Last updated: 2024 BLS data · Page refreshed:
Fayette has a population of 969 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 969 |
| Median Age | 42.1 |
| White | 93.0% |
| Asian | 0.7% |
| Hispanic or Latino | 7.3% |
The median household income in Fayette is $49,539, which is 38.5% below the national median of $80,610. The per capita income is $25,788. The poverty rate is 24.5%.
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In Fayette, 84.3% of residents age 25+ have a high school diploma or higher, and 10.6% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.3% |
| Bachelor's Degree or Higher | 10.6% |
| Graduate or Professional Degree | 4.5% |
The median home value in Fayette is $94,400, below the national median of $303,400. The median monthly rent is $806. The homeownership rate is 51.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $94,400 |
| Median Monthly Rent | $806 |
| Homeownership Rate | 51.2% |
| Vacancy Rate | 6.1% |
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