Fayette vs New Franklin

A side-by-side comparison of Fayette and New Franklin: population, income, housing, and more.

Fayette and New Franklin are places in Missouri. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Fayette has the higher population (2,800 vs 1,015 in New Franklin). Fayette has the higher median household income ($58,750 vs $53,056 in New Franklin). Fayette has the higher median home value ($128,700 vs $117,700 in New Franklin).

Population, income & housing

	Fayette	New Franklin
Population	2,800	1,015
Median age	23.0 yrs	41.2 yrs
Median household income	$58,750	$53,056
Median home value	$128,700	$117,700
Median gross rent	$855	$680
Housing units	998	452
Homeownership rate	67.2%	62.2%
Bachelor's degree or higher	36.6%	22.4%
Unemployment rate	1.7%	4.5%

Trends (ACS 5-year, 2019–2023)

	Fayette	New Franklin
Population	2,693 → 2,800 (+4.0%)	1,191 → 1,015 (-14.8%)
Median household income	$46,224 → $58,750 (+27.1%)	$34,135 → $53,056 (+55.4%)
Median home value	$94,700 → $128,700 (+35.9%)	$92,500 → $117,700 (+27.2%)
Median gross rent	$758 → $855 (+12.8%)	$458 → $680 (+48.5%)

Fayette

Population

2,6932,800

Median household income

$46,224$58,750

Median home value

$94,700$128,700

Median gross rent

$758$855

New Franklin

Population

1,1911,015

Median household income

$34,135$53,056

Median home value

$92,500$117,700

Median gross rent

$458$680

Age & race/ethnicity

Age distribution (share)

	Fayette	New Franklin
Under 5	5.1%	8.7%
5 to 17	18.6%	12.6%
18 to 24	29.9%	6.1%
25 to 34	10.5%	14.8%
35 to 44	8.5%	13.9%
45 to 54	7.5%	8.9%
55 to 64	8.0%	11.6%
65 to 74	5.5%	12.3%
75 and over	6.4%	11.1%

Race & ethnicity (share)

	Fayette	New Franklin
White (non-Hispanic)	80.8%	90.4%
Black or African American	13.1%	4.2%
American Indian & Alaska Native	0.7%	1.4%
Asian	0.9%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.7%	0.0%
Two or more races	1.2%	3.5%
Hispanic or Latino	1.7%	0.4%

Educational attainment (age 25+)

Share of adults 25+

	Fayette	New Franklin
No high school diploma	9.8%	17.0%
High school graduate	32.3%	37.3%
Some college or associate's	21.2%	23.3%
Bachelor's degree	19.6%	13.3%
Graduate or professional degree	17.0%	9.1%

Commute to work

How workers get to work (share)

	Fayette	New Franklin
Drove alone	69.9%	75.5%
Carpooled	12.5%	14.3%
Public transit	0.0%	0.0%
Walked	6.1%	3.4%
Bicycle	0.0%	0.0%
Worked from home	10.6%	3.9%
Other means	0.9%	2.9%

Housing

Units in structure (share)

	Fayette	New Franklin
1-unit, detached	77.4%	69.7%
1-unit, attached	2.5%	0.4%
2 to 4 units	14.1%	13.3%
5 to 19 units	2.3%	0.0%
20 or more units	0.4%	1.3%
Mobile home & other	3.3%	15.3%

Poverty & households

	Fayette	New Franklin
Poverty rate	15.8%	18.5%
Average household size	2.91	2.70
Mean commute (minutes)	21	37
Median year structure built	1956	1969