Lafayette is located in southwest Kentucky. Lafayette has 0.24 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Lafayette population is 150, which has shrunk 22.28% since 2000. The population growth rate is much lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Lafayette median household income is $35,000 in 2010-2014 and has grown by 21.08% since 2000. The income growth rate is lower than the state average rate of 28.72% and is lower than the national average rate of 27.36%. Lafayette median house value is $90,500 in 2010-2014 and has grown by 68.84% since 2000. The house value growth rate is much higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lafayette is worse than the state average in quality.