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Lafayette Metro Area Housing

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As of 2008-2012, median price of a house in Lafayette Area is $123,300, which is about the same as the state average of $122,700 and is lower than the national average of $175,700. The median year that a house in Lafayette Area was built is 1975, which is newer than the median year for a house built in the state which is 1971 and is about the same as the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 45,091 Owner Occupied Houses in Lafayette Area, #466

Lafayette Area	123,300 USD
Indiana	123,400 USD
U.S.	181,400 USD

Median House Price Growth Since 2005-2009, see rank

Lafayette Area	0.41%
Indiana	30.12%
U.S.	46.91%

*The Lafayette Area median house price growth rate is since 2005-2009. The Indiana and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2008-2012 data. View historical house value data.

Housing Occupancy

	Lafayette Area	Indiana	U.S.
Total Housing Units	84,505, see rank, 100%	2,795,541	131,704,730
Occupied Housing Units	76,911, 91.01%, see rank	89.51%	88.62%
Owner Occupied	44,898, 53.13%, see rank	62.53%	57.69%
Renter Occupied	32,013, 37.88%, see rank	26.98%	30.93%
Vacant Housing Units	7,594, 8.99%, see rank	10.49%	11.38%
For Rent	2,933, 3.47%, see rank	3.33%	3.14%
For Sale Only	1,406, 1.66%, see rank	1.66%	1.44%
Rented or Sold, Not Occupied	411, 0.49%, see rank	0.53%	0.48%
For Seasonal, Recreational, or Occasional Use	1,245, 1.47%, see rank	1.63%	3.53%
For Migrant Workers	6, 0.01%, see rank	0.01%	0.02%
Other Vacant	1,593, 1.89%, see rank	3.34%	2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #467

Lafayette Area	Indiana	U.S.
1975	1971	1975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2008-2012 data. View historical year structure built data.

Mortgage Status

	Lafayette Area	%	Indiana	U.S.
Owner-Occupied Units	45,091	100%	1,749,798	75,484,661
With a Mortgage	32,370	71.79%, see rank	69.57%	67.13%
Without a Mortgage	12,721	28.21%, see rank	30.43%	32.87%

*Based on 2008-2012 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lafayette Area	1,139 USD
Indiana	1,150 USD
U.S.	1,559 USD

Owner Costs Distribution

Monthly Owner Costs	Lafayette Area	%	Indiana	U.S.
$299 or Less	105	0.32%, see rank	0.35%	0.18%
$300 to $499	845	2.61%, see rank	3.00%	1.59%
$500 to $699	2,796	8.64%, see rank	9.03%	4.89%
$700 to $999	8,604	26.58%, see rank	25.16%	13.71%
$1,000 to $1,499	11,372	35.13%, see rank	35.67%	26.97%
$1,500 to $1,999	5,301	16.38%, see rank	15.65%	20.33%
$2,000 to $2,999	2,525	7.80%, see rank	8.57%	20.10%
$3,000 or More	822	2.54%, see rank	2.58%	12.24%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lafayette Area	20.70% of the Total Income
Indiana	21.30% of the Total Income
U.S.	24.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lafayette Area	%	Indiana	U.S.
10% or Less	2,167	6.69%, see rank	6.64%	5.04%
10% to 20%	13,080	40.41%, see rank	38.62%	29.70%
20% to 30%	9,422	29.11%, see rank	27.90%	28.18%
30% to 40%	3,676	11.36%, see rank	12.03%	14.80%
40% or More	3,931	12.14%, see rank	14.42%	21.80%

*Based on 2008-2012 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lafayette Area	368 USD
Indiana	372 USD
U.S.	449 USD

Owner Costs Distribution

Monthly Owner Costs	Lafayette Area	%	Indiana	U.S.
$199 or Less	954	7.50%, see rank	8.88%	7.99%
$200 to $299	3,027	23.80%, see rank	22.32%	15.31%
$300 to $499	5,799	45.59%, see rank	44.00%	35.02%
$500 to $699	2,049	16.11%, see rank	16.89%	20.88%
$700 or More	892	7.01%, see rank	7.91%	20.80%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lafayette Area	10.00% of the Total Income
Indiana	11.30% of the Total Income
U.S.	12.60% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lafayette Area	%	Indiana	U.S.
10% or Less	6,538	51.40%, see rank	44.13%	39.10%
10% to 20%	3,997	31.42%, see rank	31.77%	31.88%
20% to 30%	974	7.66%, see rank	11.30%	12.59%
30% to 40%	497	3.91%, see rank	4.85%	5.84%
40% or More	690	5.42%, see rank	6.97%	9.41%

