A town in California, Lafayette has approximately 26,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (18%) here than they do nationally (14%), while young adults feature less prominently in the demographics. Most Lafayette residents own their homes, and 27% of residents rent. Relatively high rent costs could play a role, as the average rent of $1,780 a month is higher than the state average.
With an average commute time of about 34 minutes, slower than most cities in California, Lafayette residents are well aware that getting to work takes some patience. Driving a vehicle is the typical mode of getting to work, selected by 30% of residents, while public transit is used by just 9% of the population. Walking isn't a common way to get to work.
Lafayette has a high percentage of residents older than 25 with advanced degrees compared to the national average (7%), as 16% possess a Master's or a Doctoral degree. Furthermore, 27% possess a Bachelor's degree, which also outpaces the national average. There are three primary industries in Lafayette: scientific, healthcare, and education. Combined, these industries make up 21% of the city's labor force. Meanwhile, looking at job function, 13% of the city's population works in management, which ranks as the top career path in the city. Lafayette workers earn an average annual income of just under $144,000, more than the average California resident. The city's average income also compares favorably to the national average ($73,345).
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