LaFayette, KY
Population 176 · Kentucky
About LaFayette, KY
LaFayette is a small community in Kentucky with a population of 176 residents. The median household income is $50,833 per year, which is near the national average. The median age in LaFayette is 40.5 years.
Housing in LaFayette has a median home value of $108,300 and median monthly rent of $950. Of the 96 total housing units, the majority are owner-occupied, with 72 owner-occupied and 16 renter-occupied units.
The unemployment rate in LaFayette is 0.0% and the poverty rate is 7.4%. 11.5% of residents hold a bachelor's degree or higher. The average commute time is 26.2 minutes.
Cost of Living in LaFayette, KY
Compared to national averages, LaFayette has a median household income of $50,833 (32% below the national median of $75,149). Home values average $108,300, which is 56% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Kentucky, LaFayette's income is 23% below the state average of $66,273, and home values are 41% below the state median of $182,504.
Why Live in LaFayette, KY?
LaFayette offers affordable housing with a median home value of $108,300, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Potential considerations include median household income ($50,833) 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 176 with a median age of 40.5 years. Compare LaFayette with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near LaFayette
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beech Grove | 180 | $145,121 | $137,500 | Compare |
| South Carrollton | 180 | $40,192 | $115,200 | Compare |
| Slaughters | 171 | $47,500 | $57,500 | Compare |
| Berry | 184 | $66,000 | $98,100 | Compare |
| Fairfield | 187 | $88,073 | $0 | Compare |
| Smithfield | 164 | $49,688 | $165,000 | Compare |
| Manitou | 163 | $108,802 | $134,500 | Compare |
| Poole | 163 | $0 | $180,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about LaFayette
What is the population of LaFayette, KY?
The population of LaFayette, KY is 176 according to the latest Census data.
What is the median household income in LaFayette?
The median household income in LaFayette, KY is $50,833 per year.
What is the median home value in LaFayette?
The median home value in LaFayette, KY is $108,300.
What is the average rent in LaFayette?
The median monthly rent in LaFayette, KY is $950.
What is the unemployment rate in LaFayette?
The unemployment rate in LaFayette, KY is 0.0%.