LaFayette, GA
Population 6,944 · Georgia
About LaFayette, GA
LaFayette is a small town located in Georgia with a population of 6,944 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,820 per year, which is 47% below the national median of $75,149. The median age of 43.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in LaFayette features a median home value of $135,100, which is 45% below the national median of $244,900. This makes LaFayette one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $812, 30% below the national average of $1,163/month. Of the 3,228 total housing units, 52% are owner-occupied (1,547 units) and 48% are renter-occupied (1,425 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in LaFayette shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.1%, above the national average of 12.4%. Workers in LaFayette have an average one-way commute time of 26.4 minutes.
Education & Demographics
9.8% of LaFayette 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 1.3% White, 1.8% Hispanic or Latino, 1.9% Black or African American, and 0.3% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in LaFayette, GA
Compared to national averages, LaFayette has a median household income of $39,820 (47% below the national median of $75,149). Home values average $135,100, which is 45% below the national median. Monthly rent at $812 is 30% below the US average of $1,163. Within Georgia, LaFayette's income is 35% below the state average of $60,815, and home values are 31% below the state median of $194,684.
Why Live in LaFayette, GA?
LaFayette offers affordable housing with a median home value of $135,100, below the US average of $244,900, and rent that’s lower than the national average at $812/month, and a strong job market with an unemployment rate of just 2.6%.
Potential considerations include median household income ($39,820) that falls below the national average. However, LaFayette’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
LaFayette has a population of 6,944 with a median age of 43.2 years. Compare LaFayette with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near LaFayette
Cities in Georgia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Whitemarsh Island | 6,918 | $113,250 | $360,400 | Compare |
| Thomson | 6,824 | $43,376 | $135,500 | Compare |
| Dacula | 7,135 | $74,900 | $336,500 | Compare |
| Dahlonega | 7,194 | $74,500 | $409,100 | Compare |
| Stone Mountain | 6,639 | $49,661 | $190,700 | Compare |
| Hapeville | 6,590 | $63,673 | $283,600 | Compare |
| Bremen | 7,364 | $86,014 | $264,000 | Compare |
| Morrow | 6,519 | $61,215 | $221,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare LaFayette With Other Cities
Frequently Asked Questions about LaFayette
What is the population of LaFayette, GA?
The population of LaFayette, GA is 6,944 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Georgia.
What is the median household income in LaFayette?
The median household income in LaFayette, GA is $39,820 per year, which is 47% below the national median of $75,149.
What is the median home value in LaFayette?
The median home value in LaFayette, GA is $135,100, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in LaFayette?
The median monthly rent in LaFayette, GA is $812, which is 30% below the national average of $1,163/month.
What is the unemployment rate in LaFayette?
The unemployment rate in LaFayette, GA is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is LaFayette, GA a good place to live?
LaFayette offers a moderate cost of living, affordable housing, and a strong job market. With a population of 6,944 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is LaFayette, GA?
9.8% of residents in LaFayette 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 LaFayette?
Key cost-of-living indicators for LaFayette, GA: median home value is $135,100 (45% below national), median rent is $812/month, and median household income is $39,820. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in LaFayette?
The poverty rate in LaFayette, GA is 18.1%, 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 LaFayette, GA?
LaFayette's population is 1.3% White, 1.8% Hispanic or Latino, 1.9% Black or African American, 0.3% Asian, and 5.3% two or more races. 3.8% of residents are foreign-born.