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The total population of Lafayette is estimated to be 70,828 with 34,902 males (49.28%) and 35,926 females (50.72%). There are 1,024 more females than males in Lafayette.
The median household income in Lafayette was $51,549 in 2021, which marked an a decrease of 1,624(3.05%) from $53,173 in 2020. This income is 69.09% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lafayette sees its highest median household income among householders in the age group of 45 to 64 years old, at $63,587. Overall, the median household income for the city of Lafayette stands at $51,439.
In Lafayette, the median income for all workers aged 15 years and older, regardless of work hours, was $41,025 for males and $27,495 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,284 for males and $39,755 for females.
In Lafayette, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $81,674, while American Indian and Alaska Native households represent the opposite end with the lowest median household income of $11,138.
In 2022, the population of Lafayette was 71,402, a 0.71% increase year-by-year from 2021. Previously, in 2021, Lafayette's population was 70,902, an increase of 0.23% compared to a population of 70,738 in 2020.
The median age in Lafayette, IN is 32.5, as per 2021 ACS 5-Year Estimates. Of the total population, 20.27% were under the age of 15, 25.86% aged 15 to 29, 40.70% aged 30 to 64, 11.68% aged 65 to 84, and 1.49% were 85 years of age and older.
Racial distribution of Lafayette population: 81.19% are White, 8.97% are Black or African American, 0.09% are American Indian and Alaska Native, 1.81% are Asian, 4.20% are some other race and 3.74% are multiracial.