Lafayette, TN
Population 5,643 · Tennessee
About Lafayette, TN
Lafayette is a small community in Tennessee with a population of 5,643 residents. The median household income is $44,924 per year, which is below the national average. The median age in Lafayette is 32.6 years.
Housing in Lafayette has a median home value of $189,800 and median monthly rent of $847. Of the 2,348 total housing units, renting is more common than owning, with 1,005 owner-occupied and 1,042 renter-occupied units.
The unemployment rate in Lafayette is 4.6% and the poverty rate is 17.6%. 12.5% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
Cost of Living in Lafayette, TN
Compared to national averages, Lafayette has a median household income of $44,924 (40% below the national median of $75,149). Home values average $189,800, which is 22% below the national median. Monthly rent at $847 is 27% below the US average of $1,163. Within Tennessee, Lafayette's income is 29% below the state average of $62,849, and home values are 11% below the state median of $214,371.
Why Live in Lafayette, TN?
Lafayette offers affordable housing with a median home value of $189,800, below the US average of $244,900, and rent that’s lower than the national average at $847/month, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($44,924) 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 5,643 with a median age of 32.6 years. Compare Lafayette with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Lafayette
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| McKenzie | 5,706 | $35,988 | $140,200 | Compare |
| Dunlap | 5,546 | $38,666 | $148,300 | Compare |
| Rockwood | 5,510 | $37,867 | $132,100 | Compare |
| Mount Carmel | 5,504 | $71,336 | $179,700 | Compare |
| Eagleton Village | 5,849 | $67,596 | $169,700 | Compare |
| Millersville | 5,885 | $70,411 | $280,800 | Compare |
| Ashland City | 5,318 | $73,921 | $259,900 | Compare |
| Erwin | 6,001 | $45,422 | $165,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
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, TN?
The population of Lafayette, TN is 5,643 according to the latest Census data.
What is the median household income in Lafayette?
The median household income in Lafayette, TN is $44,924 per year.
What is the median home value in Lafayette?
The median home value in Lafayette, TN is $189,800.
What is the average rent in Lafayette?
The median monthly rent in Lafayette, TN is $847.
What is the unemployment rate in Lafayette?
The unemployment rate in Lafayette, TN is 4.6%.