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Lafayette, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Lafayette, Indiana had a total population of 71,159, the 10th largest city in Indiana, with a median household income of $53,716, which is 25% lower than the state average. The poverty rate is 17.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Lafayette Quick Facts

Population 71,159
Median Household Income $53,716
Median Home Value $172,800
Poverty Rate 17.8%
Unemployment Rate 3.6%
Median Age 33.0 years
Homeownership Rate 46.7%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 27.9%
High School Graduation Rate 88.5%
Diversity Index 49/100
Population 71,159 10th of 967
Median Income $53,716 bottom 30%
Poverty Rate 17.8% 43% higher than national
Median Home Value $172,800 above average

How Lafayette Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population70,65071,159+0.7%
Median household income$52,946$53,716+1.5%
Median home value$157,600$172,800+9.6%

How Lafayette Compares

Economy & Housing

Household Income Distribution

Under $25K 18.8%
$25K-$50K 27.4%
$50K-$100K 34.6%
$100K+ 19.2%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
4.9%
$15K-$20K
4.2%
$20K-$25K
5.3%
$25K-$30K
4.7%
$30K-$35K
5.0%
$35K-$40K
6.7%
$40K-$45K
6.0%
$45K-$50K
5.0%
$50K-$60K
9.5%
$60K-$75K
10.8%
$75K-$100K
14.2%
$100K-$125K
8.4%
$125K-$150K
4.6%
$150K-$200K
3.1%
$200K+
3.1%

Employment

3.6% Unemployment Rate State: 4.3%|National: 5.2%
66.2% Labor Force Participation

Housing Overview

Owner 46.7%
Renter 53.3%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $1,079/mo 24.1% of median household income annually

People & Demographics

Diversity Index

49out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Lafayette Rankings in Indiana

#10 Population of 967
#583 Median Income of 796
#192 Education of 966
#303 Home Value of 818

Other Cities in Tippecanoe County

CityPopulationMedian IncomePovertyHome Value
West Lafayette 45,159 $34,891 37.3% $350,000
Battle Ground 1,969 $110,568 4.0% $277,600
Shadeland 1,921 $82,708 15.0% $270,000
Otterbein 1,576 $63,698 8.8% $158,500
Dayton 1,168 $78,289 12.1% $176,300
Clarks Hill 700 $46,806 16.3% $93,600
Romney 391 $63,578 0.0% $161,000
Stockwell 286 $60,988 11.5% $105,900
West Point 189 $125,409 0.0% $145,900
Colburn 92 N/A 78.3% N/A

Cities Similar to Lafayette

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hammond76,768$55,504$159,90017.4%19.1%
Bloomington80,049$50,465$321,40058.8%29.8%
Muncie64,751$44,471$97,30026.2%29.2%
Kokomo59,122$55,360$137,40018.1%17.1%
Gary68,113$38,731$94,70014.8%33.1%

Population Overview

Lafayette is a mid-sized community located in Indiana, within Tippecanoe County. The total population is 71,159. It ranks as the 10th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Lafayette is 33.0 years. This is 13% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Lafayette is $53,716. This is 25% lower than the state median of $71,957. It is also 33% lower than the national median of $80,734. The poverty rate stands at 17.8%. This is 44% higher than the state poverty rate of 12.3%. The unemployment rate is 3.6%. This is 17% lower than the state rate of 4.3%. The median home value is $172,800. Housing costs are 21% lower than the state median of $218,200. The home-value-to-income ratio is 3.2x. 46.7% of occupied housing units are owner-occupied. This homeownership rate is 34% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Lafayette is White (non-Hispanic), making up 68.7% of the population. Hispanic or Latino residents account for 14.4%. The Hispanic or Latino population is significantly higher than the state average (14.4% vs 8.6%).

Education

27.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.5%.

Data Sources & Methodology

All demographic data for Lafayette, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lafayette, Indiana?

Lafayette, Indiana has a population of 71,159 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lafayette, IN?

The median household income in Lafayette is $53,716, which is 33% lower than the national median of $80,734.

What is the poverty rate in Lafayette, IN?

The poverty rate in Lafayette is 17.8%. This means approximately 12,411 residents live below the federal poverty line.

What is the racial makeup of Lafayette, Indiana?

Lafayette's population is 68.7% White, 10.3% Black, 14.4% Hispanic/Latino, and 2.5% Asian.

What is the median home value in Lafayette, IN?

The median home value in Lafayette is $172,800. The home-value-to-income ratio is 3.2x.

How educated is Lafayette, Indiana?

27.9% of adults (25+) in Lafayette hold a bachelor's degree or higher, and 9.0% hold a graduate or professional degree.