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IL area data

La Fayette, IL

La Fayette, IL.

Population: 339 (Census ACS)

Home values & appreciation

Median home value
$115,146
1-year appreciation
+0.6%
3-year appreciation
-18.3%
5-year appreciation
-24.7%
All-time peak (2020-12)
$155,468
House Price Index
325.3 (+6.1% YoY)

Market activity

1-year forecast
+1.8%

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought

Climate (30-year normals)

Annual precipitation
40.0 in
Annual snowfall
22.0 in

Amenities

Nearest airport
Kewanee Municipal Airport (7 mi)
Nearest major airport
General Wayne A. Downing Peoria International Airport (PIA) (34 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+16 tax filers

Housing stock

Median year housing built
1,951
Median annual property tax
$1,533
Households with broadband internet
37.1%

Employment & development

Total county employment
1,269
Average weekly wage
$1,105
Top industries (by employment)
Construction, Agriculture, Wholesale Trade
Annual residential building permits (county)
5

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents