Median Household Income
$47,917 ± $15,829
Median Home Value
$119,000 ± $14,046
Median Gross Rent
$1,347 ± $792/mo
Per Capita Income
$22,517
Poverty Rate
25.7%
Unemployment Rate
5.4%
Homeownership Rate
53.4%
Bachelor's Degree or Higher
32.6%
Median Age
23.4
Average Commute
14 min
Households
451
Veterans
47
Population Over Time
Fayette grew 8.5% from 2014 to 2024.
2014
1,206
2016
1,196
2018
1,146
2020
1,141
2022
1,179
2024
1,309
Population by Race & Ethnicity
White
81.7%
Hispanic or Latino
2.5%
Black or African American
6.6%
Asian
2.4%
Nearby Cities in Iowa
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.