ZIP comparison · Lafayette, LA
70503 vs 70508
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP70503Lafayette, LA | ZIP70508Lafayette, LA |
|---|---|---|
| Home value | ||
| Typical home value | $282,823 | Better: $292,543 |
| 1-year appreciation | Better: +2.5% | +1.1% |
| 5-year CAGR | Better: +2.0% | +1.8% |
| 10-year CAGR | Better: +1.2% | +0.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,283 | $1,373 |
| Gross yield | 5.4% | Better: 5.6% |
| Cap rate | 3.3% | Better: 3.4% |
| Property tax | ||
| Effective tax rate | 0.7% | Better: 0.7% |
| Typical annual tax | $1,948 | Better: $1,921 |
| Demographics | ||
| Population | 28,643 | 40,592 |
| Median household income | Better: $94,688 | $86,005 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | +223 | +223 |
| Schools | ||
| Public schools | 4 | 3 |
| Students enrolled | 3,034 | 2,924 |