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Lafayette, LA Housing

 
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As of 2010-2014, median price of a house in Lafayette is $171,700, which is higher than the state average of $140,400 and is about the same as the national average of $175,700. The Lafayette median house value has grown by 65.57% since 2000. The growth rate for the price of a house in Lafayette is about the same as the state average rate of 65.18% and is higher than the national average rate of 46.91%. The median year that a house in Lafayette was built is 1977, which is about the same as the median year for a house built in the state which is 1978 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 27,480 Owner Occupied Houses in Lafayette, LA, #37
Lafayette, LA
171,700 USD
Louisiana
140,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #137
Lafayette, LA
65.57%
Louisiana
65.18%
U.S.
46.91%
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, LALouisianaU.S.
Total Housing Units54,475, see rank, 100%1,988,460132,741,033
Occupied Housing Units49,556, 90.97%, see rank86.44%87.55%
Owner Occupied27,480, 50.45%, see rank57.32%56.34%
Renter Occupied22,076, 40.53%, see rank29.12%31.21%
Vacant Housing Units4,919, 9.03%, see rank13.56%12.45%
For Rent1,570, 2.88%, see rank2.63%2.34%
For Sale Only296, 0.54%, see rank1.10%1.20%
Rented or Sold, Not Occupied796, 1.46%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use513, 0.94%, see rank2.59%3.97%
For Migrant Workers162, 0.30%, see rank0.08%0.03%
Other Vacant1,582, 2.90%, see rank6.22%4.00%

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

Year Structure Built

Median Built Year, #205
Lafayette, LALouisianaU.S.
197719781976

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, LA%LouisianaU.S.
Owner-Occupied Units27,480100%1,139,75674,787,460
With a Mortgage16,31759.38%, see rank54.76%65.58%
Without a Mortgage11,16340.62%, see rank45.24%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, LA
1,291 USD
Louisiana
1,207 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLafayette, LA%LouisianaU.S.
$299 or Less210.13%, see rank0.30%0.20%
$300 to $4991881.15%, see rank3.00%1.59%
$500 to $6991,1657.14%, see rank9.69%5.01%
$700 to $9993,48921.38%, see rank21.94%14.32%
$1,000 to $1,4995,71535.02%, see rank32.94%27.90%
$1,500 to $1,9992,94318.04%, see rank17.38%20.35%
$2,000 to $2,9992,01312.34%, see rank11.03%19.52%
$3,000 or More7834.80%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lafayette, LA
21.00% 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, LA%LouisianaU.S.
10% or Less1,65310.13%, see rank9.69%5.86%
10% to 20%5,99936.77%, see rank37.39%31.95%
20% to 30%3,91223.97%, see rank23.78%27.64%
30% to 40%1,68610.33%, see rank11.02%13.74%
40% or More2,98118.27%, see rank17.58%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, LA
405 USD
Louisiana
321 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLafayette, LA%LouisianaU.S.
$199 or Less8927.99%, see rank19.26%7.76%
$200 to $2992,16919.43%, see rank25.79%14.70%
$300 to $4994,59541.16%, see rank35.65%34.63%
$500 to $6991,78916.03%, see rank12.17%21.16%
$700 or More1,71815.39%, see rank7.14%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lafayette, LA
10.30% 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, LA%LouisianaU.S.
10% or Less5,37748.17%, see rank50.56%40.19%
10% to 20%2,87025.71%, see rank27.19%31.47%
20% to 30%1,36912.26%, see rank9.73%12.24%
30% to 40%5695.10%, see rank4.05%5.64%
40% or More7897.07%, see rank6.80%9.16%

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

Units in Structure

 Lafayette, LALouisianaU.S.
Total Housing Units54,475, 100%1,988,460132,741,033
1-unit, Detached33,961, 62.34%, see rank65.06%61.65%
1-unit, Attached2,126, 3.90%, see rank3.07%5.82%
2 Units1,412, 2.59%, see rank3.90%3.75%
3 or 4 Units2,442, 4.48%, see rank4.26%4.43%
5 to 9 Units3,441, 6.32%, see rank3.33%4.78%
10 or More Units9,536, 17.51%, see rank6.95%13.08%
Mobile Home, Boat, RV, Van, etc.1,557, 2.86%, see rank13.43%6.49%

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

Rooms

 Lafayette, LALouisianaU.S.
Total Housing Units54,475, 100%1,988,460132,741,033
1 Room885, 1.62%, see rank1.30%1.95%
2 Rooms1,323, 2.43%, see rank1.78%2.48%
3 Rooms6,065, 11.13%, see rank7.77%9.13%
4 Rooms11,499, 21.11%, see rank17.53%16.60%
5 Rooms11,907, 21.86%, see rank25.18%20.41%
6 Rooms9,496, 17.43%, see rank19.93%18.06%
7 Rooms5,745, 10.55%, see rank12.11%12.27%
8 Rooms3,464, 6.36%, see rank7.29%8.48%
9 Rooms or More4,091, 7.51%, see rank7.10%10.60%
Median Rooms5.10, see rank5.405.50

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

Bedrooms

 Lafayette, LALouisianaU.S.
Total Housing Units54,475, 100%1,988,460132,741,033
No Bedroom1,008, 1.85%, see rank1.42%2.17%
1 Bedroom7,217, 13.25%, see rank8.78%11.16%
2 Bedrooms15,200, 27.90%, see rank25.11%26.69%
3 Bedrooms23,315, 42.80%, see rank48.54%39.70%
4 Bedrooms6,737, 12.37%, see rank13.98%16.05%
5 or More Bedrooms998, 1.83%, see rank2.18%4.22%

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

House Heating Fuel

 Lafayette, LALouisianaU.S.
Total Housing Units49,556, 100%1,718,876116,211,092
Utility Gas17,344, 35.00%, see rank35.46%48.85%
Bottled, Tank, or LP Gas159, 0.32%, see rank2.46%4.86%
Electricity31,873, 64.32%, see rank61.06%36.68%
Fuel Oil, Kerosene, etc.31, 0.06%, see rank0.07%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood25, 0.05%, see rank0.59%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.07%0.47%
No Fuel Used124, 0.25%, see rank0.28%1.00%

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

Gross Rent

Monthly RentalLafayette, LALouisianaU.S.
Occupied Units Paying Rent20,736, 100%517,42439,201,928
$199 or Less537, 2.59%, see rank1.85%1.50%
$200 to $299732, 3.53%, see rank4.16%3.18%
$300 to $4991,581, 7.62%, see rank11.15%7.37%
$500 to $6994,535, 21.87%, see rank21.20%16.01%
$700 to $9997,690, 37.09%, see rank35.30%29.17%
$1,000 to $1,4994,248, 20.49%, see rank20.64%26.88%
$1,500 to $1,9991,073, 5.17%, see rank4.19%9.79%
$2,000 or More340, 1.64%, see rank1.51%6.10%
Median$786, see rank$786$920

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

Vehicle Available

 Lafayette, LALouisianaU.S.
Occupied Housing Units49,556, 100%1,718,876116,211,092
No Vehicles Available4,129, 8.33%, see rank8.59%9.12%
1 Vehicles Available20,681, 41.73%, see rank37.07%33.80%
2 Vehicles Available18,969, 38.28%, see rank37.93%37.48%
3 or More Vehicles Available5,777, 11.66%, see rank16.42%19.61%

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


 
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