ZIP Code 70501 — Lafayette city, LA Demographics & Data

ZIP code 70501 covers Lafayette, LA in Lafayette Parish with a population of about 26,956.

At a glance, the area shows median age of 36.8 versus a U.S. median of about 38.9.

It sits in telephone area code 337; U.S. House district LA-6; the LAFAYETTE, LA media market.

Lafayette, LA sits in a university / college context (near infinity college (0.8 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 70501 is about $31,723 — about 58% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 38.4%; unemployment rate near 11.3%; 16.3% of adults with a bachelor’s degree or higher (about 17.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Food services; about 6.0% of workers reporting work-from-home (about 9.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $117,200 — about 66% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $695 (about 40% below the U.S. median rent ($1,163)), and owner-occupancy near 42.3% (about 23.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 70501 in Lafayette, LA, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $753. That is roughly in line with the local median household income ($31,723). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Lafayette city, LA show little to no average snow and around 62.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,067 for ZIP 70501 (Lafayette city, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.