Real Estate details: Lafayette LA vs Essex MA
RE Insights
| Metric | Lafayette | Essex |
|---|---|---|
| Population | 121,389 | 3,504 |
| Median Home Price | $215,000 | $522,500 |
| Rent | 44% | 24.5% |
| Own | 56% | 75.5% |
Real Estate Insights Comparison: Lafayette vs Essex
- Lafayette has a larger population of 121,389 compared to 3,504 in Essex.
- The median home price in Essex is higher at $522,500 compared to $215,000 in Lafayette.
- Rent in Lafayette is higher at 44% compared to 24.5% in Essex.
- More homeowners can be found in Essex at 75.5% compared to 56% 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.