Lafayette, TN Real Estate
According to census data in the year 2000 there were 1,749 housing units in Lafayette.
This represents a 3.2% growth from 1,695 in 1990.
Of those housing units, 1,606 were located in either urbanized areas or urban clusters, and 143 were located in what is classified as a rural area.
Homeownership rate in Lafayette is about 68.6%.
Lafayette's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Lafayette were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1970|
|Median Value of occupied units||$69,400|
|Median Price asked for vacant units||$56,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.29|
|Median year structure was built||1978|
|Median Monthly Rent asked for vacant units||$296|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.4%|