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Lafayette, MN

Full City Profile · Minnesota · Nicollet County County

3.4 /5.0
B Good
478 Population 379/sq mi density
$95,500 Median Income $37,980 per capita
$142,700 Home Value $246,085 Zillow
$725 Median Rent 18.8% income on rent
44°F Avg Temperature 270 sunny days/yr
69 Violent Crime/100K 2,002 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$142,700 home value, $725/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher

Income Overview

Median Household Income
$95,500
27% above
US avg: $75,149
Per Capita Income
$37,980
3% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
2.8%
77% below
US avg: 12.4%

Income Comparison: Lafayette vs. U.S. Average

Each bar shows Lafayette’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$95,500
127%
Per Capita
US: $39,052
$37,980
97%
IRS Avg AGI
US: $72,000
$79,374
110%
Avg Weekly Wage
US: $1,432
$1,081
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,081
25% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
3.3%
78% below US avg (15.2%)
Drive Alone
80.9%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,983M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.9%
Public Transit 0%
Work From Home 3.3%
Other 15.8%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
849
Restaurants
55
Healthcare
93
Retail
83
Manufacturing
47

Tax & Financial

IRS Avg Adjusted Gross Income
$79,374
10% above US avg ($72,000)
Avg Property Tax
$4,641
33% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$95,500
Per Capita Income$37,980
IRS Avg Adjusted Gross Income$79,374
Avg Weekly Wage$1,081
County GDP$1,983M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate2.8%
Gini Coefficient0.460
Cost of Living Index98.6

Commute

Mean Commute24 minutes
Drive Alone80.9%
Public Transit0.0%
Work From Home3.3%

Businesses

Total Establishments849
Restaurants55
Healthcare93
Retail83
Manufacturing47

Tax

IRS Avg AGI$79,374
Avg Property Tax$4,641