Lafayette, LA — Demographics & Statistics
ZIP code 70501 serves a portion of Lafayette, Louisiana, within Lafayette Parish. This community is home to approximately 24,648 residents, with a median age of 29.3 years. The median household income of $42,302 sits below the national median of $67,521, while median home values of $203,049 are below the national average of $301,500. The area has a renter-majority housing profile, with 25% owner-occupied and 75% renter-occupied units. Cost of living in this part of Lafayette is lower than the national baseline, with an index of 88 (100 = national average). With a college-education rate of 53% and an unemployment rate of 9.5%, 70501 reflects the economic character of Lafayette Parish in Louisiana.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 24,648 | — |
| Population | Density (per sq mi) | 264 | — |
| Economics | Median Household Income | $42,302 | ↓ 37% vs nat'l avg |
| Economics | Median Home Value | $203,049 | ↓ 33% vs nat'l avg |
| Economics | Cost of Living Index | 88 | ↓ Lower than avg |
| Economics | Unemployment Rate | 9.5% | ↑ 144% vs nat'l avg |
| Economics | Below Poverty Line | 10.4% | ↓ 9% vs nat'l avg |
| Education | College Educated (25+) | 53% | ↑ 51% vs nat'l avg |
| Demographics | Median Age | 29.3 yrs | ↓ 24% vs nat'l avg |
| Housing | Owner-Occupied | 25% | — |
| Housing | Renter-Occupied | 75% | — |
| Housing | Total Housing Units | 11,584 | — |