Real Estate details: Lafayette IN vs Socorro NM
RE Insights
| Metric | Lafayette | Socorro |
|---|---|---|
| Population | 71,402 | 16,115 |
| Median Home Price | $218,000 | $209,000 |
| Rent | 54% | 25% |
| Own | 46% | 75% |
Real Estate Insights Comparison: Lafayette vs Socorro
- Lafayette has a larger population of 71,402 compared to 16,115 in Socorro.
- A higher median home price of $218,000 is found in Lafayette compared to $209,000 in Socorro.
- Rent in Lafayette is higher at 54% compared to 25% in Socorro.
- More homeowners can be found in Socorro at 75% compared to 46% in Lafayette.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.