Lafayette vs Memphis
| Lafayette | Memphis | |
|---|---|---|
| Population | 5,555 | 630,027 |
| Median Household Income | $51,736 | $51,736 |
| Median Home Value | $213,900 | $169,000 |
| Median Gross Rent | $896/mo | $1,181/mo |
| Homeownership Rate | 48.5% | 44.9% |
| Unemployment Rate | 5.4% | 8.3% |
| Bachelor's Degree or Higher | 11.8% | 28.0% |
| Median Age | 32.3 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.