Housing data for Lafayette Township (Madison County), IN

Lafayette Township (Madison County), IN has an estimated 5,175 residents and 2,339 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Madison County.

19.8% of households rent.

The median gross rent is $748 a month.

Figures last updated on .

Residents
5,175 (±41)
Housing units
2,339 (±187)
Households that rent
19.8%
Median gross rent
$748
Residents since 2015–2019
−0.6%

What stands out in Lafayette Township (Madison County)

Households that rent: 19.8% (±6.3 points) in Lafayette Township (Madison County), lower than in Madison County (29.8%).

Median gross rent: $748 (±$93) in Lafayette Township (Madison County), lower than in Madison County ($939).

Housing in Lafayette Township (Madison County) at a glance

Lafayette Township (Madison County) against Madison County, its state and the nation

Estimate (90% margin of error)
Lafayette Township (Madison County)Madison CountyIndianaUnited States
Residents5,175 (±41)131,900 (exact)6,851,073 (exact)334,922,499
Housing units2,339 (±187)59,301 (±63)2,976,568 (±617)143,775,355
Households that rent19.8% (±6.3 points)29.8% (±1.4 points)29.4% (±0.3 points)34.8%
Median gross rent$748 (±$93)$939 (±$24)$1,062 (±$5)$1,413
Median household income$63,857 (±$11,660)$63,037 (±$2,053)$71,957 (±$352)$80,734
Median home value$153,800 (±$10,630)$161,300 (±$3,165)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,210 (±$177)$1,192 (±$32)$1,614 (±$9)$3,119
Built before 198083.3% (±13.0 points)70.4% (±2.5 points)55.0% (±0.3 points)49.7%
Average commute26.9 minutes (±3.1)26.3 minutes (±0.8)24.1 minutes (±0.1)26.4 minutes
Households with broadband93.7% (±2.6 points)89.6% (±1.0 points)89.9% (±0.2 points)91.0%
Median age of residents40.3 years (±5.4)40.9 years (±0.3)38.1 years (±0.2)38.9 years

Lafayette Township (Madison County) covers 35.2 square miles of land, about 147 residents per square mile (Census Bureau Gazetteer).

How Lafayette Township (Madison County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents5,204 (±36)5,175 (±41)−0.6%Not a measurable change
Housing units2,311 (±160)2,339 (±187)+1.2%Not a measurable change
Median gross rent$742 (±$113)$748 (±$93)+0.8%No measurable change after inflation
Median home value$87,100 (±$3,601)$153,800 (±$10,630)+76.6%Up after inflation
Median household income$52,407 (±$6,212)$63,857 (±$11,660)+21.8%No measurable change after inflation
Median owner cost with a mortgage$895 (±$58)$1,183 (±$66)+32.2%No measurable change after inflation
Median real estate taxes$811 (±$83)$1,210 (±$177)+49.2%Up after inflation
Households that rent29.4% (±5.2 points)19.8% (±6.3 points)−9.6 percentage pointsMeasurable decrease
Rental vacancy rate7.8% (±8.3 points)6.6% (±10.7 points)−1.2 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Madison County

Lafayette Township (Madison County) has no police department of its own in the FBI’s figures, so this is the figure for Madison County as a whole.

In 2025, the police departments that report for Madison County recorded 220 violent and 1,023 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Lafayette Township (Madison County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4601136%16,534$1,040$178,700$76,391
4604413%2,628$1,197$163,600$81,402

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Lafayette Township (Madison County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Frankton3.8 mi$1,186$140,40016.5%
Country Club Heights4.2 mi—$246,9000.0%
Woodlawn Heights4.4 mi—$413,60010.0%
River Forest4.6 mi——0.0%
Edgewood5.1 mi$1,050$200,1007.2%
Jackson Township (Madison County)5.3 mi—$228,4003.8%
Richland Township (Madison County)5.6 mi$2,125$174,60025.5%
Pipe Creek Township (Madison County)5.9 mi$879$120,60027.0%

Places in Indiana most like Lafayette Township (Madison County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Colfax$733$130,100$63,28119.8%
Chester Township (Wabash County)$684$147,300$66,72818.6%
Union Township (Delaware County)$688$119,900$66,90216.4%
Oak Grove Township$758$143,900$55,41716.6%
Poseyville$726$144,400$62,50025.2%
Cleveland Township (Whitley County)$750$164,200$61,30219.2%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Lafayette Township (Madison County), fiscal year 2027

Anderson, IN HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,011$1,017$1,331$1,743$1,749

HUD income limits for Lafayette Township (Madison County), fiscal year 2026

Anderson, IN HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,850$29,700$47,500
2 people$21,640$33,950$54,300
3 people$27,320$38,200$61,100
4 people$33,000$42,400$67,850
5 people$38,680$45,800$73,300
6 people$44,360$49,200$78,750
7 people$50,040$52,600$84,150
8 people$55,720$56,000$89,600

These are the limits HUD sets for its housing programs in the Anderson, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $83,400.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lafayette Township (Madison County)

What is the average rent in Lafayette Township (Madison County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Lafayette Township (Madison County) is $748 (±$93) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Lafayette Township (Madison County)?

The median gross rent for a one-bedroom home in Lafayette Township (Madison County), IN is $755 (±$169) a month (2020–2024 American Community Survey).

Are renters in Lafayette Township (Madison County) rent-burdened?

49.9% of renting households in Lafayette Township (Madison County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Lafayette Township (Madison County)?

Lafayette Township (Madison County) has an estimated 410 (±133) renting households, 19.8% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Lafayette Township (Madison County)?

The median household income in Lafayette Township (Madison County) is $63,857 (±$11,660) a year (2020–2024 American Community Survey).

What is the average home value in Lafayette Township (Madison County), IN?

The Census Bureau publishes the median: $153,800 (±$10,630) for owner-occupied homes in Lafayette Township (Madison County) (2020–2024 American Community Survey).

Is Lafayette Township (Madison County) growing?

In Lafayette Township (Madison County), the number of residents went from 5,204 in 2015–2019 to 5,175 in 2020–2024 (−0.6%), not a measurable change.

What ZIP codes are in Lafayette Township (Madison County)?

The ZIP codes that cover Lafayette Township (Madison County) are 46011, 46044.

What is the median rent in ZIP code 46011?

The median gross rent in ZIP Code Tabulation Area 46011 is $1,040 (±$71) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lafayette township, Madison County, Indiana (county subdivision:40752, in state:18 county:095).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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