101%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 70506?

In ZIP code 70506, 67.0% of residents aged 25+ have a high school diploma or higher, and 36.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 70506?

The mean commute time for workers in ZIP code 70506 is 19.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 70506?

In ZIP code 70506, approximately 49.6% of occupied housing units are owner-occupied and 50.4% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 70506?

The poverty rate in ZIP code 70506 is 17.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 70506's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

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Read our methodology : how this data is sourced, computed, and verified.

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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.