Everything You Should Know Before Moving to Lake Lafayette, MO
Considering a move to Lake Lafayette, MO? This peaceful, rural community of 327 residents offers affordable living with a median home price around $170,000 and average 2-bedroom rent of $900. Residents enjoy a low cost of living, low crime rates, and scenic surroundings, though commute times average 33 minutes and schools are part of the nearby Lexington district. With mild Midwestern seasons, access to healthcare in nearby towns, and a tight-knit atmosphere, Lake Lafayette is ideal for those seeking value and tranquility.
Demographics - Lake Lafayette, MO
Demographics - Lake Lafayette, MO
Lake Lafayette is a small, close-knit community of 327 people, with a median age of 47, giving the area a mature, settled feel. The population is predominantly White, and the gender balance is nearly even, making it a welcoming place for families and retirees alike.
Population:
327
Density:
61 per sq mi
Median Age:
47.3
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
96.0%
Black:
1.5%
Asian:
0.3%
Others:
2.2%
Cost Of Living
What is the average cost of living in Lake Lafayette, MO?
Lake Lafayette offers an affordable lifestyle, with a cost of living index well below the national average and median home values around $170,000. Utilities and groceries are reasonably priced, making it an attractive choice for budget-conscious residents.
Median House Value:
$170,000
Gross Rent:
$900
Monthly Electricity Charges:
$128
Auto Insurance:
$1,390
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
1.5%
|
High:
5.4%
Cost Of Living Index:
85.2
Grocery:
93.4
Housing:
74.1
Utilities:
98.7
Transportation:
87.5
Health Care:
94.2
Miscellaneous:
92.0
Crime
Is Lake Lafayette, MO a safe place to live?
The city experiences low crime rates, with a chance of violent crime at 1 in 455 and property crime at 1 in 61, providing residents with a sense of security. The overall crime index remains well below larger urban averages.
Violent Crimes Per 100k:
220
Property Crimes Per 100k:
1,650
Crime Index:
1,870
Chance Of Violent Crime:
1 in 455
Chance Of Property Crime:
1 in 61
Weather
What is the weather like in Lake Lafayette, MO year-round?
Residents enjoy four distinct seasons, including mild winters with lows around 20°F and warm summers peaking at 89°F. With 57% sunny days and over 41 inches of annual rainfall, the climate supports a variety of outdoor activities year-round.
Winter
Min:
20°F
Max:
39°F
Spring
Min:
45°F
Max:
70°F
Summer
Min:
66°F
Max:
89°F
Fall
Min:
46°F
Max:
72°F
Average Rainfall Inches:
41.2 inches
Sunny Days Percentage:
57%
Neighbors
Lake Lafayette neighbors benefit from a median household income of $54,400 and a strong community spirit, with 91% having at least a high school education. Most residents commute about 33 minutes to work, and the poverty rate is just under 13%.
Median Income:
$29,500
Household Income:
$54,400
Family Income:
$67,800
Per Capita Income:
$23,600
Income Male:
$36,700
Income Female:
$30,200
Poverty Rate:
12.8%
Non English Speakers:
2.5%
Rent:
$900
Unemployment Rate:
4.8%
Public Transport Usage:
0.2%
Commute Time:
33.2 minutes
Education
High School or Higher:
91.4%
Bachelors or More:
17.8%
Education
How are the schools in Lake Lafayette, MO?
Public education is served by the Lexington R-V School District, known for small class sizes and a student-teacher ratio of 13.6. While there are no private schools in town, the University of Central Missouri in nearby Warrensburg offers higher education opportunities.
Public Schools
Name:
Lexington R-V School District
Street:
2323A High School Dr
Phone:
660-259-4369
Students:
1,075
Student Teacher Ratio:
13.6
Colleges
Name:
Wentworth Military Academy & College (Closed, nearest is University of Central Missouri)
City:
Warrensburg
State:
MO
Distance:
28 miles
Students:
10,600
Healthcare
Quality healthcare is accessible in nearby towns, with major hospitals like Centerpoint Medical Center and St. Mary's Medical Center offering comprehensive services. Most residents have health insurance, and the region has an average of 2.2 physicians per 1,000 people.
Major Hospitals
Name:
Centerpoint Medical Center
Address:
19600 East 39th St S, Independence, MO 64057
Phone:
(816) 698-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
St. Mary's Medical Center
Address:
201 NW R.D. Mize Rd, Blue Springs, MO 64014
Phone:
(816) 228-5900
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
90.6%
Health Care Index:
79.1
Housing Market
What is the housing market like in Lake Lafayette, MO?
The housing market in Lake Lafayette is stable and affordable, with a median home price of $170,000 and 85% owner-occupancy. Rental options are available, with average 2-bedroom rents at $900 and a low rate of foreclosures.
Median Home Price:
$170,000
Average Rent For 2 Bedroom:
$900
Owner Occupied Rate:
85.4%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
4.4%
New Construction Rate:
0.7%
Foreclosure Rate:
0.4%
DMV Information
Motor vehicle and driver licensing services for Lake Lafayette are provided by the Missouri Department of Revenue, with resources available online and at the main office in Jefferson City. Residents can access a range of DMV services, including licensing and registration.
State:
Missouri
Department:
Missouri Department of Revenue - Motor Vehicle and Driver Licensing
Address:
301 West High Street, Jefferson City, MO 65101
Phone:
573-526-3669
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.