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 Rate | 0.0% |
| Poverty Rate | 2.8% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 80.9% |
| Public Transit | 0.0% |
| Work From Home | 3.3% |
Businesses
| Total Establishments | 849 |
| Restaurants | 55 |
| Healthcare | 93 |
| Retail | 83 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $79,374 |
| Avg Property Tax | $4,641 |
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