Lafayette County, FL

Comprehensive housing, income, and cost of living data for Lafayette County, Florida. Population: 8.1K.

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Median Home Price

$237.4K

Based on 1 cities

Median Household Income

$60.7K

Annual household income

Price-to-Income Ratio

3.9x

Moderately affordable

Salary Needed to Buy

$58.7K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$850

Average annual amount

Effective Tax Rate

0.36%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,200

Property Tax$70.83

Insurance$98.90

Total Monthly$1,370

Historical Home Prices

2015

$114.9K

2016

$122.6K

+6.6%%

2017

$127.5K

+4.0%%

2018

$130.7K

+2.6%%

2019

$139.8K

+7.0%%

2020

$157.7K

+12.8%%

2021

$200.0K

+26.8%%

2022

$210.3K

+5.2%%

2023

$223.9K

+6.5%%

2024

$237.4K

+6.0%%

2025

$243.5K

+2.6%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.1%%

Below national average

Population Density

People per square mile

Political Lean (2020)

Competitive

R+2

Racial Demographics

White

69.5%

Black

17.5%

Hispanic

11.9%

Asian

Two or More Races

1.1%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

69°F

Annual average

Sunny Days

240

Days per year

Annual Rainfall

55.4"

Inches per year

Natural Disaster Risk

Low Risk

Score: 16/100

January Low

21°F

Average winter low

July High

85°F

Average summer high

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