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Fayette city, Missouri Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Fayette city, Missouri has a total population of 2,800, the 215th largest city in Missouri, with a median household income of $58,750, which is 15% lower than the state average. The poverty rate is 15.8%.

Key Takeaways

Fayette city Quick Facts

Population 2,800
Median Household Income $58,750
Median Home Value $128,700
Poverty Rate 15.8%
Unemployment Rate 1.7%
Median Age 23.0 years
Homeownership Rate 67.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 36.6%
High School Graduation Rate 90.2%
Diversity Index 33/100
Population 2,800 215th of 1,062
Median Income $58,750 above average
Poverty Rate 15.8% 27% higher national
Median Home Value $128,700 average

How Fayette city Compares

Economy & Housing

Employment

1.7% Unemployment Rate State: 4.1% | National: 5.2%
46.8% Labor Force Participation

Housing Overview

Owner 67.2%
Renter 32.8%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Fayette city Rankings in Missouri

#215 Population of 1,062
#369 Median Income of 1,062
#120 Education of 1,062
#401 Home Value of 1,062

Cities Similar to Fayette city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Knob Noster city2,824$60,294$146,70025.8%11.3%
Moline Acres city2,806$55,069$76,50014.2%17.3%
Gray Summit CDP2,847$54,883$140,20016.1%10.1%
Lawson city2,742$63,799$169,50016.0%10.0%
Montgomery City city2,810$51,707$137,50022.6%19.0%

Population Overview

Fayette city is a small community located in Missouri. The total population is 2,800. It ranks as the 215th most populous out of 1,062 cities and towns in Missouri.

Age Demographics

The median age in Fayette city is 23.0 years. This is 41% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Fayette city is $58,750. This is 15% lower than the state median of $68,920. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 15.8%. This is 25% higher than the state poverty rate of 12.6%. The unemployment rate is 1.7%. This is 58% lower than the state rate of 4.1%. The median home value is $128,700. Housing costs are 40% lower than the state median of $215,600. With a home-value-to-income ratio of just 2.2x, Fayette city is one of the most affordable housing markets in the area. 67.2% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 67.9%.

Race & Ethnicity

The largest racial or ethnic group in Fayette city is White (non-Hispanic), making up 80.8% of the population. Black or African American residents account for 13.1%. The Hispanic or Latino population (1.7%) is well below the state average of 5.1%. The Asian population (0.9%) is well below the state average of 2.1%.

Education

36.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% higher than the state rate of 31.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.2%. Notably, 17.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Fayette city, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Fayette city, Missouri?

Fayette city, Missouri has a population of 2,800 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fayette city, MO?

The median household income in Fayette city is $58,750, which is 25% lower the national median of $78,538.

What is the poverty rate in Fayette city, MO?

The poverty rate in Fayette city is 15.8%. This means approximately 334 residents live below the federal poverty line.

What is the racial makeup of Fayette city, Missouri?

Fayette city's population is 80.8% White, 13.1% Black, 1.7% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Fayette city, MO?

The median home value in Fayette city is $128,700. The home-value-to-income ratio is 2.2x.

How educated is Fayette city, Missouri?

36.6% of adults (25+) in Fayette city hold a bachelor's degree or higher, and 17.0% hold a graduate or professional degree.