Lafayette is a city located in Nicollet County Minnesota. With a 2020 population of 491, it is the 498th largest city in Minnesota and the 13388th largest city in the United States . Lafayette is currently declining at a rate of -0.20% annually and its population has decreased by -2.58% 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 390 people per square mile.
The average household income in Lafayette is $71,921 with a poverty rate of 4.07%. The median rental costs in recent years comes to $763 per month, and the median house value is $93,900. The median age in Lafayette is 34.2 years, 40.7 years for males, and 30.8 years for females.