Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.6 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 6.7% ▼ 33% below avg |
| College Grads | 46.6% ▲ 20% above avg |
| Unemployment | 3.1% ▼ 36% below avg |
| No HS Diploma | 40 (1.2%) |
| HS Graduate | 1,134 (32.7%) |
| Some College | 239 (6.9%) |
| Associates | 440 (12.7%) |
| Bachelors | 244 (7%) |
| Graduate Degree | 1,372 (39.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $116,042 ▲ 52% above avg |
|---|---|
| Median Home Value | $412,500 ▲ 48% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,438/mo |
| Total Housing Units | 1,694 |
| Vacant Units | 81 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lafayette is a city in New Jersey, located in Sussex County. The city spans 1 ZIP code and is home to approximately 4,513 residents. It is a mature city, with a median age of 52.6 years.
Economically, Lafayette is a upper-middle-income community. The median household income of $116,042 is significantly above the national average. Approximately 6.7% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Lafayette is a premium housing market. Median home values stand at $412,500, which is above the national average. Renters typically pay around $1,438 per month. Homeownership is high at 88.0%, typical of suburban and family-oriented communities.
The population of Lafayette is well-educated. 46.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (85.75%).
Lafayette, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07848 | 4,513 | $116,042 | $412,500 | $1,438 | 3.1% | 46.6% | 88.0% |