HomeMississippiLafayette County
Lafayette County, Mississippi: commercial real estate data.
Lafayette County, Mississippi has a population of 58,327 across 632 square miles, up 7.2 percent since the 2020 census base. County output reached $3.16 bn in 2024, 1,435 establishments operate here, and the SBA record carries 39 7(a) approvals worth $16.1 m.
118 sourced county values · tier FULL · 11 sections
Lafayette County
How many people live in Lafayette County
- Population58,327
- Households19,044
- Average household size3.06
- Median household income$67,185
- Median age30.7
- Median gross rent$1,085 per month
- Median owner-occupied home value$315,400
- Home value to household income4.7 times
- Annual rent as a share of median income19.4 percent
- Adults 25 and over with a bachelor degree or higher46.5 percent
- Adults 25 and over with a graduate degree22.7 percent
- Adults 25 and over33,974
- Population under 1810,537
- Share under 1818.1 percent
- Population 65 and over7,981
- Share 65 and over13.7 percent
- Working age population, 18 to 6439,809
- Civilian labor force26,873
- Unemployment rate2.1 percent
- Labor force participation, adults 18 and over56.2 percent
- Rank by population among Mississippi counties12th of 82
- Rank by population among US county-equivalents914th
Lafayette County is the 12th largest of 82 Mississippi counties by population. A median home costs 4.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 18.1 percent against 13.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lafayette County
Is Lafayette County growing
- Population change since the 2020 census base7.21 percent
- Census 2020 base population55,816
- Births, 2024529
- Deaths, 2024488
- Natural change, 202441
- Net domestic migration, 2024177
- Net international migration, 2024220
- Total net migration, 2024397
- Cumulative net domestic migration, 2021 to 20243,073
- Rank by growth among US county-equivalents298th
The county has grown 7.21 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Lafayette County
Where people moving to Lafayette County come from
- Tax returns filed by households arriving1,803
- People arriving, from those returns3,139
- Adjusted gross income arriving$123.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$68,309
- Largest single originLafayette County Non-migrants (16,610 households)
- Largest single destination (16,610 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lafayette County Non-migrants | 16,610 | 33,973 | $1.74 bn |
| Other flows - Different State | 785 | 1,298 | $59.8 m |
| Other flows - South | 469 | 774 | $34.6 m |
| Other flows - Same State | 334 | 554 | $20.0 m |
| Other flows - Midwest | 148 | 258 | $11.0 m |
| Panola County | 114 | 246 | $4.5 m |
| Other flows - West | 110 | 183 | $9.8 m |
| DeSoto County | 95 | 171 | $5.0 m |
The largest single source of arrivals is Lafayette County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Lafayette County
What the Lafayette County economy runs on
- County GDP, 2024$3.16 bn
- County GDP, 2023$2.94 bn
- GDP change, 2023 to 20247.4 percent
- GDP change over five years38.5 percent
- Rank by GDP among Mississippi counties13th
- Rank by GDP among US county-equivalents941st
- GDP per resident$54,180
Output grew 7.4 percent in the latest year and 38.5 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Lafayette County
Who employs people in Lafayette County
- Covered employment, annual average25,442
- Establishments reporting1,553
- Average annual pay$50,652
- Average weekly wage$974
- Sector 72, employment4,828
- Sector 72, average annual pay$22,845
- Sector 62, employment3,270
- Sector 62, average annual pay$60,935
- Sector 44-45, employment3,148
- Sector 44-45, average annual pay$29,722
- Sector 31-33, employment1,548
- Sector 31-33, average annual pay$58,482
- Sector 54, employment1,084
- Sector 56, employment803
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 4,828 | 233 | $22,845 |
| Sector 62 | 3,270 | 193 | $60,935 |
| Sector 44-45 | 3,148 | 238 | $29,722 |
| Sector 31-33 | 1,548 | 30 | $58,482 |
| Sector 54 | 1,084 | 180 | $74,465 |
| Sector 56 | 803 | 82 | $26,263 |
| Sector 23 | 683 | 105 | $60,043 |
| Sector 52 | 595 | 100 | $93,297 |
The largest sector is the biggest private employer group at 4,828 jobs, 19.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lafayette County
What businesses operate in Lafayette County
- Establishments, all industries1,435
- Employment at those establishments19,206
- Annual payroll$844.0 m
- Establishments per 1,000 residents24.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Lafayette County
What is being built in Lafayette County
- Housing units authorised by permit, 2024522
- Declared construction value permitted$171.0 m
- Single family units authorised450
- Multifamily units authorised72
