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Apartments For Rent in Lafayette, LA

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Apartments for Rent in Lafayette, LA

Lafayette, a medium-sized city in Louisiana, has a population of approximately 128,000. The city's population, at an average age of just over 37, ranks around the middle compared to other cities in the state, which has an average age of 38. Renters tend to be in the minority in the city, and 55% of residents own their homes. At $916 a month, the average rent is roughly equal to the state average.

There are three primary industries in Lafayette: retail, healthcare, and entertainment. Together, these industries account for 22% of the city's labor force. Meanwhile, in terms of job function, 8% of residents work in sales, which ranks as the top career path in the city. With an average annual income of just over $67,000, Lafayette workers earn about $7,000 more than their peers elsewhere in the state. Lafayette, however, compares less favorably to the national average ($73,345). Compared to the state average, Lafayette has a relatively large percentage of residents over the age of 25 who have advanced degrees, as 6% have earned a Master's degree or a Doctoral degree. Further, 16% possess a Bachelor's degree.

With an average commute time of about 23 minutes, quicker than most cities in Louisiana, Lafayette residents know that it isn't overly time-consuming to travel to work. Many residents (46%) commute to work by car or truck, while public transit is not widely used. Few residents walk to work.