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Lafayette Metro Area Housing

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As of 2010-2014, median price of a house in Lafayette Area is $127,400, which is lower than the state average of $140,400 and is lower than the national average of $175,700. The median year that a house in Lafayette Area was built is 1981, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

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 122,097 Owner Occupied Houses in Lafayette Area, #412

Lafayette Area	127,400 USD
Louisiana	140,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Lafayette Area		-2.45%
Louisiana		65.18%
U.S.		46.91%

*The Lafayette Area median house price growth rate is since 2005-2009. The Louisiana 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 2010-2014 data. View historical house value data.

Housing Occupancy

	Lafayette Area	Louisiana	U.S.
Total Housing Units	198,738, see rank, 100%	1,988,460	132,741,033
Occupied Housing Units	177,280, 89.20%, see rank	86.44%	87.55%
Owner Occupied	122,097, 61.44%, see rank	57.32%	56.34%
Renter Occupied	55,183, 27.77%, see rank	29.12%	31.21%
Vacant Housing Units	21,458, 10.80%, see rank	13.56%	12.45%
For Rent	4,146, 2.09%, see rank	2.63%	2.34%
For Sale Only	1,452, 0.73%, see rank	1.10%	1.20%
Rented or Sold, Not Occupied	1,686, 0.85%, see rank	0.95%	0.92%
For Seasonal, Recreational, or Occasional Use	3,864, 1.94%, see rank	2.59%	3.97%
For Migrant Workers	276, 0.14%, see rank	0.08%	0.03%
Other Vacant	10,034, 5.05%, see rank	6.22%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #216

Lafayette Area	Louisiana	U.S.
1981	1978	1976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lafayette Area	%	Louisiana	U.S.
Owner-Occupied Units	122,097	100%	1,139,756	74,787,460
With a Mortgage	63,977	52.40%, see rank	54.76%	65.58%
Without a Mortgage	58,120	47.60%, see rank	45.24%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lafayette Area	1,136 USD
Louisiana	1,207 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lafayette Area	%	Louisiana	U.S.
$299 or Less	147	0.23%, see rank	0.30%	0.20%
$300 to $499	2,366	3.70%, see rank	3.00%	1.59%
$500 to $699	7,197	11.25%, see rank	9.69%	5.01%
$700 to $999	16,214	25.34%, see rank	21.94%	14.32%
$1,000 to $1,499	20,953	32.75%, see rank	32.94%	27.90%
$1,500 to $1,999	9,441	14.76%, see rank	17.38%	20.35%
$2,000 to $2,999	5,944	9.29%, see rank	11.03%	19.52%
$3,000 or More	1,715	2.68%, see rank	3.72%	11.12%

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

Lafayette Area	19.30% of the Total Income
Louisiana	20.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lafayette Area	%	Louisiana	U.S.
10% or Less	7,779	12.16%, see rank	9.69%	5.86%
10% to 20%	25,975	40.60%, see rank	37.39%	31.95%
20% to 30%	13,976	21.85%, see rank	23.78%	27.64%
30% to 40%	6,201	9.69%, see rank	11.02%	13.74%
40% or More	9,858	15.41%, see rank	17.58%	20.29%

*Based on 2010-2014 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	306 USD
Louisiana	321 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lafayette Area	%	Louisiana	U.S.
$199 or Less	12,363	21.27%, see rank	19.26%	7.76%
$200 to $299	15,904	27.36%, see rank	25.79%	14.70%
$300 to $499	21,121	36.34%, see rank	35.65%	34.63%
$500 to $699	5,651	9.72%, see rank	12.17%	21.16%
$700 or More	3,081	5.30%, see rank	7.14%	21.75%

