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Housing Profile
Lafayette County, Florida
  • Population, 2016: 8621. Lafayette County ranks # 67 of Florida's 67 counties in population.
  • Households, 2016: 2563
  • Homeownership Rate, 2016: 76.5%. Statewide, Florida's homeownership rate is 67.8%.
Population Projections
  • In 2040, Lafayette County is projected to have a population of 9997, ranking it # 67 of Florida's 67 counties.

Projected Total Population, Lafayette County, 2010-2040

Place 2010 2016 2020 2025 2030 20352040
Lafayette County 8870 8621 8901 9202 9502 9798 9997
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

Existing Home Values (Based on County Property Appraisers' Just Value)

  • Single Family Home, average just value, 2016: $86465. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $37884.
  • Condominium, average just value, 2016: $0.

Home Sales Prices

  • The average sales price for a single family home was $95238 in 2016. The median sales price that year was $77000, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, Lafayette County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
Lafayette County Condominiums NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
Lafayette County Single Family Homes 52250 49000 42000 45000 64750 65750 50000 97500 75500 127500 135000 161000 130000 100000 134500 108000 100000 65000 73000 89000 77000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Lafayette County, Florida, 2011-2015 American Community Survey

Place Median Gross RentState Median Gross Rent
Lafayette County, Florida 548 1002
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File
  • In Lafayette County and the surrounding metro area, the HUD Fair Market Rent in 2017, representing rent for a typical modest apartment, was $532 for a studio apartment, $565 for a one-bedroom, $652 for a two-bedroom, $949 for a three-bedroom, and $1149 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, Lafayette County, 2011-2015

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500-$1,999 $2,000-$2,499 $2,500-$2,999 $3,000-$3,499 $3,500 or More No Cash RentTotal
Lafayette County 0 116 69 174 68 11 11 0 0 0 0 43 492
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are licensed manufactured housing parks in with lots in 2012.
  • There are licensed condominium developments in with units in 2012. Of these, properties with units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Lafayette County, 2005-2015

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015
Lafayette County Lafayette One to four-family (other than manufactured housing) 24 20 22 13 5 13 14 23 23 24 30
Lafayette County Lafayette Manufactured housing 12 14 14 9 7 20 11 23 19 26 10
Lafayette County Lafayette Multifamily 0 0 1 0 0 0 0 0 0 0 0
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2015

Foreclosures and Serious Delinquencies

This table is not available outside of Metropolitan Statistical Areas (MSAs)

Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2016, 829 Lafayette County households (32%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 417 households in Lafayette County (16%) pay more than 50% of income for housing.

Households by Cost Burden, Lafayette County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 1734 412 417
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, Lafayette County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 1366 310 285
Renter 368 102 132
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Household Income

  • In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Lafayette County and the surrounding metro area, the HUD-estimated median income for a family of four is $50800 in 2017.

Households by Income and Cost Burden, Lafayette County, 2016

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 90 61 223
30.01-50% AMI 163 85 175
80.01+% AMI 1250 74 19
Total 1503 220 417
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 814 households in Lafayette County (31.8%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
  • 680 of elderly households in Lafayette (83.5%) own their homes.
  • 253 elderly households (31%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Lafayette County, 2016

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 561 128 125
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in Lafayette County was 1575 square feet.

Year Structure Built, Lafayette County, 2011-2015 American Community Survey

Place Number Share by Decade
2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Lafayette County 145 806 749 586 453 135 95 94 176 3239 4.5 24.9 23.1 18.1 14.0 4.2 11.3
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Lafayette County, 2011-2015 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
Lafayette County 88 3.5 - - 233 7.2 86 2.7
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File