City

Fayette, IA

1 ZIP code  ·  Fayette County  ·  Iowa

👥1,992Population
💰$48,718Median HH Income▼ 36% below avg
🎂31.4Median Age
🏠$183,200Median Home Value▼ 34% below avg
🎓40.4%College Grads≈ Avg
📊5.0%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.3% Female 45.7% ♀

Race & Ethnicity

White: 80.8%Hispanic: 5.6%Black: 5.3%Asian: 3.7%Other: 2.8%Race
White80.8%
Hispanic5.6%
Black5.3%
Asian3.7%
Other2.8%

Age Breakdown

Under 5
8%
5–17
10%
18–24
25%
25–44
22%
45–64
18%
65+
7%

Key Indicators

Median Age31.4 yrs
Avg HH Size2.12
Below Poverty17.0% ▲ 70% above avg
College Grads40.4% ≈ Avg
Unemployment5.0% ≈ Avg
No HS Diploma6 (0.6%)
HS Graduate393 (36.3%)
Some College134 (12.4%)
Associates113 (10.4%)
Bachelors148 (13.7%)
Graduate Degree289 (26.7%)

Education

No HS: 0.6%HS Grad: 36.3%Some College: 12.4%Associates: 10.4%Bachelors: 13.7%Graduate: 26.7%Edu
No HS0.6%
HS Grad36.3%
Some College12.4%
Associates10.4%
Bachelors13.7%
Graduate26.7%
Housing & Income

Housing Tenure

Owner: 60.2%Renter: 39.8%Tenure
Owner60.2%
Renter39.8%

Home Value Distribution

Under $50k
6%
$50k–$100k
16%
$100k–$150k
20%
$150k–$200k
12%
$200k–$300k
32%
$300k–$500k
11%
Over $500k
4%

Financials

Median HH Income$48,718 ▼ 36% below avg
Median Home Value$183,200 ▼ 34% below avg
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$869/mo
Total Housing Units813
Vacant Units67

Income Distribution

Under $25k
28%
$25k–$50k
22%
$50k–$75k
12%
$75k–$100k
10%
$100k–$150k
17%
$150k–$200k
7%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
83%
Public Transit
0%
Walked
6%
Work From Home
10%

Commute Time

Under 15 min
54%
15–30 min
32%
30–45 min
10%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
11%
1960s–1970s
10%
1980s–1990s
13%
2000+
63%
About Fayette, IA

Fayette is a city in Iowa, located in Fayette County. The city spans 1 ZIP code and is home to approximately 1,992 residents. It is a relatively young city, with a median age of 31.4 years.

Economically, Fayette is a working-class community. The median household income of $48,718 is below the national average. Approximately 17.0% of residents live below the poverty line. The unemployment rate is 5.0%, near the national average.

The real estate market in Fayette is an affordable housing market. Median home values stand at $183,200, which is below the national average. Renters typically pay around $869 per month. Homeownership is high at 60.2%, typical of suburban and family-oriented communities.

The population of Fayette is well-educated. 40.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (80.82%).

Fayette, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Fayette
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
52142 1,992 $48,718 $183,200 $869 5.0% 40.4% 60.2%