Zip Code

70508

City

Lafayette, LA

Population & Migration

What is the forecasted population for Zip code 70508 Lafayette, LA?

Population census 2020
38,704
Forecasted population 2025
41,825
8.1% vs. 2020
Forecasted population 2030
44,218
14.2% vs. 2020

Zip code 70508 Lafayette, LA population is forecasted to grow 8.1% by 2025 (3.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 41,825 people for 2025 zip code 70508 Lafayette, LA will generate a good demand for housing, which is expected to have a deficit of 2,800 houses for 2030. Vacancy rate is 1.4 points above national US average.

Total homes available 2020
18,162
Estimated total home demand in 2030
20,962
Total homes balance inventory
2,800

Average Household Income in zip code 70508 Lafayette, LA
from Internal Revenue Service

Average household income in 2021
$106,601

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 70508 Lafayette, LA?

County total number of drinking water violations

197

-2%

200

County total number of drinking water contaminations

7

-67%

21

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