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

Lafayette Area	10.00% of the Total Income
Louisiana	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lafayette Area	%	Louisiana	U.S.
10% or Less	31,847	54.80%, see rank	50.56%	40.19%
10% to 20%	14,083	24.23%, see rank	27.19%	31.47%
20% to 30%	5,619	9.67%, see rank	9.73%	12.24%
30% to 40%	2,426	4.17%, see rank	4.05%	5.64%
40% or More	3,412	5.87%, see rank	6.80%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lafayette Area	Louisiana	U.S.
Total Housing Units	198,738, 100%	1,988,460	132,741,033
1-unit, Detached	133,509, 67.18%, see rank	65.06%	61.65%
1-unit, Attached	3,522, 1.77%, see rank	3.07%	5.82%
2 Units	3,652, 1.84%, see rank	3.90%	3.75%
3 or 4 Units	6,257, 3.15%, see rank	4.26%	4.43%
5 to 9 Units	5,893, 2.97%, see rank	3.33%	4.78%
10 or More Units	12,937, 6.51%, see rank	6.95%	13.08%
Mobile Home, Boat, RV, Van, etc.	32,968, 16.59%, see rank	13.43%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lafayette Area	Louisiana	U.S.
Total Housing Units	198,738, 100%	1,988,460	132,741,033
1 Room	2,542, 1.28%, see rank	1.30%	1.95%
2 Rooms	3,353, 1.69%, see rank	1.78%	2.48%
3 Rooms	15,320, 7.71%, see rank	7.77%	9.13%
4 Rooms	40,284, 20.27%, see rank	17.53%	16.60%
5 Rooms	52,215, 26.27%, see rank	25.18%	20.41%
6 Rooms	37,173, 18.70%, see rank	19.93%	18.06%
7 Rooms	21,517, 10.83%, see rank	12.11%	12.27%
8 Rooms	13,533, 6.81%, see rank	7.29%	8.48%
9 Rooms or More	12,801, 6.44%, see rank	7.10%	10.60%
Median Rooms	5.20, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lafayette Area	Louisiana	U.S.
Total Housing Units	198,738, 100%	1,988,460	132,741,033
No Bedroom	2,848, 1.43%, see rank	1.42%	2.17%
1 Bedroom	15,243, 7.67%, see rank	8.78%	11.16%
2 Bedrooms	52,439, 26.39%, see rank	25.11%	26.69%
3 Bedrooms	101,667, 51.16%, see rank	48.54%	39.70%
4 Bedrooms	23,009, 11.58%, see rank	13.98%	16.05%
5 or More Bedrooms	3,532, 1.78%, see rank	2.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lafayette Area	Louisiana	U.S.
Total Housing Units	177,280, 100%	1,718,876	116,211,092
Utility Gas	49,794, 28.09%, see rank	35.46%	48.85%
Bottled, Tank, or LP Gas	2,206, 1.24%, see rank	2.46%	4.86%
Electricity	123,957, 69.92%, see rank	61.06%	36.68%
Fuel Oil, Kerosene, etc.	170, 0.10%, see rank	0.07%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	470, 0.27%, see rank	0.59%	2.12%
Solar Energy	29, 0.02%, see rank	0.02%	0.05%
Other Fuel	114, 0.06%, see rank	0.07%	0.47%
No Fuel Used	540, 0.30%, see rank	0.28%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lafayette Area	Louisiana	U.S.
Occupied Units Paying Rent	48,150, 100%	517,424	39,201,928
$199 or Less	1,294, 2.69%, see rank	1.85%	1.50%
$200 to $299	2,395, 4.97%, see rank	4.16%	3.18%
$300 to $499	6,946, 14.43%, see rank	11.15%	7.37%
$500 to $699	12,252, 25.45%, see rank	21.20%	16.01%
$700 to $999	16,308, 33.87%, see rank	35.30%	29.17%
$1,000 to $1,499	6,906, 14.34%, see rank	20.64%	26.88%
$1,500 to $1,999	1,465, 3.04%, see rank	4.19%	9.79%
$2,000 or More	584, 1.21%, see rank	1.51%	6.10%
Median	$717, see rank	$786	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lafayette Area	Louisiana	U.S.
Occupied Housing Units	177,280, 100%	1,718,876	116,211,092
No Vehicles Available	13,345, 7.53%, see rank	8.59%	9.12%
1 Vehicles Available	64,554, 36.41%, see rank	37.07%	33.80%
2 Vehicles Available	71,646, 40.41%, see rank	37.93%	37.48%
3 or More Vehicles Available	27,735, 15.64%, see rank	16.42%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.