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Lafayette Apartment Features
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Apartments Near Lafayette
For SaleLafayette, CO Homes for Sale
Living In Lafayette, CO
The town of Lafayette, Colorado is home to just under 28,000 people. The city's population, at an average age of just under 40, is a bit older than other cities in Colorado, which has an average age of 37. The majority of residents own their homes in Lafayette, and 30% of residents rent. With an average rent of $1,317/month, exceeding the state average by $126 per month, relatively high rent costs may play a role in the higher levels of ownership.
Lafayette residents have an average commute of about 27 minutes. Driving a vehicle is the most common way to get to work, chosen by 44% of workers, while public transportation isn't used much. Few residents commute to work on foot.
Compared to the national average (7%), Lafayette has a large percentage of residents over the age of 25 who have advanced degrees, as 14% have earned a Master's degree or a Doctorate. Further, 23% possess a Bachelor's degree, which also outpaces the national average. Lafayette residents have a wide range of industries from which to choose, the most common four of which are healthcare, retail, scientific, and entertainment. Together, these industries make up 30% of the workforce in the city. Meanwhile, in terms of job function, 9% of residents work in management, making it the top career path in the city. Lafayette workers earn an average annual income of about $91,000, about $11,000 more than the average Colorado resident. Lafayette's average income also compares favorably to the national average of $73,345.
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