Construction Value
$80.8M ▲ 37.7%
Units Permitted
661 ▲ 27.9%
Avg Value / Unit
$122K
2024 · Census Bureau Building Permits Survey
Construction activity in Lafayette jumped in 2024, up 27.9% from the prior year with 661 housing units permitted. At $122K per unit, new builds are 54% below the Tippecanoe County average of $268K, indicating more affordable construction. Volume is 241% above the county average of 194 units, suggesting faster-than-typical growth. 97.1% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Predominantly multi-unit and higher-density construction.
Construction Intensityi
$1K
per resident
vs $20K county avg
$2.7M
per square mile
Lafayette vs. Tippecanoe County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 19 | 19 | $4.8M | 6% |
| ■ Duplex | 10 | 5 | $1.2M | 1% |
| ■ 3-4 Unit | 4 | 1 | $770K | 1% |
| ■ 5+ Unit | 628 | 24 | $74.1M | 92% |
County Ranking by Construction Volume
Among 60 permit-issuing towns in Tippecanoe County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →