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CITY

Fayette

Iowa · 1,185 residents (2025 est.) · 1.497 sq mi
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The short version

Fayette has notably lower household income than the US average, with a median household income of $47,917. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $119,000. At a median age of 23.4, residents skew younger than the country as a whole. The poverty rate of 25.7% is well above the national figure. Households here earn about 36% less than the Iowa median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 23.4
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,309
+1%since 2000
from 1,300 in 2000
1990 – 2025
Population density
874 / sq mi
+1%since 2000
from 868 / sq mi in 2000
US average: 281
Median age
23.4
+2%since 2000
from 22.9 in 2000
US average: 38.9

PEP 2025 EST:1,185 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K1K1K1K1990201020202024Fayette
20241K
1990201020202024
Section 02

Income & economy

Median household income
$47,917
−9%inflation adjusted, since 2000
from $28,750 in 2000
US average: $82,259
1990 – 2024
Per capita income
$22,517
+102%since 2000
from $11,131 in 2000
US average: $44,673
Households earning $100K+
32.4%
+14.7 ptssince 2009
from 17.7% in 2009
US average: 53.3%
Poverty rate
25.7%
+9.3 ptssince 2000
from 16.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.487
−7%since 2010
from 0.524 in 2010
US average: 0.476
Workforce by industry, 2024
Finance & insurance11%
US avg: 5.9%
Professional, scientific, technical10.8%
US avg: 5.1%
Retail trade10.6%
US avg: 9.9%
Information9.8%
US avg: 10.8%
Agriculture, forestry, fishing6.4%
US avg: 1.6%
Construction5%
US avg: 1.2%
Wholesale trade2.8%
US avg: 6.9%
Other services1.8%
US avg: 6.7%
Public administration1.8%
US avg: 4.8%
Manufacturing1.4%
US avg: 0.4%
Arts, entertainment, food0.3%
US avg: 1.9%
Education & health services0.1%
US avg: 0.9%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$119,000
+22%inflation adjusted, since 2000
from $53,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,347
+105%inflation adjusted, since 2000
from $361 in 2000
US average: $1,442
Owner-occupied
53.4%
−14.2 ptssince 2000
from 67.7% in 2000
46.6% rent
Vacancy rate
13.4%
−1.8 ptssince 2009
from 15.2% in 2009
US average: 10.0%
Owner cost-burdened
22.4%
+3.0 ptssince 2009
from 19.4% in 2009
US average: 22.9%
Renter cost-burdened
58.6%
−8.1 ptssince 2009
from 66.7% in 2009
US average: 47.4%
Afford Score
2.5
+33%since 2000
from 1.9 in 2000
1990 – 2024
Gentrification Score
27
RELATED:See current rent listings in Fayette on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic87.7%(1,140)
Black4.8%(63)
Hispanic / Latino3.2%(42)
Asian2.5%(32)
Other0%
Diversity Score24.9%(323)
2024
White, non-Hispanic81.5%(1,067)
Black6.6%(86)
Hispanic / Latino2.5%(33)
Asian2.4%(32)
Other7%(91)
Diversity Score40.6%(532)
Diversity Score
41
+63%since 2000
from 25 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.6%
+5.3 ptssince 2000
from 27.4% in 2000
US average: 35.6%
High school or higher
95.6%
+5.3 ptssince 2000
from 90.3% in 2000
US average: 89.6%
Graduate degree
10.9%
−2.0 ptssince 2000
from 13.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
15.3 min
+39%since 2000
from 11.0 min in 2000
US average: 26.5
Drive alone to work
71.3%
+19.6 ptssince 2009
from 51.7% in 2009
US average: 68.9%
Carpooled to work
10.3%
+7.1 ptssince 2009
from 3.2% in 2009
US average: 8.5%
Public transit
1.0%
+1.0 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.3%
+4.3 ptssince 2009
from 4.0% in 2009
US average: 15.0%
Walked to work
9.2%
−30.7 ptssince 2009
from 39.9% in 2009
US average: 2.4%
Biked to work
0.0%
−1.1 ptssince 2009
from 1.1% in 2009
US average: 0.4%
No vehicle available
2.4%
−7.1 ptssince 2009
from 9.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.4%
−10.0 ptssince 2011
from 15.4% in 2011
US average: 5.2%
Labor force participation
65.9%
+7.0 ptssince 2011
from 58.9% in 2011
US average: 63.5%
Self-employed
14.2%
−17.8 ptssince 2009
from 32.1% in 2009
US average: 13.1%
Management & professional
35.1%
−32.5 ptssince 2009
from 67.6% in 2009
US average: 42.5%
Section 08

People & community

Male
59.4%
+3.2 ptssince 2009
from 56.2% in 2009
Female
40.6%
−3.2 ptssince 2009
from 43.8% in 2009
Foreign born
10.5%
+8.8 ptssince 2009
from 1.8% in 2009
US average: 14.1%
Veterans
4.0%
−48.0 ptssince 2009
from 52.1% in 2009
US average: 6.2%
With a disability
10.6%
+2.9 ptssince 2012
from 7.7% in 2012
US average: 13.3%
Uninsured
5.0%
−84.1 ptssince 2013
from 89.1% in 2013
US average: 8.4%
Broadband at home
92.2%
+19.4 ptssince 2017
from 72.8% in 2017
US average: 91.0%
English only at home
93.4%
+6.1 ptssince 2016
from 87.3% in 2016
US average: 77.7%
Spanish at home
2.2%
−0.8 ptssince 2016
from 3.0% in 2016
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Fayette, Iowa?

Fayette, Iowa has about 1,309 residents according to the 2024 American Community Survey.

What is the median household income in Fayette, Iowa?

The typical household in Fayette, Iowa earns about $47,917 a year. Half of households make more than that, and half make less.

Is Fayette, Iowa expensive?

In Fayette, Iowa, the median home is worth about $119,000, and the typical rent is about $1,347 a month.

How educated are people in Fayette, Iowa?

About 32.6% of adults age 25 and over in Fayette, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Fayette, Iowa?

About 25.7% of people in Fayette, Iowa live below the federal poverty line.

Has Fayette, Iowa grown since 1990?

Yes, Fayette, Iowa has shrunk since 1990. The population has lost about 8 residents, a change of about -1 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Fayette, Iowa: demographics, income & housing data · CensusEasy