
Missouri · Census place 23842
Fayette, MO population, income and ZIP codes
Quick answer
The population of the city of Fayette, Missouri (Fayette, MO — Census place “Fayette city”) is 2,800 residents, ranking #215 of 1082 places in Missouri. Median household income is $58,750, the median home is worth $128,700 and median gross rent runs $855 a month. Looking for the Fayette Missouri ZIP code list? 1 ZIP codes serve Fayette, MO: 65248.
- Population
- 2,800Fayette city residents
- Median household income
- $58,750Past 12 months, inflation adjusted
- Median home value
- $128,700Owner-occupied units
- Median gross rent
- $855Rent plus utilities, monthly
- Median age
- 23 yrsAll residents
- Homeownership rate
- 67.2%Owner-occupied households
Fayette ZIP codes (Missouri)
Census ZCTAs whose delivery area overlaps Fayette.
The Fayette MO ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Fayette city
Housing cost measured against local earnings.
A household earning the Fayette city median would spend about 17.5% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.8% of residents and 67.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Fayette city, MO in context
How this area compares with national benchmarks.
Fayette city is a small town in Missouri, with 2,800 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #215 of 1,082 ranked by population — larger than 80% of them. The median age here is 23 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Fayette city earn a median of $58,750 a year, 25.2% below the national figure of $78,538 and 6% above the $55,543 median for the 374 Missouri cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 15.8% of residents here, above the 12.4% national rate.
The typical owner-occupied home in Fayette city is valued at $128,700, 57.6% below the national figure and 16% below the $152,400 peer median, while median gross rent runs $855 a month, 39.2% below the national figure, or roughly $10,260 across a full year. A household on the local median income would put about 17.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 67.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
A median age of 23 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Missouri.
- Owensville city 2,798
- Moline Acres city 2,806
- Castle Point CDP 2,792
- Montgomery City city 2,810
- Forsyth city 2,749
- Licking city 2,816
- Pleasant Valley city 2,744
- Knob Noster city 2,824
Keep going
More Missouri coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Fayette city?
- Fayette city has 2,800 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #215 of 1,082 in Missouri.
- What is the median household income in Fayette city?
- Median household income in Fayette city is $58,750 a year, 25.2% below the national figure of $78,538.
- How much does it cost to rent or buy in Fayette city?
- Median gross rent is $855 a month and the median home value is $128,700, so rent absorbs about 17.5% of median household income.
- Is Fayette city affordable compared with the rest of the US?
- Homes cost about 2.2× the local median income here versus roughly 3.9× nationally, so Fayette city is more affordable to buy in than the typical US market, and rent takes 17.5% of median income against the 30% cost-burden line.
- How current is this Fayette city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.