| ZIP Code | 70506 |
|---|---|
| City | Lafayette |
| State | Louisiana (LA) |
| County | Lafayette County |
| Area Code | 337 |
| Elevation | 32 ft |
| Latitude | 30.195834 |
|---|---|
| Longitude | -92.080781 |
| Timezone | Chicago (DST) |
| FIPS | 22055 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.20 |
| Below Poverty | 18.3% ▲ 83% above avg |
| College Grads | 46.1% ▲ 19% above avg |
| Unemployment | 5.3% ▲ 8% above avg |
| No HS Diploma | 126 (0.5%) |
| HS Graduate | 7,780 (29.6%) |
| Some College | 2,620 (10%) |
| Associates | 3,654 (13.9%) |
| Bachelors | 1,825 (6.9%) |
| Graduate Degree | 10,299 (39.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,553 ▼ 27% below avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $215,700 ▼ 23% below avg ↑ 25% since 2019 |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,024/mo ↑ 21% since 2019 |
| Total Units | 20,296 |
| Vacant Units | 1,575 |
| Avg HH Size | 2.20 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 20,296 |
|---|---|
| Vacant | 1,575 |
| Owner Occupied | 51.6% |
| Renter Occupied | 48.4% |
| Avg HH Size | 2.20 |
ZIP code 70506 is located in Lafayette, Louisiana, within Lafayette County. With a population of 41,550, this is a highly populated ZIP code with a relatively young community — the median age is 35.2 years. Economically, 70506 is a solidly middle-class ZIP code: the median household income of $55,553 is below the national average.
Real estate in ZIP code 70506 represents an affordable housing market. The median home value of $215,700 is below the national average. Renters can expect to pay around $1,024 per month in median rent. The area has a relatively balanced mix of owners (51.6%) and renters (48.4%). Median home values have increased by 25% since 2019.
The population of 70506 is majority White (60.31%). Residents are well-educated — 46.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 18.3%. Household income has grown by 18% since 2019.
The unemployment rate in 70506 stands at 5.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 70506 in Lafayette, LA is characterized as solidly middle-class, well-educated, and a relatively young community. With 41,550 residents, a median household income of $55,553, and a median home value of $215,700, it offers a clear picture of life in this part of Louisiana.