Living in LaFayette, Georgia
Cost of living, income, home prices, rent and demographics of LaFayette · Census data 2020–2024
LaFayette has 6,967 residents with a median age of 43. The median household income is $46,018 (41% lower than the Georgia median), the median home value is $144,800, the median rent is $840/month.
LaFayette at a glance
- Population
- 6,967
- Median age
- 43State: 37.6
- Median household income
- $46,018State: $77,353
- Median home value
- $144,800State: $303,300
- Median rent
- $840/moState: $1,393
- Homeowners
- 60.1%
- Bachelor's degree or higher
- 12.1%
- Average commute
- 27 min
Is LaFayette a good place to live?
Pros: Home values 52% lower than the state median; an average commute of 27 minutes; unemployment of 0.6%.
Cons: Median household income 41% lower than the Georgia median; a poverty rate of 14.3%.
The weather is best in April–May and September–October.
Cost of living in LaFayette
Housing is the biggest part of the cost of living. In LaFayette the median home value is $144,800, 56% lower than the U.S. median. Renters pay a median of $840 per month, which is 27% of household income. Homeowners with a mortgage pay $1,203 a month in housing costs.
LaFayette median household income
The median household income in LaFayette is $46,018 and the income per person is $23,992. 14.3% of residents live below the poverty line (Georgia: 13.4%).
Housing in LaFayette: homes for sale and rent
- Housing units
- 3,208
- Owner-occupied
- 60.1%
- Renter-occupied
- 39.9%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.25
LaFayette demographics
- Population
- 6,967
- Median age
- 43
- Under 18
- 18.3%
- 65 and older
- 20.2%
- Households
- 2,887
- Foreign-born
- 3.4%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of LaFayette ›
Education in LaFayette
12.1% of adults 25 and older in LaFayette have a bachelor's degree or higher (Georgia: 34.9%), and 6.3% have a graduate or professional degree.
Jobs and commute in LaFayette
- Unemployment rate
- 0.6%State: 5.1%
- Average commute
- 27 minState: 28 min
- Work from home
- 8.1%
- Drive alone
- 74.2%
- Public transit
- 0%
- Walk to work
- 2.5%
- Homes with broadband
- 87.8%
LaFayette vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| LaFayette | 6,967 | $46,018 | $144,800 | $840 |
| Rock Spring | 1,183 | $117,925 | $218,000 | $681 |
| Trion | 2,033 | $48,750 | $127,700 | $770 |
| Chickamauga | 3,014 | $92,532 | $269,100 | $750 |
| Fairview | 5,302 | $64,050 | $183,600 | $989 |
| Chattanooga Valley | 4,601 | $52,813 | $205,300 | $1,051 |
| Fort Oglethorpe | 10,416 | $51,867 | $199,700 | $937 |
| Summerville | 4,408 | $32,662 | $99,000 | $593 |
| Ringgold | 3,435 | $42,583 | $243,300 | $956 |
More for people moving to LaFayette
LaFayette ZIP code ›Weather and climate ›Living in LaFayette: FAQ
What is the median household income in LaFayette, GA?
The median household income in LaFayette is $46,018, 41% lower than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in LaFayette?
The median home value in LaFayette is $144,800, compared with $303,300 in Georgia.
How much is rent in LaFayette?
The median gross rent in LaFayette is $840 per month, about 27% of household income.
Is LaFayette, GA a good place to live?
Pluses: home values 52% lower than the state median; an average commute of 27 minutes; unemployment of 0.6%. Minuses: median household income 41% lower than the Georgia median; a poverty rate of 14.3%.
What is the median age in LaFayette?
The median age in LaFayette is 43 years (Georgia: 37.6).
How long is the commute in LaFayette?
The average commute to work in LaFayette is 27 minutes; 8.1% of workers work from home.
What is the unemployment rate in LaFayette?
The unemployment rate in LaFayette is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is LaFayette?
12.1% of adults in LaFayette have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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