Lafayette, VA
Population 528 · Virginia
About Lafayette, VA
Lafayette is a small community in Virginia with a population of 528 residents. The median household income is $32,210 per year, which is below the national average. The median age in Lafayette is 42.3 years.
Housing in Lafayette has a median home value of $0 and median monthly rent of $0. Of the 257 total housing units, the majority are owner-occupied, with 203 owner-occupied and 24 renter-occupied units.
The unemployment rate in Lafayette is 60.5% and the poverty rate is 31.4%. 16.1% of residents hold a bachelor's degree or higher. The average commute time is 27.3 minutes.
Cost of Living in Lafayette, VA
Compared to national averages, Lafayette has a median household income of $32,210 (57% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Lafayette's income is 63% below the state average of $87,957, and home values are 100% below the state median of $327,514.
Why Live in Lafayette, VA?
Lafayette offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($32,210) 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 528 with a median age of 42.3 years. Compare Lafayette with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Lafayette
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Seven Mile Ford | 528 | $27,716 | $152,700 | Compare |
| Keezletown | 529 | $61,250 | $336,900 | Compare |
| Bland | 526 | $68,333 | $156,500 | Compare |
| La Crosse | 530 | $35,938 | $105,000 | Compare |
| Mount Crawford | 531 | $97,583 | $274,000 | Compare |
| Unionville | 534 | $0 | $228,800 | Compare |
| Haysi | 537 | $28,750 | $80,000 | Compare |
| The University of Virginia's College at Wise | 538 | $0 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
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, VA?
The population of Lafayette, VA is 528 according to the latest Census data.
What is the median household income in Lafayette?
The median household income in Lafayette, VA is $32,210 per year.
What is the median home value in Lafayette?
The median home value in Lafayette, VA is $0.
What is the average rent in Lafayette?
The median monthly rent in Lafayette, VA is $0.
What is the unemployment rate in Lafayette?
The unemployment rate in Lafayette, VA is 60.5%.