Fayette, Mississippi Unemployment

Fayette, Mississippi has a population of 1,400, with a median household income of $22,400.

Current unemployment data for Fayette.

16.20%

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Population

1,400

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Median Income

$22,400

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Unemployment

16.20%

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Housing Price

$75,000

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Crime Rate

14.10

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Internet Speed

200.00 Mbps

Fayette is a small local community located in Mississippi. The city has a population that is below the average city population in Mississippi, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Fayette, located in Mississippi, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Fayette has a population of 1,400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fayette is $22,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Fayette is about $75,000, making it relatively affordable compared to many cities in Mississippi.

Employment and Safety

The unemployment rate in Fayette is 16.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Fayette are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Mississippi, Fayette shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Fayette continues to play a role in shaping regional trends in Mississippi, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Fayette

What is the population of Fayette?

The population of Fayette is approximately 1,400.

Is Fayette a good place to live?

Fayette offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Fayette?

The median household income in Fayette is around $22,400.

How expensive is housing in Fayette?

The average housing price in Fayette is approximately $75,000.