*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lafayette Area	Indiana	U.S.
Total Housing Units	84,555, 100%	2,797,237	131,642,457
1-unit, Detached	54,632, 64.61%, see rank	72.72%	61.70%
1-unit, Attached	2,879, 3.40%, see rank	3.51%	5.79%
2 Units	2,524, 2.99%, see rank	2.63%	3.80%
3 or 4 Units	3,929, 4.65%, see rank	3.64%	4.44%
5 to 9 Units	5,368, 6.35%, see rank	4.62%	4.78%
10 or More Units	12,163, 14.38%, see rank	7.64%	12.89%
Mobile Home, Boat, RV, Van, etc.	3,060, 3.62%, see rank	5.25%	6.60%

*Based on 2008-2012 data. View historical units in structure data.

Rooms

	Lafayette Area	Indiana	U.S.
Total Housing Units	84,555, 100%	2,797,237	131,642,457
1 Room	1,434, 1.70%, see rank	1.17%	1.95%
2 Rooms	2,261, 2.67%, see rank	1.41%	2.36%
3 Rooms	7,936, 9.39%, see rank	6.49%	8.97%
4 Rooms	13,034, 15.41%, see rank	14.30%	16.57%
5 Rooms	18,279, 21.62%, see rank	21.97%	20.41%
6 Rooms	15,982, 18.90%, see rank	20.24%	18.25%
7 Rooms	9,606, 11.36%, see rank	13.58%	12.38%
8 Rooms	6,919, 8.18%, see rank	9.28%	8.59%
9 Rooms or More	9,104, 10.77%, see rank	11.56%	10.52%
Median Rooms	5.50, see rank	5.70	5.50

*Based on 2008-2012 data. View historical rooms data.

Bedrooms

	Lafayette Area	Indiana	U.S.
Total Housing Units	84,555, 100%	2,797,237	131,642,457
No Bedroom	1,573, 1.86%, see rank	1.29%	2.16%
1 Bedroom	10,081, 11.92%, see rank	9.16%	11.12%
2 Bedrooms	21,311, 25.20%, see rank	26.81%	26.85%
3 Bedrooms	36,156, 42.76%, see rank	44.04%	39.76%
4 Bedrooms	12,700, 15.02%, see rank	15.35%	15.95%
5 or More Bedrooms	2,734, 3.23%, see rank	3.36%	4.16%

*Based on 2008-2012 data. View historical bedrooms data.

House Heating Fuel

	Lafayette Area	Indiana	U.S.
Total Housing Units	77,359, 100%	2,478,846	115,226,802
Utility Gas	44,918, 58.06%, see rank	62.04%	49.42%
Bottled, Tank, or LP Gas	7,347, 9.50%, see rank	7.42%	5.03%
Electricity	22,573, 29.18%, see rank	26.36%	35.51%
Fuel Oil, Kerosene, etc.	578, 0.75%, see rank	1.15%	6.46%
Coal or Coke	23, 0.03%, see rank	0.15%	0.12%
Wood	972, 1.26%, see rank	2.14%	2.08%
Solar Energy	10, 0.01%, see rank	0.02%	0.04%
Other Fuel	670, 0.87%, see rank	0.49%	0.43%
No Fuel Used	268, 0.35%, see rank	0.23%	0.90%

*Based on 2008-2012 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lafayette Area	Indiana	U.S.
Occupied Units Paying Rent	30,940, 100%	685,288	37,562,111
$199 or Less	347, 1.12%, see rank	2.34%	1.76%
$200 to $299	462, 1.49%, see rank	3.48%	3.29%
$300 to $499	2,521, 8.15%, see rank	11.93%	8.20%
$500 to $699	9,337, 30.18%, see rank	29.23%	17.39%
$700 to $999	11,328, 36.61%, see rank	36.33%	29.40%
$1,000 to $1,499	5,224, 16.88%, see rank	13.66%	25.73%
$1,500 to $1,999	1,394, 4.51%, see rank	1.97%	8.92%
$2,000 or More	327, 1.06%, see rank	1.06%	5.30%
Median	$761, see rank	$719	$889

*Based on 2008-2012 data. View historical gross rent data.

Vehicle Available

	Lafayette Area	Indiana	U.S.
Occupied Housing Units	77,359, 100%	2,478,846	115,226,802
No Vehicles Available	5,038, 6.51%, see rank	6.63%	9.03%
1 Vehicles Available	26,415, 34.15%, see rank	32.72%	33.67%
2 Vehicles Available	30,993, 40.06%, see rank	39.24%	37.64%
3 or More Vehicles Available	14,913, 19.28%, see rank	21.41%	19.66%

*Based on 2008-2012 data. View historical vehicle available data.