Lafe, AR
Population 433 · Arkansas
About Lafe, AR
Lafe is a small community located in Arkansas with a population of 433 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,771 per year, which is 51% below the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lafe features a median home value of $73,800, which is 70% below the national median of $244,900. This makes Lafe one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $640, 45% below the national average of $1,163/month. Of the 171 total housing units, 84% are owner-occupied (132 units) and 16% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lafe shows an unemployment rate of 8.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 39.5%, above the national average of 12.4%. Workers in Lafe have an average one-way commute time of 23.7 minutes.
Education & Demographics
7.4% of Lafe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lafe, AR
Compared to national averages, Lafe has a median household income of $36,771 (51% below the national median of $75,149). Home values average $73,800, which is 70% below the national median. Monthly rent at $640 is 45% below the US average of $1,163. Within Arkansas, Lafe's income is 30% below the state average of $52,241, and home values are 41% below the state median of $125,457.
Why Live in Lafe, AR?
Lafe offers affordable housing with a median home value of $73,800, below the US average of $244,900, and rent that’s lower than the national average at $640/month, and short commute times averaging just 23.7 minutes.
Potential considerations include median household income ($36,771) that falls below the national average. However, Lafe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lafe has a population of 433 with a median age of 37.8 years. Compare Lafe with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Lafe
Cities in Arkansas with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lafe With Other Cities
Frequently Asked Questions about Lafe
What is the population of Lafe, AR?
The population of Lafe, AR is 433 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Lafe?
The median household income in Lafe, AR is $36,771 per year, which is 51% below the national median of $75,149.
What is the median home value in Lafe?
The median home value in Lafe, AR is $73,800, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lafe?
The median monthly rent in Lafe, AR is $640, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Lafe?
The unemployment rate in Lafe, AR is 8.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lafe, AR a good place to live?
Lafe offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 433 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Lafe, AR?
7.4% of residents in Lafe aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lafe?
Key cost-of-living indicators for Lafe, AR: median home value is $73,800 (70% below national), median rent is $640/month, and median household income is $36,771. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lafe?
The poverty rate in Lafe, AR is 39.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lafe, AR?
Lafe's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.