Lafayette, AL Profile: Facts & Data

The City of La Fayette had a population of 2,944 as of July 1, 2020. Lafayette ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Lafayette is located at latitude 32.8998 and longitude -85.4011 in Chambers County. The formal boundaries for the City of La Fayette encompass a land area of 8.86 sq. miles and a water area of 0.03 sq. miles. Chambers County is in the Central time zone (GMT -6). The elevation is 843 feet.

The City of La Fayette (GNIS ID: 2404846) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of La Fayette is located within La Fayette Division of Chambers County.

Alternate Unofficial Names for Lafayette: Chambersville, La Fayette, LayFayette.

Lafayette, AL Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,944 (100%)
Population in Households	2,722 (92.5%)
Population in Families	2,208 (75.0%)
Population in Group Quarters¹	222 ( 7.5%)
Population Density	332
Diversity Index²	53


INCOME
Median Household Income	$36,109
Average Household Income	$48,034
% of Income for Mortgage⁴	10%
Per Capita Income	$18,713
Wealth Index⁵	38

HOUSING
Total HU (Housing Units)	1,322 (100%)
Owner Occupied HU	678 (51.3%)
Renter Occupied HU	441 (33.4%)
Vacant Housing Units	203 (15.4%)
Median Home Value	$84,325
Average Home Value	$105,625
Housing Affordability Index³	273

HOUSEHOLDS
Total Households	1,119
Average Household Size	2.43
Family Households	740
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Lafayette, AL - Peer Comparisons by Rank and Percentile

The table below compares Lafayette to the other 586 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.19%	-0.2%
Households	-0.09%	-0.14%
Families	-0.12%	-0.33%
Median Household Income		0.78%
Per Capita Income		1.6%
Owner Occupied HU		-0.45%

Variable Description	Rank	Percentile
Total Population	# 166	72nd
Population Density	# 216	63rd
Median Household Income	# 413	30th
Housing Affordability Index	# 430	73rd
Per Capita Income	# 479	18th
Diversity Index	# 92	85th

Lafayette, AL Profile: Facts & Data

Lafayette, Alabama - Basic Facts

Lafayette, AL Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lafayette, AL - Peer Comparisons by Rank and Percentile

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