Living in Fayette, Ohio
Cost of living, income, home prices, rent and demographics of Fayette · Census data 2020–2024
Fayette has 969 residents with a median age of 42.1. The median household income is $49,539 (31% lower than the Ohio median), the median home value is $94,400, the median rent is $806/month.
Fayette is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fayette at a glance
- Population
- 969
- Median age
- 42.1State: 39.7
- Median household income
- $49,539State: $71,389
- Median home value
- $94,400State: $214,800
- Median rent
- $806/moState: $1,034
- Homeowners
- 51.2%
- Bachelor's degree or higher
- 10.6%
- Average commute
- 22 min
Is Fayette a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 22 minutes; unemployment of 1.9%.
Cons: Median household income 31% lower than the Ohio median; a poverty rate of 24.5%.
The weather is best in May–June and August–September.
Cost of living in Fayette
Housing is the biggest part of the cost of living. In Fayette the median home value is $94,400, 72% lower than the U.S. median. Renters pay a median of $806 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,102 a month in housing costs.
Fayette median household income
The median household income in Fayette is $49,539 and the income per person is $25,788. 24.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Fayette: homes for sale and rent
- Housing units
- 478
- Owner-occupied
- 51.2%
- Renter-occupied
- 48.8%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.16
Fayette demographics
- Population
- 969
- Median age
- 42.1
- Under 18
- 11.2%
- 65 and older
- 19.1%
- Households
- 449
- Foreign-born
- 7%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Fayette ›
Education in Fayette
10.6% of adults 25 and older in Fayette have a bachelor's degree or higher (Ohio: 31.5%), and 4.5% have a graduate or professional degree.
Jobs and commute in Fayette
- Unemployment rate
- 1.9%State: 4.8%
- Average commute
- 22 minState: 23 min
- Work from home
- 2.2%
- Drive alone
- 70.4%
- Public transit
- 0%
- Walk to work
- 15.7%
- Homes with broadband
- 86.9%
Fayette vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fayette | 969 | $49,539 | $94,400 | $806 |
| Waldron | 603 | $52,750 | $83,700 | $850 |
| Morenci | 2,137 | $59,643 | $104,300 | $846 |
| West Unity | 1,812 | $66,759 | $110,500 | $914 |
| Tedrow | 120 | $40,313 | $117,600 | — |
| Archbold | 4,397 | $72,631 | $176,400 | $755 |
| Pettisville | 447 | $98,594 | $165,600 | $918 |
| Pioneer | 1,024 | $44,671 | $152,400 | $743 |
| Stryker | 1,155 | $72,569 | $119,400 | $850 |
More for people moving to Fayette
Fayette ZIP code ›Weather and climate ›Living in Fayette: FAQ
What is the median household income in Fayette, OH?
The median household income in Fayette is $49,539, 31% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fayette?
The median home value in Fayette is $94,400, compared with $214,800 in Ohio.
How much is rent in Fayette?
The median gross rent in Fayette is $806 per month, about 27.5% of household income.
Is Fayette, OH a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 22 minutes; unemployment of 1.9%. Minuses: median household income 31% lower than the Ohio median; a poverty rate of 24.5%.
What is the median age in Fayette?
The median age in Fayette is 42.1 years (Ohio: 39.7).
How long is the commute in Fayette?
The average commute to work in Fayette is 22 minutes; 2.2% of workers work from home.
What is the unemployment rate in Fayette?
The unemployment rate in Fayette is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fayette?
10.6% of adults in Fayette have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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