37083, Lafayette, TN

The 37083 zip code of Lafayette, TN has a median home value of $126,000 and a median home equity value of $111,000. These values are higher than the national median home value of $117,500 and the national median home equity value of $106,800. This is likely due to the high concentration of college-educated adults in this zip code.

In addition to having a higher median home value and home equity value, Lafayette residents also have a lower homeownership rate than the national average. The homeownership rate in Lafayette is 54%, which is lower than the national homeownership rate of 63%. This may be due to the high cost of living in Lafayette or the fact that many residents are renters instead of owners.