Lafayette is a medium-sized city located in the state of Colorado. With a population of 30,699 people and seven associated neighborhoods, Lafayette is the 26th largest community in Colorado.
Housing costs in Lafayette are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Also of interest is that Lafayette has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Lafayette is also a city of artists. Lafayette has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lafayette’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.52% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lafayette. 63.09% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Lafayette in 2022 was $59,338, which is wealthy relative to Colorado and the nation. This equates to an annual income of $237,352 for a family of four. However, Lafayette contains both very wealthy and poor people as well.
Lafayette is a very ethnically-diverse city. The people who call Lafayette home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lafayette residents report their race to be White, followed by Asian. Lafayette also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.73% of the city’s residents. Important ancestries of people in Lafayette include English, German, Irish, Italian, and European.
The most common language spoken in Lafayette is English. Other important languages spoken here include Spanish and Miao/Hmong.