- Multifamily share of units13.8 percent
- Average declared value per unit$327,505
- Units authorised per 1,000 households27.4
Multifamily is 13.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lafayette County
How much SBA lending happens in Lafayette County
- 7(a) approvals recorded39
- 7(a) gross approval dollars$16.1 m
- Average 7(a) approval$411,659
- Median 7(a) approval$185,000
- 10th percentile approval$50,000
- 90th percentile approval$1,236,000
- Largest single approval$2,680,000
- Jobs reported supported, 7(a)699
- Jobs per approval17.9
- Distinct 7(a) lenders active19
- Distinct industries receiving approvals29
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer2.6 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter33
- Franchise loans10
- Franchise share of approvals25.6 percent
- Leading industry by approval countCarpet and Upholstery Cleaning Services (3)
- Most active lenderBankFirst Financial Services (8)
- 504 approvals recorded9
- 504 gross approval dollars$9.9 m
- Average 504 approval$1,101,556
- Median 504 approval$815,000
- Distinct CDCs active1
- 504 jobs per approval25.7
- 504 jobs per million dollars approved23.3
- Most active CDCThree Rivers Local Development Company, Inc. (9)
- 7(a) share of SBA approvals81.3 percent
- Combined SBA approval dollars$26.0 m
The average approval of $411,659 sits well above the median of $185,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 2.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lafayette County
Do SBA loans in Lafayette County get paid back
- Loans with a final outcome recorded11
- Paid in full10
- Charged off1
- Charge off rate on resolved loans9.1 percent
- Status: Paid in full10
- Status: Exempt from disclosure24
- Status: Charged off1
- Status: Cancelled4
Of the 11 loans that have reached a final outcome, 9.1 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lafayette County
Which parts of Lafayette County get the lending
- Places in the county with recorded lending2
- Oxford, approvals38
- NASHVILLE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Oxford | 38 | $15,979,700 |
| NASHVILLE | 1 | $75,000 |
Oxford accounts for 38 approvals against 1 in NASHVILLE. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lafayette County
How big is Lafayette County
- Land area632 sq mi
- Rank by land area among Mississippi counties29th of 82
- Width, east to west27.2 mi
- Height, north to south27.2 mi
- Geographies sharing a boundary7
- Residents per square mile of land92
- Establishments per square mile2.27
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Lafayette County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Lafayette County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population58,327
- Households19,044
- Average household size3.06
- Median household income$67,185
- Median age30.7
Common questions
Lafayette County questions, answered from the record.
How many people live in Lafayette County, Mississippi?
58,327, in 19,044 households, ranking 12th of 82 Mississippi counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lafayette County growing?
The population has grown 7.21 percent since the 2020 census base. In 2024 there were 529 births against 488 deaths, with net migration of 397. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lafayette County?
$67,185. The median owner-occupied home is valued at $315,400, which is 4.7 times income, and median gross rent is $1,085 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lafayette County?
1,435 establishments, employing 19,206 people with an annual payroll of $844.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Lafayette County?
Average annual pay is $50,652, or $974 a week, across 25,442 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lafayette County?
39 7(a) approvals totalling $16.1 m since FY2020, across 19 lenders, with a median approval of $185,000, plus 9 504 approvals worth $9.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Lafayette County get paid back?
Of the 11 loans that have reached a final outcome, 10 were paid in full and 1 charged off, a charge off rate of 9.1 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Lafayette County?
522 housing units were authorised by permit in 2024, with a declared construction value of $171.0 m. Multifamily was 13.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lafayette County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Lafayette County come from?
The largest single origin is Lafayette County Non-migrants, with 16,610 households. Arriving households report an average income of $68,309 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lafayette County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Lafayette County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.