Fayette, MS

Census Place

2024 Population

1,691

US Senator

Roger Wicker

Republican Party

US Senator

Cindy Hyde-Smith

Republican Party

2024 Median Age

33.7

4.26% 1-year decrease

2024 Poverty Rate

38%

1.37% 1-year increase

2024 Median Household Income

$28,567

12.5% 1-year growth

2024 Median Property Value

$95,000

28.7% 1-year growth

Economy

The economy of Fayette, MS employs 513 people. In 2024, the largest industries in Fayette, MS were Health Care & Social Assistance (83 people), Utilities (80 people), and Retail Trade (73 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($104,980), Retail Trade ($42,434), and Health Care & Social Assistance ($34,219).

Employment

Occupations

513

2024 Value

± 189

16.3%

1 Year growth

± 45.5%

From 2023 to 2024, employment in Fayette, MS grew at a rate of 16.3%, from 441 employees to 513 employees.

The most common job groups, by number of people living in Fayette, MS, are Installation, Maintenance, & Repair Occupations (80 people), Transportation Occupations (67 people), and Building & Grounds Cleaning & Maintenance Occupations (57 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fayette, MS.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Mississippi.

This chart shows weekly unemployment insurance claims in Mississippi (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

513

2024 Value

± 189

16.3%

1 Year growth

± 45.5%

From 2023 to 2024, employment in Fayette, MS grew at a rate of 16.3%, from 441 employees to 513 employees.

The most common employment sectors for those who live in Fayette, MS, are Health Care & Social Assistance (83 people), Utilities (80 people), and Retail Trade (73 people). This chart shows the share breakdown of the primary industries for residents of Fayette, MS, though some of these residents may live in Fayette, MS and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$73,833

Median earning men ± $37,631

$22,207

Median earning women ± $6,934

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($104,980) and Educational Services, & Health Care & Social Assistance ($16,019).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($45,929) and Public Administration ($22,361).

Housing & Living

The median property value in Fayette, MS was $95,000 in 2024, which is 0.286 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $73,800 to $95,000, a 28.7% increase. The homeownership rate in Fayette, MS is 59.2%, which is lower than the national average of 65.2%.

People in Fayette, MS have an average commute time of 16.1 minutes, and they drove alone to work. Car ownership in Fayette, MS is lower than the national average, with an average of 1 car per household.

Housing

Property

$95,000

Median Property Value 2024

±$43,942

$339

Median Property Taxes

±$132

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fayette, MS the largest share of households pay taxes in the None range.

The chart underneath the paragraph shows the property taxes in Fayette, MS compared to it's parent and neighbor geographies.

Rent vs Own

59.2%

Homeownership

2024

63.9%

Homeowners with Mortgage

2024

In 2024, 59.2% of the housing units in Fayette, MS were occupied by their owner. This percentage grew from the previous year's rate of 50.3%.

This chart shows the percentage of owner in Fayette, MS compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$28,567

Median Household Income

± $9,685

573

Number of Households

± 162

In 2024, the median household income of the 573 households in Fayette, MS grew to $28,567 from the previous year's value of $25,383.

The following chart displays the households in Fayette, MS distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

Wage Distribution

The closest comparable wage GINI for Fayette, MS is from Mississippi.

0.447

2024 Wage GINI in Mississippi

0.45

2023 Wage GINI in Mississippi

In 2024, the income inequality in Mississippi was 0.447 according to the GINI calculation of the wage distribution. Income inequality had a 0.74% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Mississippi was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Mississippi in comparison to the national average.

This chart shows the number of workers in Mississippi across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (80.5%)
Worked At Home (18.7%)
Carpooled (0.78%)

In 2024, 80.5% of workers in Fayette, MS drove alone to work, followed by those who worked at home (18.7%) and those who carpooled to work (0.78%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

16.1 minutes

Average Travel Time

Using averages, employees in Fayette, MS have a shorter commute time (16.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Fayette, MS have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fayette, MS compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Fayette, MS distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fayette, MS have 1 car.

Poverty

Poverty & Diversity

38% of the population for whom poverty status is determined in Fayette, MS (642 out of 1.69k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females 6 - 11 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Fayette, MS is Black, followed by White and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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