What percentage of people rent in Lafayette, TN?

51.5% (±9.1 points) of the occupied homes in Lafayette, TN are rented (2020–2024 American Community Survey).

That is 1,000 renting households against 941 that own their home.

In Lafayette, the share of households that rent went from 41.1% in 2015–2019 to 51.5% in 2020–2024 (+10.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
51.5% (±9.1 points)
Renting households
1,000 (±196)
Median renter income
$41,790 (±$12,926)

Who rents and who owns in Lafayette

Tenure, estimate (90% margin of error)
LafayetteMacon CountyTennesseeUnited States
Renter-occupied share51.5% (±9.1 points)26.4% (±3.1 points)33.1% (±0.3 points)34.8%
Renting households1,000 (±196)2,483 (±315)933,708 (±7,883)45,017,354
Owning households941 (±222)6,938 (±339)1,890,569 (±10,295)84,210,142
Average renter household size2.8 (±0.4)3.1 (±0.3)2.3 (±0.0)2.3
Average owner household size2.9 (±0.4)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$41,790 (±$12,926)$45,401 (±$8,437)$46,745 (±$535)$52,966
Median owner household income$65,809 (±$16,148)$66,250 (±$7,573)$85,153 (±$545)$100,009

In Lafayette, the renter share is higher than in Macon County (26.4%).

It is also higher than in Tennessee (33.1%).

It is higher than the national figure (34.8%).

Statewide, it ranks 36 of 405.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lafayette has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent41.1% (±8.0 points)51.5% (±9.1 points)+10.4 percentage pointsNot a measurable change
Median gross rent$709 (±$113)$896 (±$93)+26.4%No measurable change after inflation
Median household income$30,960 (±$1,184)$51,736 (±$16,813)+67.1%No measurable change after inflation

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.

Households that rent in places near Lafayette

Nearest places with a published estimate, compared with Lafayette
PlaceDistanceHouseholds that rentCompared with this place
Lafayette—51.5% (±9.1 points)—
Red Boiling Springs10 mi53.1% (±12.0 points)Not measurably different
Hartsville11 mi25.5% (±5.5 points)Lower
Westmoreland12 mi36.5% (±9.8 points)Lower
Fountain Run15 mi20.0% (±15.0 points)Lower
Gamaliel15 mi29.6% (±11.0 points)Lower
Scottsville18 mi55.8% (±10.0 points)Not measurably different
Carthage19 mi37.2% (±10.3 points)Lower
South Carthage20 mi40.8% (±9.2 points)Not measurably different

Nearby places with a measurably lower figure: Hartsville, TN (25.5%), Westmoreland, TN (36.5%), Fountain Run, KY (20.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lafayette

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Questions about Lafayette

How many renters are there in Lafayette?

Lafayette has an estimated 1,000 (±196) renting households, 51.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lafayette?

In Lafayette, the share of households that rent went from 41.1% in 2015–2019 to 51.5% in 2020–2024 (+10.4 percentage points), not a measurable change.

How big are renting households in Lafayette?

A renting household in Lafayette has 2.8 people on average, against 2.9 in an owned home.

How much do renters earn in Lafayette?

The median renting household in Lafayette, TN has an income of $41,790 (±$12,926) a year, against $65,809 for households that own their home.

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) and detailed tables (acs/acs5) for Lafayette city, Tennessee (place:40160, in state:47).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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