1031 Exchange Lafayette, Indiana

 

Surrounding metropolitan Area

Lafayette, Indiana is a part of the Lafayette-West Lafayette, IN metropolitan area, and contains 6 zip codes: 47904, 47902, 47905, 47909, 47903, and 47901.

Lafayette Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Lafayette, IN metropolitan area was $898, which is 18.78% lower than 2014 average rent. This represents a compounded annual growth rate of 3.50%. 2019 vacancy in Lafayette, IN was 3.10%.

The total population of the city of Lafayette, IN has grown 7.49% since 2010. As of 2018, the population was 72,168. The median household income of the Lafayette was $45,639, which is 24.30% lower than the national average.

  • metropolitan area Lafayette-West Lafayette, IN
  • avg rent $898
  • rent growth 18.78%
  • vacancy 3.10%
  • median income $45,639
  • population (2018) 72,168
  • population growth 7.49%
  • vs. nat'l avg 24.30%
  • zip codes 47901 47902 47903 47904 47905 47909

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