Lafe is located in northeast Arkansas. Lafe is between the Greene, Clay county. Lafe has 2.10 square miles of land area and has no water area. As of 2010-2014, the total Lafe population is 366, which has shrunk 4.94% since 2000. The population growth rate is much lower than the state average rate of 10.24% and is much lower than the national average rate of 11.61%. Lafe median household income is $27,292 in 2010-2014 and has has shrunk by 11.78% since 2000. The income growth rate is much lower than the state average rate of 28.22% and is much lower than the national average rate of 27.36%. Lafe median house value is $64,300 in 2010-2014 and has shrunk by -44.82% since 2000. The house value growth rate is lower than the state average rate of 49.31% and is about the same as 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 Lafe is close to the state average in quality. The Lafe area code is 870.