ZIP Code 70508

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Lafayette · Lafayette County · Louisiana

ZIP code 70508 in Lafayette, Louisiana has a population of 34,810. The median household income is $86,005, which is 13% above the national average. Median home value is $305,300, 10% above the US average. 48.3% of residents hold a bachelor's degree or higher.

ZIP code 70508 is classified by USPS as a standard delivery area and covers roughly 64.8 square miles in Lafayette, Lafayette County, Louisiana. The area is home to 34,810 residents, producing a population density of 537 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 70508 against Louisiana and the nation.

On the economic side, the median household income for ZIP 70508 sits at $86,005 (44% above the Louisiana average), while per-capita income is $52,135. The poverty rate stands at 12.7% and the unemployment rate at 3.8%. On housing, the median home value is $305,300 (72% above the state average) with median rent at $1,239 per month, and 61.9% of occupied units are owner-occupied — a direct signal of whether 70508 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 48.3% of adults hold a bachelor's degree or higher, the median age is 37.5, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Lafayette County, so you can benchmark 70508 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data — no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 70508

Top 5 industries — ZIP 70508 (establishments)

Top 5 industries — ZIP 70508 (establishments) Horizontal bar chart of the top 5 items by value (establishments). Top 5 industries — ZIP 70508 (establishments) Top 5 1. Health care and social assistanc 462 2. Professional, scientific, and te 394 3. Retail trade 203 4. Finance and insurance 202 5. Accommodation and food services 175 Top 5 NAICS sectors by establishment count in ZIP 70508. Source: U.S. Census Bureau ZIP Code Business Patterns (ZBP).

Source: U.S. Census Bureau — American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 70508, Lafayette, LA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

34,810

Population

64.8

Area (sq mi)

537

People / sq mi

Chicago

Time Zone

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ZIP Type

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

Demographics

37.5

Median Age

49.3%

Male

50.7%

Female

4.4%

Foreign-Born

White 76.0%
African American 13.1%
Asian 2.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.2%
Hispanic or Latino 5.3%

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)

Income & Employment

$86,005

Median Household Income

+44% vs state

$52,135

Per Capita Income

12.7%

Poverty Rate

3.8%

Unemployment Rate

23.4 min

Mean Commute Time

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

Education

High School Graduate or Higher 67.6%
Bachelor's Degree or Higher 48.3%

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

Housing

19,138

Total Housing Units

17,365

Occupied Units

1,773

Vacant Units

2.32

Avg Household Size

Occupancy Type

Owner 61.9%
Renter 38.1%

$305,300

Median Home Value

+72% vs state

$1,239

Median Rent

1998

Median Year Built

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

Home Value Trends

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

+4.3%

YoY Change (2024)

202

HPI Index (2000 = 100)

+102%

Total Change Since 2000

Home values in ZIP 70508 have increased 4.3% over the past year (2024). Since 2000, this ZIP has seen +102% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.4% 163
2021 +5.5% 172
2022 +6.9% 184
2023 +5.2% 194
2024 +4.3% 202

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.

Local Business Landscape

Census Bureau data shows 2,343 business establishments in ZIP 70508, employing approximately 36,827 people with a combined annual payroll of $2,315,923,000.

2,343

Businesses

36,827

Employees

$2.3B

Annual Payroll

18

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 462 19.7%
Professional, scientific, and technical services 394 16.8%
Retail trade 203 8.7%
Finance and insurance 202 8.6%
Accommodation and food services 175 7.5%
Real estate and rental and leasing 166 7.1%
Construction 135 5.8%
Administrative and support and waste management and remediation services 118 5.0%
Other services (except public administration) 114 4.9%
Wholesale trade 96 4.1%
Transportation and warehousing 66 2.8%
Mining, quarrying, and oil and gas extraction 60 2.6%
Manufacturing 51 2.2%
Educational services 30 1.3%
Arts, entertainment, and recreation 28 1.2%
Management of companies and enterprises 20 0.8%
Information 16 0.7%
Agriculture, forestry, fishing and hunting 3 0.1%

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 70508 vs 70503 →

ZIP Code City Population Distance
70503 Lafayette, LA 27,816 2.3 mi
70592 Youngsville, LA 18,878 5.3 mi
70506 Lafayette, LA 41,163 4.2 mi
70558 Milton, LA 134 4.7 mi
70518 Broussard, LA 12,297 6.2 mi
70501 Lafayette, LA 31,358 6.3 mi
70507 Lafayette, LA 16,558 8.7 mi
70529 Duson, LA 11,752 8.5 mi
70555 Maurice, LA 7,372 8.7 mi
70583 Scott, LA 11,693 9.1 mi

More ZIP Codes in Lafayette County

Related Areas

Frequently Asked Questions

What county is ZIP code 70508 in?
ZIP code 70508 (Lafayette) is located in Lafayette County, Louisiana. Lafayette County contains multiple ZIP codes — see the full list at /counties/lafayette-la.
What is the population of ZIP code 70508?
ZIP code 70508 in Lafayette, LA has a population of 34,810 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 70508?
The median household income in ZIP 70508 is $86,005, which is 13% above the national average of $76,288.
What is the average home value in ZIP 70508?
The median home value in ZIP 70508 is $305,300, which is 10% above the national average of $278,155.
What is the demographic makeup of ZIP 70508?
The largest racial group in ZIP 70508 is White at 76.0%. Hispanic or Latino residents make up 5.3% of the population.
How many businesses are in ZIP code 70508?
ZIP code 70508 has 2,343 business establishments employing approximately 36,827 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 70508?
The top industries by establishment count in ZIP 70508 are: Health care and social assistance (462), Professional, scientific, and technical services (394), Retail trade (203). There are 18 industry sectors represented in total.
How have home values changed in ZIP code 70508?
According to the FHFA House Price Index, home values in ZIP 70508 increased by 4.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 102%. 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 70508?
In ZIP code 70508, 67.6% of residents aged 25+ have a high school diploma or higher, and 48.3% 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 70508?
The mean commute time for workers in ZIP code 70508 is 23.4 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 70508?
In ZIP code 70508, approximately 61.9% of occupied housing units are owner-occupied and 38.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 70508?
The poverty rate in ZIP code 70508 is 12.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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