Also See Lafayette, VA: ZIP Codes & Maps
The Lafayette CDP(1) had a population of 442 as of July 1, 2023.
The primary coordinate point for Lafayette is located at latitude 37.2362 and longitude -80.2114 in Montgomery County. The formal boundaries for the Lafayette Census Designated Place encompass a land area of 0.64 sq. miles and a water area of 0.03 sq. miles.
The Lafayette Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
POPULATION | |
---|---|
Total Population | 442 (100%) |
Population in Households | 442 (100.0%) |
Population in Families | 349 (79.0%) |
Population in Group Quarters1 | 0 |
Population Density | 693 |
Diversity Index2 | 49 |
INCOME | |
Median Household Income | $54,991 |
Average Household Income | $111,112 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $47,261 |
Wealth Index5 | 131 |
Socioeconomic Status Index6 | Low (41.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 209 (100%) |
Owner Occupied HU | 167 (79.9%) |
Renter Occupied HU | 21 (10.0%) |
Vacant Housing Units | 21 (10.0%) |
Median Home Value | $152,419 |
Average Home Value | $305,838 |
Housing Affordability Index3 | 146 |
HOUSEHOLDS | |
Total Households | 188 |
Average Household Size | 2.35 |
Family Households | 118 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.92% | 0.09% |
Households | 0.66% | 0.11% |
Families | 0.17% | |
Median Household Income | 1.75% | |
Per Capita Income | 5.26% | |
Owner Occupied HU | 0.59% |
The table below compares Lafayette to the other 672 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 485 | 28th |
Population Density | # 327 | 51st |
Median Household Income | # 407 | 40th |
Housing Affordability Index | # 577 | 86th |
Per Capita Income | # 184 | 73rd |
Diversity Index | # 348 | 48th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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