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CITY · 2020 ACS

Fayette

Iowa · 1,256 residents · 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 $34,706. Population has declined 3% since 2000. Median home value has risen by half since 2000, reaching $87,600. At a median age of 24.0, residents skew younger than the country as a whole. The poverty rate of 31.9% is well above the national figure. Households here earn about 44% less than the Iowa median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 24.0
US median: 38.8
Average education
33% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,256
−3%since 2000
from 1,300 in 2000
1990 – 2025
Population density
839 / sq mi
−3%since 2000
from 868 / sq mi in 2000
US average: 280
Median age
24.0
+5%since 2000
from 22.9 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K1K1K1K1990201020202024Fayette
20241K
1990201020202024
Section 02

Income & economy

Median household income
$34,706
−20%inflation adjusted, since 2000
from $28,750 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,822
+177%since 2000
from $11,131 in 2000
US average: $35,364
Households earning $100K+
23.4%
+5.7 ptssince 2009
from 17.7% in 2009
US average: 43.9%
Poverty rate
31.9%
+15.5 ptssince 2000
from 16.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.3%
US avg: 11.1%
Finance & insurance8.6%
US avg: 5.5%
Professional, scientific, technical8.6%
US avg: 4.7%
Retail trade8.4%
US avg: 10%
Agriculture, forestry, fishing6.4%
US avg: 1.7%
Construction4.3%
US avg: 1.2%
Wholesale trade4.1%
US avg: 6.7%
Arts, entertainment, food2.5%
US avg: 2%
Manufacturing2.1%
US avg: 0.5%
Transportation & warehousing1.6%
US avg: 2.5%
Other services0.7%
US avg: 6.6%
Education & health services0%
US avg: 0.8%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$87,600
+9%inflation adjusted, since 2000
from $53,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$694
+28%inflation adjusted, since 2000
from $361 in 2000
US average: $1,124
Owner-occupied
59.2%
−8.5 ptssince 2000
from 67.7% in 2000
40.8% rent
Afford Score
2.5
+35%since 2000
from 1.9 in 2000
1990 – 2024
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)
2020
White, non-Hispanic87.2%(1,095)
Black4.3%(54)
Hispanic / Latino3.8%(48)
Asian1.9%(24)
Other0.4%(4)
Diversity Score24.7%(310)
Diversity Score
25
−1%since 2000
from 25 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.5%
+5.1 ptssince 2000
from 27.4% in 2000
US average: 32.9%
High school or higher
95.1%
+4.9 ptssince 2000
from 90.3% in 2000
US average: 88.5%
Graduate degree
10.8%
−2.2 ptssince 2000
from 13.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
12.5 min
+13%since 2000
from 11.0 min in 2000
US average: 26.9
Drive alone to work
71.0%
+19.3 ptssince 2009
from 51.7% in 2009
US average: 75.1%
No vehicle available
6.5%
−3.0 ptssince 2009
from 9.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.6%
−10.8 ptssince 2011
from 15.4% in 2011
US average: 5.4%
Labor force participation
55.8%
−3.1 ptssince 2011
from 58.9% in 2011
US average: 63.4%
Management & professional
31.6%
−36.0 ptssince 2009
from 67.6% in 2009
US average: 39.3%
Section 08

People & community

Male
53.4%
−2.9 ptssince 2009
from 56.2% in 2009
Female
46.6%
+2.9 ptssince 2009
from 43.8% in 2009
Foreign born
9.9%
+8.1 ptssince 2009
from 1.8% in 2009
US average: 13.5%
Uninsured
6.2%
−82.9 ptssince 2013
from 89.1% in 2013
US average: 8.8%
Drill deeper

Places similar to Fayette

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Head to head

Compare Fayette to nearby cities

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FAYETTE VS
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FAYETTE VS
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Income$76,987+122%
Home value$263,600+201%
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FAYETTE VS
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Income$86,743+150%
Home value$241,700+176%
Population42,732+3506%
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Frequently asked

How many people live in Fayette, Iowa?

Fayette, Iowa has about 1,256 residents according to the 2020 American Community Survey.

What is the median household income in Fayette, Iowa?

The typical household in Fayette, Iowa earns about $34,706 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 $87,600, and the typical rent is about $694 a month.

How educated are people in Fayette, Iowa?

About 32.5% 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 31.9% 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 61 residents, a change of about -5 percent over that period.

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

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