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Fayette, Utah

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
471
Population
$75,833
Median Income
$327,800
Home Value
24.4
Median Age

Demographics

Fayette has a population of 471 with a median age of 24.4. Here is the racial and ethnic breakdown of the population:

White
76.4%
Hispanic
12.7%
Other
10.9%
Demographic Value
Total Population471
Median Age24.4
White76.4%
Hispanic or Latino12.7%
Other / Two or More Races10.9%
Fayette, Utah — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 76.4%Hispanic/Latino: 12.7%Other: 10.9%471PopulationWhiteWhite76.4%Hispanic/LatinoHispanic/Latino12.7%OtherOther10.9%

Income & Economy

The median household income in Fayette is $75,833, which is 5.9% below the national median of $80,610. The per capita income is $24,399. The poverty rate is 6.6%.

$75,833
Median Household Income
$24,399
Per Capita Income
6.6%
Poverty Rate

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Education

In Fayette, 87.4% of residents age 25+ have a high school diploma or higher, and 31.2% hold a bachelor's degree or higher (1.3% with a graduate or professional degree).

HS Diploma+
87.4%
Bachelor's+
31.2%
Graduate+
1.3%
Education Level % of Adults (25+)
High School Diploma or Higher87.4%
Bachelor's Degree or Higher31.2%
Graduate or Professional Degree1.3%

Housing

The median home value in Fayette is $327,800, above the national median of $303,400. The homeownership rate is 73.3%.

$327,800
Median Home Value
73.3%
Homeownership Rate
Housing Metric Value
Median Home Value$327,800
Homeownership Rate73.3%
Vacancy Rate20.0%

Salaries in Utah

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Frequently Asked Questions

What is the population of Fayette, Utah?
The population of Fayette, Utah is 471 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fayette, Utah?
The median household income in Fayette, Utah is $75,833. This is 5.9% below the national median of $80,610.
What is the median home value in Fayette, Utah?
The median home value in Fayette, Utah is $327,800.
What percentage of people in Fayette have a college degree?
In Fayette, Utah, 31.2% of adults age 25 and older hold a bachelor's degree or higher, and 87.4% have a high school diploma or higher.
Is Fayette, Utah an affordable place to live?
The home price-to-income ratio in Fayette, Utah is 4.3x (median home value $327,800 vs. median income $75,833), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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