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Fayette, Alabama

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,164
Population
$36,473
Median Income
$122,000
Home Value
36.5
Median Age

Demographics

Fayette has a population of 4,164 with a median age of 36.5. Here is the racial and ethnic breakdown of the population:

White
69.4%
Black
20.2%
Other
8.9%
Hispanic
1.5%
Demographic Value
Total Population4,164
Median Age36.5
White69.4%
Black or African American20.2%
Hispanic or Latino1.5%
Other / Two or More Races8.9%
Fayette, Alabama — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 69.4%Black: 20.2%Other: 8.9%Other: 1.5%4,164PopulationWhiteWhite69.4%BlackBlack20.2%OtherOther8.9%OtherOther1.5%

Income & Economy

The median household income in Fayette is $36,473, which is 54.8% below the national median of $80,610. The per capita income is $26,513. The poverty rate is 42.0%.

$36,473
Median Household Income
$26,513
Per Capita Income
42.0%
Poverty Rate

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Education

In Fayette, 89.4% of residents age 25+ have a high school diploma or higher, and 18.7% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).

HS Diploma+
89.4%
Bachelor's+
18.7%
Graduate+
8.7%
Education Level % of Adults (25+)
High School Diploma or Higher89.4%
Bachelor's Degree or Higher18.7%
Graduate or Professional Degree8.7%

Housing

The median home value in Fayette is $122,000, below the national median of $303,400. The median monthly rent is $640. The homeownership rate is 56.1%.

$122,000
Median Home Value
$640/mo
Median Rent
56.1%
Homeownership Rate
Housing Metric Value
Median Home Value$122,000
Median Monthly Rent$640
Homeownership Rate56.1%
Vacancy Rate27.8%

Salaries in Alabama

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Fayette, Alabama?
The population of Fayette, Alabama is 4,164 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fayette, Alabama?
The median household income in Fayette, Alabama is $36,473. This is 54.8% below the national median of $80,610.
What is the median home value in Fayette, Alabama?
The median home value in Fayette, Alabama is $122,000. The median monthly rent is $640.
What percentage of people in Fayette have a college degree?
In Fayette, Alabama, 18.7% of adults age 25 and older hold a bachelor's degree or higher, and 89.4% have a high school diploma or higher.
Is Fayette, Alabama an affordable place to live?
The home price-to-income ratio in Fayette, Alabama is 3.3x (median home value $122,000 vs. median income $36,473), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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