43845, West Lafayette, OH

West Lafayette, Ohio is located in the heart of Purdue University's campus. The city has a population of around 30,000 and is home to several businesses and organizations related to the university. The median household income in West Lafayette is around $75,000, which is higher than the statewide median of $52,046.

The average home value in West Lafayette is around $250,000. This makes it one of the more affordable cities in Ohio and one of the most affordable in the Midwest. In fact, according to Zillow's recent report on home values nationwide, West Lafayette ranks as the ninth most affordable city in America.

Despite being relatively affordable, West Lafayette still has a high home equity rate compared to other cities across Ohio and the Midwest. The Zillow report found that the home equity rate for homes located in West Lafayette was around 106%. This compares favorably with rates found in Cleveland (77%), Cincinnati (78%), Toledo (81%) and Columbus (84%).