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Lafayette, Louisiana Demographics & Population 2026

5th Largest5th most populous city in Louisiana

During the 2020–2024 ACS period, Lafayette, Louisiana had a total population of 121,715, the 5th largest city in Louisiana, with a median household income of $61,915, which is 2% higher than the state average. The poverty rate is 18.3%.

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

Key Takeaways

Lafayette Quick Facts

Population 121,715
Median Household Income $61,915
Median Home Value $257,000
Poverty Rate 18.3%
Unemployment Rate 5.2%
Median Age 36.9 years
Homeownership Rate 53.1%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 41.1%
High School Graduation Rate 90.8%
Diversity Index 59/100
Population 121,715 5th of 488
Median Income $61,915 above average
Poverty Rate 18.3% 47% higher than national
Median Home Value $257,000 top 20%

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
Population121,537121,715+0.1%
Median household income$61,454$61,915+0.8%
Median home value$251,300$257,000+2.3%

How Lafayette Compares

Economy & Housing

Household Income Distribution

Under $25K 22.6%
$25K-$50K 18.9%
$50K-$100K 28.1%
$100K+ 30.4%
Detailed income brackets
Under $10K
7.5%
$10K-$15K
5.9%
$15K-$20K
5.0%
$20K-$25K
4.2%
$25K-$30K
3.0%
$30K-$35K
4.3%
$35K-$40K
4.3%
$40K-$45K
4.0%
$45K-$50K
3.3%
$50K-$60K
6.9%
$60K-$75K
8.1%
$75K-$100K
13.0%
$100K-$125K
8.3%
$125K-$150K
6.4%
$150K-$200K
7.1%
$200K+
8.6%

Employment

5.2% Unemployment Rate State: 6.3%|National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 53.1%
Renter 46.9%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $1,100/mo 21.3% of median household income annually

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 59 | National average: 61

Education

Lafayette Rankings in Louisiana

#5 Population of 488
#149 Median Income of 437
#22 Education of 488
#47 Home Value of 425

Other Cities in Lafayette Parish

CityPopulationMedian IncomePovertyHome Value
Youngsville 17,427 $105,876 9.1% $287,700
Broussard 14,322 $116,179 13.5% $310,200
Carencro 11,619 $63,401 24.5% $214,800
Scott 8,609 $56,299 15.2% $170,300
Milton 2,793 $105,625 20.3% $264,800
Ossun 2,271 $40,810 24.6% N/A
Duson 1,282 $25,054 39.3% $54,300

Cities Similar to Lafayette

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Metairie139,729$73,042$327,50041.2%12.5%
Lake Charles81,143$59,235$214,30029.1%23.3%
Shreveport180,982$48,699$178,90028.5%23.5%
Kenner64,904$64,020$246,30029.1%15.4%
Baton Rouge222,771$49,994$234,70036.6%25.7%

Population Overview

Lafayette is a major urban center located in Louisiana, within Lafayette Parish. The total population is 121,715. It ranks as the 5th most populous out of 488 Census-designated places in Louisiana.

Age Demographics

The median age in Lafayette is 36.9 years. This is 3% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Lafayette is $61,915. This is 2% higher than the state median of $60,756. It is also 23% lower than the national median of $80,734. The poverty rate stands at 18.3%. This is 3% lower than the state poverty rate of 18.9%. The unemployment rate is 5.2%. This is 17% lower than the state rate of 6.3%. The median home value is $257,000. Housing costs are 19% higher than the state median of $216,500. The home-value-to-income ratio is 4.2x. 53.1% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 67.4%.

Race & Ethnicity

The largest racial or ethnic group in Lafayette is White (non-Hispanic), making up 56.1% of the population. Black or African American residents account for 29.0%.

Education

41.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Lafayette in the top 10% of all cities in the state for educational attainment. This is 52% higher than the state rate of 27.0%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All demographic data for Lafayette, Louisiana 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 Louisiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 488 Census-designated places in Louisiana. 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, Louisiana?

Lafayette, Louisiana has a population of 121,715 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lafayette, LA?

The median household income in Lafayette is $61,915, which is 23% lower than the national median of $80,734.

What is the poverty rate in Lafayette, LA?

The poverty rate in Lafayette is 18.3%. This means approximately 21,882 residents live below the federal poverty line.

What is the racial makeup of Lafayette, Louisiana?

Lafayette's population is 56.1% White, 29.0% Black, 8.1% Hispanic/Latino, and 2.2% Asian.

What is the median home value in Lafayette, LA?

The median home value in Lafayette is $257,000. The home-value-to-income ratio is 4.2x.

How educated is Lafayette, Louisiana?

41.1% of adults (25+) in Lafayette hold a bachelor's degree or higher, and 13.9% hold a graduate or professional degree.