Real Estate Prices and Overview
Median real estate prices in the City Center of Lafayette are $104,584, which is more expensive than 41.6% of the neighborhoods
in Louisiana and 26.3% of the
neighborhoods in the U.S.
Average rental prices in Lafayette City Center are currently
$473, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 73.8% of Louisiana neighborhoods.
Lafayette City Center is a suburban neighborhood (based on population
density) located in Lafayette, Louisiana.
Real estate in the City Center of Lafayette, LA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 8.3% in Lafayette
City Center. NeighborhoodScout analysis shows that this rate is lower
than 55.6% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Lafayette City Center neighborhood has more
French and French Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 17.5% of
this neighborhood's residents have French ancestry and 3.7% have French Canadian ancestry.
Lafayette City Center is also pretty special linguistically. Significantly, 8.8% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: People
An interesting characteristic about the Lafayette City Center neighborhood
is that there are more incarcerated people living here than 99.3%
of neighborhoods in the U.S. The United States has the highest rate of
incarceration in the world, currently with 1 out of every 100 adults in the
country are incarcerated as a punishment for crimes committed. The extremely
high incarceration rate of this neighborhood could mean that a prison, juvenile
detention facility or other correctional facility occupies a large proportion
of the neighborhood, or contains a large portion of the neighborhood's population.
Notable & Unique: Modes of Transportation
More people in Lafayette City Center choose to walk to work each day
(22.0%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Also, would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Lafayette City Center neighborhood is a fantastic
option for bicycle commuters, as 3.5% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 95.8% of the neighborhoods in America.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the Lafayette City Center neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 95.6% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
The Neighbors: Income
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Lafayette are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 69.6% of U.S. neighborhoods.
With 20.9% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 59.9%
of U.S. neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Lafayette City Center neighborhood, 34.4%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
executive, management, and professional occupations, with 31.6% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(19.8%), and 14.2% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the City Center neighborhood in Lafayette, LA, residents
most commonly identify their ethnicity or ancestry as French
(17.5%). There are also a number of people of Irish ancestry (5.3%) , and residents who report French Canadian roots (3.7%) , and some of the residents are also of German ancestry (3.6%) , along with some English ancestry residents (2.1%), among others.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Lafayette City Center
neighborhood is English, spoken by 84.6% of households. Other important languages spoken here include French and Spanish.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Lafayette City Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (50.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.1%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (22.0%) and 16.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.