IncomeBy County

Lafayette County, Florida

Income Data

U.S. Census Bureau ACS
-7% vs. Florida average
$60,692
Median Household Income
$22,165
Per Capita Income

At a Glance

Median Household Income
$60,692
-7% vs. state avg
Per Capita Income
$22,165
-44% vs. national
Income-to-Housing Ratio
46.1%
income as % of home value
Rank in Florida
#42 / 67
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Lafayette County Compares

Lafayette County$60,692
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$60,692
Median Household Income
$22,165
Per Capita Income
$131,600
Median Home Value
46.1%
Income-to-Housing Ratio

Income Advisory: Lafayette County

Income Verdict

Lafayette County has a median household income of $60,692 and per capita income of $22,165 — a gap of $38,527, indicating a strong family-earning economy with multiple earners per household.

Housing Affordability

With median gross rent at $880/month and a median household income of $60,692, rent consumes approximately 17.4% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $60,692, residents of Lafayette County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $22,165 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Lafayette County earns approximately 7.3% below the Florida state median household income of $65,468.

Data Story

About Household Income in Lafayette County, Florida

Lafayette trails national income average

Lafayette County's median household income of $60,692 falls about 19% below the U.S. median of $74,755. This gap reflects the county's rural character and smaller employment base compared to national benchmarks.

Below Florida's median income

At $60,692, Lafayette's median household income ranks below Florida's state average of $65,468. The county's per capita income of $22,165 also trails the state average of $35,698 by a significant margin.

Lowest income in the region

Lafayette's $60,692 median income places it among the lowest in north-central Florida, well below neighboring counties like Leon ($65,074) and Lake ($69,956). The county's rural economy creates fewer high-wage employment opportunities than surrounding areas.

Rent remains manageable here

With a rent-to-income ratio of 17.4%, Lafayette residents spend a healthy portion of earnings on housing—well below the 30% affordability threshold. The median home value of $131,600 remains accessible for households earning the county median.

Build financial resilience in Lafayette

Even with modest household incomes, Lafayette residents can strengthen their financial position through consistent saving and investment. Starting with emergency funds and exploring tax-advantaged retirement accounts helps compound wealth over time.

Frequently Asked Questions

What is the median household income in Lafayette County, Florida?
The median household income in Lafayette County, Florida is $60,692, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Lafayette County?
The per capita income in Lafayette County is $22,165, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $60,692.
How does Lafayette County compare to the Florida average?
Lafayette County's median household income of $60,692 is lower than the Florida state average of $65,468. The per capita income is $22,165, compared to the state average of $35,698.
What is the per capita income in Lafayette County, Florida?
The per capita income in Lafayette County, Florida is $22,165, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Lafayette County a low-income area in Florida?
Lafayette County's median household income of $60,692 is below the Florida average of $65,468. The per capita income of $22,165 is also lower than the state average of $35,698. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Lafayette County rank for income in Florida?
Lafayette County ranks #42 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $60,692 and per capita income of $22,165, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Lafayette County

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1.00x

Your income is above the Lafayette County median

County median: $60,692 per year

vs. County Median

+0%

vs. State Average

-7%

vs. National Median

-19%

vs. Lafayette County MedianAbout equal
vs. Florida Average▼ 7% below
vs. National Median▼ 19% below

Income Adequacy

Monthly income covers median rent5.7x

Your monthly income ($5,058) vs. median rent ($880/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

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$60,673
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Clarion County
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$60,668
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$60,665
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Des Moines County
Iowa
$60,662
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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