HomeLouisianaLafayette ParishLafayette city
Lafayette city, Louisiana: commercial real estate data.
Lafayette city is a Census city of 121,715 people across 56.19 square miles of land, in Lafayette Parish. Median household income is $61,915, 53.1 percent of occupied homes are owned, and the SBA record carries 176 7(a) approvals to borrowers here worth $124.7 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lafayette
What Lafayette is
- Census place typecity
- Land area56.19 sq mi
- Water area0.08 sq mi
- Population per square mile of land2,166
- County holding the largest share of its areaLafayette Parish, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lafayette
How many people live in Lafayette
- Population121,715
- Median age36.9
- Population under 1825,466
- Share under 1820.9 percent
- Population 65 and over21,014
- Share 65 and over17.3 percent
- Households52,966
- Family households29,858
- Share of households that are families56.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lafayette
Income and work in Lafayette
- Median household income$61,915
- Per capita income$40,517
- Civilian labor force62,153
- Employed58,924
- Unemployed3,229
- Unemployment rate5.2 percent
- Adults 25 and over84,482
- Adults 25 and over with a high school diploma or higher90.9 percent
- Adults 25 and over with a bachelor degree or higher41.1 percent
- Adults 25 and over with a graduate degree13.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lafayette
Housing in Lafayette
- Housing units59,363
- Occupied units52,966
- Vacant units6,397
- Vacancy rate10.8 percent
- Owner occupied28,138
- Renter occupied24,828
- Ownership rate53.1 percent
- Median owner-occupied home value$257,000
- Median gross rent, monthly$1,100
- Annual rent as a share of median income21.3 percent
- Single family units39,055
- Share single family65.8 percent
- Units in buildings of two or more18,645
- Share in buildings of two or more31.4 percent
- Mobile homes1,663 plus or minus 416
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lafayette
How Lafayette gets to work
- Workers 16 and over who commute52,776
- Commuting under 15 minutes20,032
- Share commuting under 15 minutes38.0 percent
- Commuting 30 minutes or more9,904
- Share commuting 30 minutes or more18.8 percent
- Drove alone80.4 percent
- Carpooled5.5 percent
- Public transport0.5 percent plus or minus 0.3
- Walked2.0 percent plus or minus 0.6
- Worked from home9.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lafayette
SBA loans in Lafayette (7(a))
- Approvals176
- Gross approval$124,732,100
- Average approval$708,705
- Median approval$250,200
- Ninetieth percentile approval$2,018,000
- Largest approval$5,000,000
- Jobs supported2,543
- Jobs per approval14.4
- Loans with a final outcome37
- Paid in full29
- Charged off8
- Charge-off rate over resolved loans21.6 percent
- Median term120 months
- Share on real estate terms of 20 years or more15.9 percent
- Share to franchises19.3 percent
- Distinct lenders41
- Distinct industries by NAICS91
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lafayette
SBA loans in Lafayette (504)
- Approvals79
- Gross approval$44,146,000
- Average approval$558,810
- Median approval$323,000
- Largest approval$2,908,000
- Jobs supported703
- Loans with a final outcome27
- Charged off1
- Charge-off rate over resolved loans3.7 percent
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lafayette Parish, not Lafayette
Lafayette Parish context, not Lafayette figures
These are Lafayette Parish figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lafayette measurements.
- Establishments in Lafayette Parish8,844
- Employment at those establishments, Lafayette Parish132,799
- Covered employment, Lafayette Parish137,173
- Average annual pay, Lafayette Parish$58,120
- Average weekly wage, Lafayette Parish$1,118
- Housing units permitted, Lafayette Parish1,592
- Of those, single family, Lafayette Parish1,574
- County product, 2024, Lafayette Parish$19,778,244,000
- County product change over the prior year, Lafayette Parish4.8 percent
- Average income of an arriving household, Lafayette Parish$54,015
Every figure in this section is published for Lafayette Parish as a whole and is not a measurement of Lafayette. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lafayette questions, answered from the record.
How many people live in Lafayette, Louisiana?
121,715, in 52,966 households. Lafayette city covers 56.19 square miles of land, which is 2,166 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lafayette in?
Lafayette Parish, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lafayette?
$61,915. The median owner-occupied home is valued at $257,000. Median gross rent is $1,100 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lafayette businesses?
176 7(a) approvals totalling $124.7 m, across 41 lenders, median approval $250,200, plus 79 504 approvals worth $44.1 m. These count approvals to borrowers whose address is in Lafayette, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lafayette borrowers get paid back?
Of the 37 loans that have reached a final outcome, 29 were paid in full and 8 charged off, a charge off rate of 21.6 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Lafayette figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lafayette Parish as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lafayette.
Is zoning published for Lafayette?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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