Zip Code

70506

City

Lafayette, LA

Population & Migration

What is the forecasted population for Zip code 70506 Lafayette, LA?

Population census 2020
41,212
Forecasted population 2025
42,498
3.1% vs. 2020
Forecasted population 2030
44,748
8.6% vs. 2020

Zip code 70506 Lafayette, LA population is forecasted to decrease 3.1% by 2025 (-1.6 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 42,498 people for 2025 zip code 70506 Lafayette, LA will generate a good demand for housing, which is expected to have a deficit of 1,667 houses for 2030. Vacancy rate is 2.3 points below national US average.

Total homes available 2020
19,435
Estimated total home demand in 2030
21,102
Total homes balance inventory
1,667

Average Household Income in zip code 70506 Lafayette, LA
from Internal Revenue Service

Average household income in 2021
$66,930

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 70506 Lafayette, LA?

County total number of drinking water violations

217

-7%

234

County total number of drinking water contaminations

7

-70%

23

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