ZIP Code 70503 — Lafayette city, LA Demographics & Data

ZIP code 70503 covers Lafayette, LA in Lafayette Parish with a population of about 28,883.

At a glance, the area shows median age of 37.9 (near the U.S. median).

It sits in telephone area code 337; U.S. House district LA-3; the LAFAYETTE, LA media market.

Lafayette, LA sits in a university / college context (near remington college-lafayette campus (0.4 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 70503 is about $94,360 — about 26% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 9.0%; unemployment rate near 1.9%; 55.5% of adults with a bachelor’s degree or higher (about 21.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Education; about 12.9% of workers reporting work-from-home (about 2.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $326,800 — about 6% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $951 (about 18% below the U.S. median rent ($1,163)), and owner-occupancy near 67.7% (about 2.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 70503 in Lafayette, LA, a household would need roughly $90,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,099. That is roughly in line with the local median household income ($94,360). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Lafayette city, LA show little to no average snow and around 64.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,143 for ZIP 70503 (Lafayette city, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.