Lafayette County, Florida
Income Data
At a Glance
How Lafayette County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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Your income is above the Lafayette County median
County median: $60,692 per year
vs. County Median
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vs. State Average
-7%
vs. National Median
-19%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.