The median home value in Lafayette, TN is $214,200. This is higher than the county median home value of $210,900. The national median home value is $338,100. The average price of homes sold in Lafayette, TN is $214,200. Approximately 51.56% of Lafayette homes are owned, compared to 41.48% rented, while 6.96% are vacant. Lafayette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lafayette real estate agent to arrange a tour today!
Learn More About Lafayette Real EstateLafayette has a population of approximately 5,458 and experiences a population change rate of 40.49%. The population density is 1,044 / sq mi.
The median household income for Lafayette is $35,580, with 2,086 households and an average household size of 2.49.
The cost of living index in Lafayette is 92.7%.
The median value of a home in Lafayette is $214,200 with an appreciation rate of 25.0%. 51.6% of housing in the city is owned while 41.5% is rented.
The unemployment rate in Lafayette is 2.50%, and recent job growth is at 0.81%. Future job growth is projected at 44.23%.
The sales tax rate in Lafayette is 9.75%, while the income tax rate is 0.00%.
School expenditures in Lafayette are $9,320, and the school ratio is 16.9:1.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 52.6 inches per year, with 7.1 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 77.12 | 79.81 |
College Degree - 2 year | 11.43 | 6.09 |
College Degree - 4 year | 5.18 | 8.95 |
Graduate Degree | 1.48 | 1.87 |
Expenditures per Student | $9,320 | $9,320 |
Students per Teacher | 16.90 | 16.90 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Bethpage Elementary School | KG - 05 | 282 | 11.8 | 37022 |
Central Elementary School | 02 - 03 | 395 | 14.2 | 37083 |
Fairlane Elementary School | PK - 01 | 472 | 16.3 | 37083 |
Hermitage Springs Elementary School | PK - 08 | 206 | 13.4 | 37150 |
North Sumner Elementary School | PK - 05 | 235 | 13.1 | 37022 |
Red Boiling Springs Elementary School | PK - 06 | 327 | 14.9 | 37150 |
Trousdale County Elementary School | PK - 08 | 570 | 12.8 | 37074 |
Westmoreland Elementary School | PK - 05 | 489 | 14.4 | 37186 |
Westside Elementary School | PK - 05 | 314 | 14.3 | 37186 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Jim Satterfield Middle School | 06 - 08 | 272 | 15.1 | 37074 |
Lafayette Elementary School | 04 - 05 | 386 | 16.1 | 37083 |
Macon County Junior High School | 06 - 08 | 665 | 15.5 | 37083 |
Westmoreland Middle School | 06 - 08 | 405 | 14 | 37186 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Macon County High School | 09 - 12 | 926 | 19.1 | 37083 |
Trousdale County High School | 08 - 12 | 383 | 14.7 | 37074 |
Westmoreland High School | 09 - 12 | 515 | 12 | 37186 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Red Boiling Springs School | 06 - 12 | 363 | 13 | 37150 |