Lafayette, IN β Demographics & Statistics
ZIP code 47901 serves a portion of Lafayette, Indiana, within Tippecanoe County. This community is home to approximately 29,953 residents, with a median age of 29.8 years. The median household income of $62,279 sits below the national median of $67,521, while median home values of $379,901 are above the national average of $301,500. The area has a owner-majority housing profile, with 65% owner-occupied and 35% renter-occupied units. Cost of living in this part of Lafayette is higher than the national baseline, with an index of 105 (100 = national average). With a college-education rate of 58% and an unemployment rate of 8.4%, 47901 reflects the economic character of Tippecanoe County in Indiana.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 29,953 | β |
| Population | Density (per sq mi) | 11,569 | β |
| Economics | Median Household Income | $62,279 | β 8% vs nat'l avg |
| Economics | Median Home Value | $379,901 | β 26% vs nat'l avg |
| Economics | Cost of Living Index | 105 | β Higher than avg |
| Economics | Unemployment Rate | 8.4% | β 115% vs nat'l avg |
| Economics | Below Poverty Line | 22.9% | β 101% vs nat'l avg |
| Education | College Educated (25+) | 58% | β 66% vs nat'l avg |
| Demographics | Median Age | 29.8 yrs | β 22% vs nat'l avg |
| Housing | Owner-Occupied | 65% | β |
| Housing | Renter-Occupied | 35% | β |
| Housing | Total Housing Units | 11,981 | β |