Fayette

Population: 1,242
Median household income: $39,297
Median home value: $123,300

Fayette, a community in Fayette County, Iowa, has 1,242 residents. At $39,297, its median household income sits below Fayette County's $58,764.

From 2019 to 2023, Fayette's population grew 11.6% from 1,113 to 1,242, while its median home value rose 43.2% from $86,100 to $123,300.

Owners occupy 47.4% of the area's occupied homes. The median resident is 28.3 years old.

Demographics

ACS 2019–2023

Population: 1,242
Median age: 28.3 yrs
Median household income: $39,297
Median home value: $123,300
Median gross rent: $963
Housing units: 542
Homeownership rate: 47.4%
Bachelor's degree or higher: 28.5%
Unemployment rate: 6.8%

Trends

ACS 5-year · 2019–2023

Population

1,1131,242

Median household income

$35,813$39,297

Median home value

$86,100$123,300

Median gross rent

$651$963

Year	Population	Median household income	Median home value	Median gross rent
2019	1,113	$35,813	$86,100	$651
2020	1,141	$34,706	$87,600	$694
2021	1,139	$35,682	$88,600	$821
2022	1,179	$39,375	$108,300	$923
2023	1,242	$39,297	$123,300	$963

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.3%

5 to 178.7%

18 to 2435.9%

25 to 3413.8%

35 to 447.6%

45 to 546.7%

55 to 647.0%

65 to 748.8%

75 and over9.2%

	Count	Share
Under 5	29	2.3%
5 to 17	108	8.7%
18 to 24	446	35.9%
25 to 34	172	13.8%
35 to 44	94	7.6%
45 to 54	83	6.7%
55 to 64	87	7.0%
65 to 74	109	8.8%
75 and over	114	9.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	933	75.1%
Black or African American	105	8.5%
American Indian & Alaska Native	35	2.8%
Asian	73	5.9%
Native Hawaiian & Pacific Islander	1	0.1%
Some other race	1	0.1%
Two or more races	56	4.5%
Hispanic or Latino (any race)	38	3.1%

Educational attainment (age 25+)

No high school diploma7.6%

High school graduate34.0%

Some college or associate's29.9%

Bachelor's degree17.5%

Graduate or professional degree11.1%

	Count	Share
No high school diploma	50	7.6%
High school graduate	224	34.0%
Some college or associate's	197	29.9%
Bachelor's degree	115	17.5%
Graduate or professional degree	73	11.1%

Commute to work

Mean travel time to work: 15 min

Drove alone77.5%

Carpooled6.9%

Public transit0.5%

Walked7.2%

Bicycle0.0%

Worked from home7.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	514	77.5%
Carpooled	46	6.9%
Public transit	3	0.5%
Walked	48	7.2%
Bicycle	0	0.0%
Worked from home	52	7.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	386	63.2%
15 to 29 min	174	28.5%
30 to 44 min	16	2.6%
45 to 59 min	0	0.0%
60+ min	35	5.7%

Households

Average household size: 1.92
Poverty rate: 25.1% (228 of 910)

	Count	Share
Family households	184	38.7%
Nonfamily households	291	61.3%

Housing

Median year structure built: 1945

Occupancy

	Count	Share
Occupied	475	87.6%
Vacant	67	12.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	225	47.4%
Renter-occupied	250	52.6%

1-unit, detached75.5%

1-unit, attached0.0%

2 to 4 units13.8%

5 to 19 units6.3%

20 or more units1.7%

Mobile home & other2.8%

Units in structure

	Count	Share
1-unit, detached	409	75.5%
1-unit, attached	0	0.0%
2 to 4 units	75	13.8%
5 to 19 units	34	6.3%
20 or more units	9	1.7%
Mobile home & other	15	2.8%

Geography

Place GEOID: 1927165
Type (LSAD): 25
Land area: 1.5 sq mi
Water area: 0 sq mi
Center point: 42.8418, -91.8038