Fayette, Iowa Housing

Fayette, Iowa has a population of 1,280, with a median household income of $56,700.

Current housing data for Fayette.

$611,200

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Population

1,280

💰

Median Income

$56,700

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Unemployment

3.10%

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Housing Price

$611,200

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Crime Rate

2.80

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Internet Speed

209.00 Mbps

Fayette is a small local community located in Iowa. The city has a population that is below the average city population in Iowa, 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 Iowa, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Fayette has a population of 1,280, 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 $56,700, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Fayette average around $611,200, which is relatively high compared to other cities in Iowa.

Employment and Safety

The unemployment rate in Fayette is 3.10%, which is lower than the state average, indicating a relatively strong job market. Fayette has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

As part of Iowa, Fayette contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Fayette

What is the population of Fayette?

The population of Fayette is approximately 1,280.

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 $56,700.

How expensive is housing in Fayette?

The average housing price in Fayette is approximately $611,200.