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West Lafayette, IN Housing

 
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As of 2010-2014, median price of a house in West Lafayette is $177,300, which is higher than the state average of $122,700 and is about the same as the national average of $175,700. The West Lafayette median house value has grown by 21.94% since 2000. The growth rate for the price of a house in West Lafayette is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in West Lafayette was built is 1981, which is newer than the median year for a house built in the state which is 1972 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,718 Owner Occupied Houses in West Lafayette, IN, #39
West Lafayette, IN
177,300 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #270
West Lafayette, IN
21.94%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 West Lafayette, INIndianaU.S.
Total Housing Units13,011, see rank, 100%2,811,617132,741,033
Occupied Housing Units11,924, 91.65%, see rank88.64%87.55%
Owner Occupied3,718, 28.58%, see rank61.56%56.34%
Renter Occupied8,206, 63.07%, see rank27.07%31.21%
Vacant Housing Units1,087, 8.35%, see rank11.36%12.45%
For Rent233, 1.79%, see rank2.40%2.34%
For Sale Only58, 0.45%, see rank1.47%1.20%
Rented or Sold, Not Occupied395, 3.04%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use46, 0.35%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant355, 2.73%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #75
West Lafayette, INIndianaU.S.
198119721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 West Lafayette, IN%IndianaU.S.
Owner-Occupied Units3,718100%1,730,95474,787,460
With a Mortgage2,42265.14%, see rank68.12%65.58%
Without a Mortgage1,29634.86%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
West Lafayette, IN
1,355 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWest Lafayette, IN%IndianaU.S.
$299 or Less00.00%, see rank0.35%0.20%
$300 to $499371.53%, see rank3.15%1.59%
$500 to $699843.47%, see rank9.90%5.01%
$700 to $99946519.20%, see rank26.58%14.32%
$1,000 to $1,49992838.32%, see rank35.46%27.90%
$1,500 to $1,99952521.68%, see rank14.79%20.35%
$2,000 to $2,99925510.53%, see rank7.60%19.52%
$3,000 or More1285.28%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
West Lafayette, IN
18.30% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 West Lafayette, IN%IndianaU.S.
10% or Less39116.14%, see rank7.60%5.86%
10% to 20%95339.35%, see rank41.01%31.95%
20% to 30%56623.37%, see rank26.38%27.64%
30% to 40%2279.37%, see rank10.90%13.74%
40% or More28111.60%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
West Lafayette, IN
442 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWest Lafayette, IN%IndianaU.S.
$199 or Less1269.72%, see rank8.65%7.76%
$200 to $29915612.04%, see rank22.03%14.70%
$300 to $49958044.75%, see rank44.41%34.63%
$500 to $69932625.15%, see rank17.12%21.16%
$700 or More1088.33%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
West Lafayette, IN
10.00% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 West Lafayette, IN%IndianaU.S.
10% or Less82463.58%, see rank45.90%40.19%
10% to 20%30723.69%, see rank31.56%31.47%
20% to 30%574.40%, see rank10.56%12.24%
30% to 40%00.00%, see rank4.39%5.64%
40% or More1088.33%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 West Lafayette, INIndianaU.S.
Total Housing Units13,011, 100%2,811,617132,741,033
1-unit, Detached4,686, 36.02%, see rank72.70%61.65%
1-unit, Attached372, 2.86%, see rank3.65%5.82%
2 Units271, 2.08%, see rank2.59%3.75%
3 or 4 Units876, 6.73%, see rank3.58%4.43%
5 to 9 Units1,619, 12.44%, see rank4.55%4.78%
10 or More Units5,133, 39.45%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.54, 0.42%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 West Lafayette, INIndianaU.S.
Total Housing Units13,011, 100%2,811,617132,741,033
1 Room707, 5.43%, see rank1.26%1.95%
2 Rooms675, 5.19%, see rank1.46%2.48%
3 Rooms2,282, 17.54%, see rank6.64%9.13%
4 Rooms2,437, 18.73%, see rank14.31%16.60%
5 Rooms2,042, 15.69%, see rank21.67%20.41%
6 Rooms1,566, 12.04%, see rank20.12%18.06%
7 Rooms1,275, 9.80%, see rank13.67%12.27%
8 Rooms809, 6.22%, see rank9.17%8.48%
9 Rooms or More1,218, 9.36%, see rank11.69%10.60%
Median Rooms4.70, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 West Lafayette, INIndianaU.S.
Total Housing Units13,011, 100%2,811,617132,741,033
No Bedroom754, 5.80%, see rank1.38%2.17%
1 Bedroom2,438, 18.74%, see rank9.26%11.16%
2 Bedrooms3,616, 27.79%, see rank26.57%26.69%
3 Bedrooms3,475, 26.71%, see rank44.05%39.70%
4 Bedrooms2,305, 17.72%, see rank15.33%16.05%
5 or More Bedrooms423, 3.25%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 West Lafayette, INIndianaU.S.
Total Housing Units11,924, 100%2,492,183116,211,092
Utility Gas6,130, 51.41%, see rank61.00%48.85%
Bottled, Tank, or LP Gas160, 1.34%, see rank7.17%4.86%
Electricity5,552, 46.56%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.8, 0.07%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood0, 0.00%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel46, 0.39%, see rank0.46%0.47%
No Fuel Used28, 0.23%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWest Lafayette, INIndianaU.S.
Occupied Units Paying Rent8,076, 100%716,46139,201,928
$199 or Less52, 0.64%, see rank1.90%1.50%
$200 to $29993, 1.15%, see rank3.46%3.18%
$300 to $499438, 5.42%, see rank10.51%7.37%
$500 to $6991,810, 22.41%, see rank27.49%16.01%
$700 to $9992,684, 33.23%, see rank37.65%29.17%
$1,000 to $1,4991,561, 19.33%, see rank15.48%26.88%
$1,500 to $1,9991,040, 12.88%, see rank2.39%9.79%
$2,000 or More398, 4.93%, see rank1.13%6.10%
Median$854, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 West Lafayette, INIndianaU.S.
Occupied Housing Units11,924, 100%2,492,183116,211,092
No Vehicles Available1,546, 12.97%, see rank6.86%9.12%
1 Vehicles Available4,838, 40.57%, see rank32.87%33.80%
2 Vehicles Available3,918, 32.86%, see rank38.90%37.48%
3 or More Vehicles Available1,622, 13.60%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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