Lafayette Parish, Louisiana
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Lafayette Parish Compares
Detailed Income Statistics
Income Advisory: Lafayette Parish
Income Verdict
Lafayette Parish has a median household income of $67,660 and per capita income of $39,092 — a gap of $28,568, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,022/month and a median household income of $67,660, rent consumes approximately 18.1% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $67,660 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $39,092 is in line with national norms for individual earners.
Neighbor Context
Lafayette Parish earns approximately 22.5% above the Louisiana state median household income of $55,250, positioning it favorably within the state.
Data Story
About Household Income in Lafayette Parish, Louisiana
Lafayette Parish beats state average
Lafayette Parish households earn $67,660 annually, 10% below the national median of $74,755. The parish stands among Louisiana's strongest-earning communities and represents the state's economic growth engine.
Top-earning Louisiana parish
Lafayette Parish median household income of $67,660 exceeds Louisiana's state average by $12,410. The parish ranks at the very top of all Louisiana counties for household earnings.
Regional economic leader
Lafayette Parish at $67,660 edges Jefferson Parish ($65,246) and substantially outperforms Jackson Parish ($43,345) by $24,315. The parish drives regional prosperity through energy sector employment and diversified industry.
Housing affordable for median families
Lafayette Parish residents allocate 18.1% of household income to rent, well within the 30% affordability threshold. The median home value of $234,200 remains accessible to the median household earning $67,660.
Build generational wealth intentionally
Lafayette Parish households earning $67,660 can aggressively pursue wealth-building through diversified investments, real estate beyond primary residence, and college savings plans. Saving 20% annually ($13,532) compounds into significant wealth and creates pathways for economic advancement.
Frequently Asked Questions
What is the median household income in Lafayette Parish, Louisiana?
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How does Lafayette Parish compare to the Louisiana average?
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How does Lafayette Parish rank for income in Louisiana?
Income Comparison Calculator
See how your household income compares in Lafayette Parish
Your income is above the Lafayette Parish median
County median: $67,660 per year
vs. County Median
+0%
vs. State Average
+22%
vs. National Median
-9%
Income Adequacy
Your monthly income ($5,638) vs. median rent ($1,022/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.