Interested in purchasing investment houses in the 70507 zip code in Lafayette, LA?
The zip code 70507 is in Lafayette county with a latitude of -92.030520000000 and longitude of 30.281720000000, is in the state of Louisiana. The average asking price of houses and condos is $159,944.00 and the average sale price was $154,410.00. this regions is classified as the LaFayette metro area and is in the 337 area code. The location in degrees is 30° 16' 54.192" N, 92° 1' 49.872" W. The county F.I.P.S. is 22055. This zip code contains four cities including Lafayette, LA (38.45%), Carencro, LA (10.53%), Scott, LA (6.09%), and Ossun, LA (3.54%) The total land area is 21.2 square miles and the water area is 0.0 square miles. The elevation in this area is 10 - 43 feet. The zip code is on central standard time and observes daylight savings time.
The zip 70507 is in county number 055 and is L. Sector 20, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 17,326 in 2019 and 16,558 in 2010. Of this, the break down in 2019 was 14,833 urban and 2,492 rural. This further breaks down to 8,430 males (48.7%) and 8,896 females (51.3%). The median age of residents is 33.3 years. The population of the greater Lafayette, LA area is 263,368. The population density (people per square mile) is 817. This zip code has a combined total of 7,003 houses and condos. There are 2,085 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $47,068 and the average salary is $41,420. The median household income of individuals is $40,586.00 and the average is $53,440.00. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 60.30% (Under $50,000), 29.10% ($50,000-$100,000), and 10.60% earn over $100,000. 16.1% of residents live below poverty line versus the 19.0% in the state that are below this line. The cost of living index is 84.4. The educational breakdown is 90.8% have a high school education or higher, 26.4% have a bachelor's degree or higher, and 7.7% have some kind of profesional degree.
This area has 6,351 households and the average size is 2.6 people. Individuals who are single and have never been married are 33.6%, 48.5% are now married, 2.9% are separated, 4.6% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $4,193 versus the state average of $5,533. The percent of residents who gave to charity was 16.2%.
The estimated median value of houses and condos is $173,602. The median monthly owner costs of mortgage holders was $1,171, where as the costs for those who don't have a mortgage are $307. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $760. In comparision, the average real estate tax percent rate in the state is 0.5% which equated to an average real estate tax amount payment in the state of $919. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $917. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $468. Reported taxable interest for persons was $971, dividends $2,891, capital gains +$3,994, and itemized deductions $20,453. The average earned income tax credit is $2,656. The percent of individuals that use a tax preparer is 55.5%. The total average income taxes paid by individuals was $4,796. Businesses reported an average profit of $7,022.
Prejean's Restaurant
3480 NE Evangeline Trwy, Lafayette, LA 70507
Trynd
116 E Vermilion St, Lafayette, LA 70501 (3.2 miles away)
Boutin's Cajun Seafood Steakhouse & Oyster Bar
114 Derek Plaza Dr, Carencro, LA 70520 (3.4 miles away)
Uncle T's Oyster Bar
1001 Saint Mary St, Scott, LA 70583 (5.3 miles away)
Lagneaux's Restaurant
445 Ridge Rd, Lafayette, LA 70506 (5.9 miles away)
Charley G's
3809 Ambassador Caffery Pkwy, Lafayette, LA 70503 (7 miles away)
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