Iowa · Census place 27165
Fayette city, IA
Quick answer
Fayette city has 1,242 residents, ranking #247 of 1026 places in Iowa. Median household income is $39,297, the median home is worth $123,300 and median gross rent runs $963 a month.
- Population
- 1,242Fayette city residents
- Median household income
- $39,297Past 12 months, inflation adjusted
- Median home value
- $123,300Owner-occupied units
- Median gross rent
- $963Rent plus utilities, monthly
- Median age
- 28.3 yrsAll residents
- Homeownership rate
- 47.4%Owner-occupied households
What the numbers mean in Fayette city
Housing cost measured against local earnings.
A household earning the Fayette city median would spend about 29.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.1% of residents and 47.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Baxter city 1,251
- Elkader city 1,249
- Clarksville city 1,248
- Marcus city 1,236
- Laurens city 1,234
- University Heights city 1,232
- Melcher-Dallas city 1,228
Keep going
More Iowa coverage.