Lafayette, LA — income, home value, property tax, and sales tax.
ZIP code 70507, in the Lafayette area, sits in middle-income territory: a median household income of $64,049 and per-capita income of $29,765 place it above many Louisiana communities but short of affluent. Homes run $212,400 at the median, and the county-level property tax rate of 0.57% keeps annual bills low enough that ownership stays within reach on these earnings. Add a 5.00% combined sales tax, and the overall tax load leans on consumption rather than property. This is a working- to middle-income pocket where paychecks stretch further than in costlier metros.
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