Lafayette is a city located in Minnesota. With a 2020 population of 498, it is the 495th largest city in Minnesota and the 13324th largest city in the United States. Lafayette is currently growing at a rate of 0.40% annually but its population has decreased by -1.19% since the most recent census, which recorded a population of 504 in 2010. Lafayette reached it's highest population of 504 in 2010. Spanning over 1 miles, Lafayette has a population density of 396 people per square mile.
The average household income in Lafayette is $67,353 with a poverty rate of 4.21%. The median rental costs in recent years comes to $636 per month, and the median house value is $92,200. The median age in Lafayette is 35.6 years, 44.7 years for males, and 28.7 years for females. For every 100 females there are 81.5 males.