In 2023, Fayette, IA had a population of 1.24k people with a median age of 28.3 and a median household income of $39,297. Between 2022 and 2023 the population of Fayette, IA grew from 1,179 to 1,242, a 5.34% increase and its median household income declined from $39,375 to $39,297, a −0.198% decrease.
The 5 largest ethnic groups in Fayette, IA are White (Non-Hispanic) (75.1%), Black or African American (Non-Hispanic) (8.45%), Asian (Non-Hispanic) (5.88%), Two+ (Non-Hispanic) (4.51%), and American Indian & Alaska Native (Non-Hispanic) (2.82%).
None of the households in Fayette, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
86.4% of the residents in Fayette, IA are U.S. citizens.
The largest universities in Fayette, IA are Upper Iowa University (1,328 degrees awarded in 2022).
In 2023, the median property value in Fayette, IA was $123,300, and the homeownership rate was 47.4%.
Most people in Fayette, IA drove alone to work, and the average commute time was 14.8 minutes. The average car ownership in Fayette, IA was 1 car per household.