Moving to Lafayette-West Lafayette
What you need to know before relocating to Lafayette-West Lafayette, Indiana. Data-driven insights on housing, jobs, safety, and quality of life.
Is Lafayette-West Lafayette a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Lafayette-West Lafayette compares favorably on multiple dimensions. Highlights include rent ($1,100/mo) is below the national average; home prices ($235,300) are well below the us median; low unemployment rate (2.9%) signals a strong job market.
Lafayette-West Lafayette at a Glance
Cost of Living in Lafayette-West Lafayette
The median rent in Lafayette-West Lafayette is $1,100/month, while the median home value is $235,300. With a median household income of $61,349, residents spend roughly 22% of monthly income on rent.
Overall, the Lafayette-West Lafayette metro area is classified as affordable compared to other US metros.
Job Market
Lafayette-West Lafayette has a median household income of $61,349, which is 18% below the national median. The local unemployment rate is 2.9%, compared to the national average of 3.7%.
Safety in Lafayette-West Lafayette
The violent crime rate in Lafayette-West Lafayette is 332 per 100,000 residents, which is 13% below the national average of 380.
Property crime rate: 1543 per 100,000 residents.
Education in Indiana
Indiana has a high school graduation rate of 91% and per-pupil spending of $14,162/year. The student-to-teacher ratio is 16:1.
33% of Indiana adults hold a bachelor's degree or higher.
Healthcare Access
Indiana has 248 physicians per 100,000 residents, a 8.1% uninsured rate, and 2.9 hospital beds per 1,000 people. Life expectancy in Indiana is 75.8 years.
Pros and Cons of Living in Lafayette-West Lafayette
+Pros
- ✓Rent ($1,100/mo) is below the national average
- ✓Home prices ($235,300) are well below the US median
- ✓Low unemployment rate (2.9%) signals a strong job market
- ✓High school graduation rate of 91%
-Cons
- ✗Median household income ($61,349) trails the national median
- ✗Longer-than-average commute (102431 min)
Frequently Asked Questions
Is Lafayette-West Lafayette a good place to live?⌄
Lafayette-West Lafayette, Indiana has several attributes that make it an attractive place to live, including rent ($1,100/mo) is below the national average and home prices ($235,300) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Lafayette-West Lafayette?⌄
The median rent in Lafayette-West Lafayette is $1,100/month and the median home value is $235,300. The median household income is $61,349. Overall the metro is considered affordable.
Is Lafayette-West Lafayette safe?⌄
Lafayette-West Lafayette has a violent crime rate of 332 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Lafayette-West Lafayette?⌄
Lafayette-West Lafayette has an unemployment rate of 2.9%, compared to the national average of 3.7%. The median household income is $61,349.