Fayette, IA demographics:
population, income, and more
Fayette population
How many people live in Fayette
Fayette is home to 1,309 residents, according to the most recent Census data. Gender-wise, 59.4% of Fayette locals are male, and 40.6% are female.
Age demographics
The median age in Fayette is 23, with the population distributed as follows: about 7.9% are children under 15, then 43.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 17% of the population, while another 17.3% fall into the 45 to 64 bracket. Finally, around 13.9% are 65 or older.
Racial makeup
In Fayette, 88.4% of the population are US-born citizens, while 1.8% have gained naturalized citizenship. At the same time, 9.8% of residents are non-citizens. As for race, 81.7% of locals are Caucasian, 6.6% are African American and 2.4% have Asian roots. Another 1.6% are Indigenous American, 0.1% are Pacific Islanders, while 1.6% identify as another race. There’s also a share of 6% that includes residents with two or more races.
Households in Fayette
A peek inside Fayette households
Fayette has 451 households, with an average of 2 members in each. Of these, 42.1% are families, while the remaining 57.9% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Fayette
The housing landscape of Fayette
Fayette's housing consists of 521 units, with 73.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4% of the housing landscape.
The age of buildings in Fayette
In Fayette, the median construction year is 1951. About 46.3% of homes were built before the 1940s, with another 3.3% going up by 1949. Most development happened in the second half of the 20th century.
Fayette occupancy rates
Out of the 451 occupied housing units in Fayette, 53.4% are owner-occupied, while 46.6% are lived in by tenants. Meanwhile, 13.4% of all homes on the local market sit vacant.
Fayette housing costs
Housing costs in Fayette come to a median of $1,089 per month, while tenants specifically pay a median gross rent of $1,347.
Education in Fayette
Fayette education at a glance
About 27.3% of the population in Fayette went to high school, while 40.3% pursued college studies. Another 12.7% earned an associate degree and 12.5% hold a bachelor’s. Meanwhile, 6.4% went even further, earning a master’s or doctorate.
Income in Fayette
How much people earn in Fayette
The average annual household income in Fayette was $57,513 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +13.6% change from the previous year. At the same time, the median income stood at $47,917, reflecting a +21.9% shift over the same period.
Fayette income by age
In Fayette, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $66,071. Those with someone between 45 and 64 in charge, often well established professionally, earn $91,333 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $8,853, while those led by someone over 65, many of whom may be retired, have about $29,643 in earnings. Overall, 73.9% of the locals in this community live above the poverty line.
Employment in Fayette
Workforce and job types in Fayette
The job market in Fayette is powered by 738 working residents, spread across a range of industries and roles. 75.6% of the working population are employed in professional or administrative positions, while 24.4% are in hands-on or service-based jobs. Also, 5.3% run their own businesses, 69.5% are employed by private companies, and 11.6% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Fayette stands at 5.4%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Fayette
How people get around in Fayette
Commuting methods vary: 81.6% of residents travel by personal vehicle and 9.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Fayette by zipcode?
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FAQs about Fayette demographics
What is the total population of Fayette?
What is the gender ratio in Fayette?
- 59.4% males (778 residents)
- 40.6% females (531 residents)
What is the median age in Fayette?
What is the age distribution of the population in Fayette?
- Under 15: 7.9% (104 residents)
- Ages 15-24: 43.8% (574 residents)
- Ages 25-44: 17% (222 residents)
- Ages 45-64: 17.3% (227 residents)
- Over 65: 13.9% (182 residents)
What is the racial and ethnic makeup of Fayette?
- White: 81.7% (1,070 residents)
- Black or African American: 6.6% (86 residents)
- American Indian and Alaska Native: 1.6% (21 residents)
- Asian: 2.4% (32 residents)
- Native Hawaiian and Other Pacific Islander: 0.1% (1 residents)
- Two or More Races: 6% (78 residents)
- Other: 1.6% (21 residents)
What percentage of the population in Fayette are U.S.-born citizens?
How many housing units are there in Fayette?
How many households are in Fayette and what is the average household size?
What is the median household income in Fayette?
What is the employment rate and job market overview for Fayette?
Job types:
- White-collar workers: 75.6% (558 residents)
- Blue-collar workers: 24.4% (180 residents)
Places of employment:
- Self-employed: 5.3% (39 residents)
- Private companies: 69.5% (513 residents)
- Governmental workers: 11.6% (86 residents)
- Not-for-profit companies: 13.6% (100 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.