Living in Lake Lafayette, Missouri
Cost of living, income, home prices, rent and demographics of Lake Lafayette · Census data 2020–2024
Lake Lafayette has 237 residents with a median age of 45.4. The median household income is $46,563 (34% lower than the Missouri median), the median home value is $76,800.
Lake Lafayette is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Lafayette at a glance
- Population
- 237
- Median age
- 45.4State: 39
- Median household income
- $46,563State: $70,702
- Median home value
- $76,800State: $230,300
- Homeowners
- 96.4%
- Bachelor's degree or higher
- 5.3%
- Average commute
- 28 min
Is Lake Lafayette a good place to live?
Pros: Home values 67% lower than the state median.
Cons: Median household income 34% lower than the Missouri median; an average commute of 28 minutes; unemployment of 6.8%; a poverty rate of 43.5%.
The weather is best in May–June and September–October.
Cost of living in Lake Lafayette
Housing is the biggest part of the cost of living. In Lake Lafayette the median home value is $76,800, 77% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,063 a month in housing costs.
Lake Lafayette median household income
The median household income in Lake Lafayette is $46,563 and the income per person is $17,645. 43.5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Lake Lafayette: homes for sale and rent
- Housing units
- 112
- Owner-occupied
- 96.4%
- Renter-occupied
- 3.6%
- Vacant
- 25.9%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.86
Lake Lafayette demographics
- Population
- 237
- Median age
- 45.4
- Under 18
- 23.6%
- 65 and older
- 21.5%
- Households
- 83
- Foreign-born
- 0%
- Veterans
- 11%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Lafayette ›
Education in Lake Lafayette
5.3% of adults 25 and older in Lake Lafayette have a bachelor's degree or higher (Missouri: 32.4%), and 1.2% have a graduate or professional degree.
Jobs and commute in Lake Lafayette
- Unemployment rate
- 6.8%State: 4%
- Average commute
- 28 minState: 24 min
- Work from home
- 0%
- Drive alone
- 70.1%
- Public transit
- 0%
- Walk to work
- 4.5%
- Homes with broadband
- 61.4%
Lake Lafayette vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Lafayette | 237 | $46,563 | $76,800 | — |
| Odessa | 5,620 | $100,022 | $238,200 | $1,063 |
| Bates City | 162 | $88,750 | $218,800 | $1,292 |
| Oak Grove | 8,538 | $75,102 | $215,500 | $1,044 |
| Mayview | 301 | $116,250 | $113,000 | $950 |
| Tarsney Lakes | 214 | $2,499 | — | — |
| Lone Jack | 1,412 | $121,389 | $330,100 | $1,203 |
| Wellington | 432 | $67,045 | $144,200 | $1,004 |
| Grain Valley | 16,271 | $89,649 | $283,800 | $1,398 |
More for people moving to Lake Lafayette
Lake Lafayette ZIP code ›Weather and climate ›Living in Lake Lafayette: FAQ
What is the median household income in Lake Lafayette, MO?
The median household income in Lake Lafayette is $46,563, 34% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Lafayette?
The median home value in Lake Lafayette is $76,800, compared with $230,300 in Missouri.
Is Lake Lafayette, MO a good place to live?
Pluses: home values 67% lower than the state median. Minuses: median household income 34% lower than the Missouri median; an average commute of 28 minutes; unemployment of 6.8%; a poverty rate of 43.5%.
What is the median age in Lake Lafayette?
The median age in Lake Lafayette is 45.4 years (Missouri: 39).
How long is the commute in Lake Lafayette?
The average commute to work in Lake Lafayette is 28 minutes; 0% of workers work from home.
What is the unemployment rate in Lake Lafayette?
The unemployment rate in Lake Lafayette is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Lafayette?
5.3% of adults in Lake 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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