Of Lafayette residents over the age of 25, 82% have a high school diploma or higher. The per capita income of Lafayette is $21,031. The economy of Lafayette was dependent on agriculture and manufacturing for a long time and, later in the city's history, has become dependent on natural gas and energy. These days, retail trade, health care, hospitality, and food services, as well as professional, scientific, and technical services are the leading employment sectors in Lafayette, LA.
Lafayette is a popular travel destination due to its strong Cajun and Creole cultures. Naturally, businesses in the region are eager to cater to the needs of traveling businesspeople and tourists who come to sample the sights and sounds of the Mississippi Delta. Popular annual festivals in Lafayette include Festival de Musique Acadienne, Festivals of Acadiens, and Festival De International LA. The top employers in Lafayette include the school board of Lafayette Parish, LHC Group, Ace Group, Acadian Ambulance and Air Med Service, Wall-Mart Stores, the local university, and Lafayette General Medical Center.
On the whole, the economy of Lafayette is strong and healthy, thanks to aggressive business development and the influx of tourist dollars. In addition, the city is well known for its lively parties, buoyant culture, and delicious food.
Sources:
- Lafayette City Home Page
- City Data, Lafayette, LA
- Epodunk, Lafayette, Indiana
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