Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lafayette, Oregon is a small city with a population of 4,222 residents. Lafayette has a population density of 4,561 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 87% of Lafayette residents are White, 4% American Indian and Alaskan and 0% Black. Additionally, more than a quarter of the population of Lafayette are of Hispanic or Latino origin, and 27% of the population also speak Spanish. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Lafayette entails a longer-than-average one-way commute time, averaging 31 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Lafayette, Oregon could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Lafayette, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety, employment and more.
Lafayette has a livability score of 72 out of 100 and is ranked #97 in Oregon and #4,957 in the USA. If we probe a little deeper into each category within the livability score, we see that Lafayette has higher than average grades for the following: crime (B+) and employment (A+). There are some categories that Lafayette ranks poorly for, including: amenities (F). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Lafayette, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.78% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lafayette has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Lafayette real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lafayette. Median real estate prices in Lafayette come in at $260,700, which is 5.5% higher than the Oregon average. The home price to income ratio compares the median home prices to the median household income. In Lafayette, the home price to income ratio is 3.4, which is 26.1% lower than the Oregon average.
| Statistic | Lafayette | Oregon | National |
| Average one way commute | 31min | 23min | 26min |
| Workers who drive to work | 83.2% | 71.4% | 76.4% |
| Workers who carpool | 9.0% | 10.3% | 9.3% |
| Workers who take public transit | 2.3% | 4.4% | 5.1% |
| Workers who bicycle | 0.0% | 2.4% | 0.6% |
| Workers who walk | 2.0% | 3.9% | 2.8% |
| Working from home | 3.1% | 6.4% | 4.6% |
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