Living in Fayette, Utah

Cost of living, income, home prices, rent and demographics of Fayette · Census data 2020–2024

Fayette has 471 residents with a median age of 24.4. The median household income is $75,833 (20% lower than the Utah median), the median home value is $327,800.

Fayette is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Fayette at a glance

Population
471
Median age
24.4State: 32
Median household income
$75,833State: $95,166
Median home value
$327,800State: $489,400
Homeowners
73.3%
Bachelor's degree or higher
31.2%
Average commute
25 min

Is Fayette a good place to live?

Pros: Home values 33% lower than the state median; a poverty rate of 6.6%.

Cons: Median household income 20% lower than the Utah median; an average commute of 25 minutes; unemployment of 14%.

The weather is best in May–June and September–October.

Cost of living in Fayette

Housing is the biggest part of the cost of living. In Fayette the median home value is $327,800, about the same as the U.S. median. Renters pay a median of — per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,421 a month in housing costs.

Median home value

Fayette$327,800
Utah$489,400
United States$332,700

Median monthly rent

Utah$1,496
United States$1,413

Fayette median household income

The median household income in Fayette is $75,833 and the income per person is $24,399. 6.6% of residents live below the poverty line (Utah: 8.5%).

Median household income

Fayette$75,833
Utah$95,166
United States$80,734

Housing in Fayette: homes for sale and rent

Housing units
145
Owner-occupied
73.3%
Renter-occupied
26.7%
Vacant
20%Includes seasonal homes
Median year built
1990
Average household size
4.06

Fayette demographics

Population
471
Median age
24.4
Under 18
36.9%
65 and older
7.4%
Households
116
Foreign-born
8.7%
Veterans
6.4%Adults 18+

Race and ethnicity

White76.4%
Hispanic or Latino12.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Fayette ›

Education in Fayette

31.2% of adults 25 and older in Fayette have a bachelor's degree or higher (Utah: 37.7%), and 1.3% have a graduate or professional degree.

Bachelor's degree or higher

Fayette31.2%
Utah37.7%
United States35.7%

Jobs and commute in Fayette

Unemployment rate
14%State: 3.6%
Average commute
25 minState: 22 min
Work from home
0%
Drive alone
92.1%
Public transit
0%
Walk to work
0%
Homes with broadband
98.3%

Fayette vs nearby towns

TownPopulationMedian incomeHome valueRent
Fayette471$75,833$327,800—
Gunnison3,562$70,833$290,900$1,076
Centerfield1,240$77,778$315,200$854
Sterling281$66,359$243,800$1,094
Mayfield384$80,000$316,000$618
Manti3,594$62,614$310,700$995
Scipio466$75,313$311,300—
Redmond767$77,083$267,700—
Ephraim5,949$66,541$423,700$928

More for people moving to Fayette

Fayette ZIP code ›Weather and climate ›

Living in Fayette: FAQ

What is the median household income in Fayette, UT?

The median household income in Fayette is $75,833, 20% lower than the Utah median of $95,166 (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 $327,800, compared with $489,400 in Utah.

Is Fayette, UT a good place to live?

Pluses: home values 33% lower than the state median; a poverty rate of 6.6%. Minuses: median household income 20% lower than the Utah median; an average commute of 25 minutes; unemployment of 14%.

What is the median age in Fayette?

The median age in Fayette is 24.4 years (Utah: 32).

How long is the commute in Fayette?

The average commute to work in Fayette is 25 minutes; 0% of workers work from home.

What is the unemployment rate in Fayette?

The unemployment rate in Fayette is 14% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fayette?

31.2% 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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