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Utah · Census place 25070

Fayette town, UT

Quick answer

Fayette town has 388 residents, ranking #250 of 334 places in Utah. Median household income is $67,917, the median home is worth $234,400 and median gross rent runs $581 a month.

Population
388Fayette town residents
Median household income
$67,917Past 12 months, inflation adjusted
Median home value
$234,400Owner-occupied units
Median gross rent
$581Rent plus utilities, monthly
Median age
21.6 yrsAll residents
Homeownership rate
67.9%Owner-occupied households

What the numbers mean in Fayette town

Housing cost measured against local earnings.

A household earning the Fayette town median would spend about 10.3% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 67.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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