Fayette, Missouri Demographics & Population 2026
During the 2020–2024 ACS period, Fayette, Missouri had a total population of 2,801, the 217th largest city in Missouri, with a median household income of $57,679, which is 18% lower than the state average. The poverty rate is 16.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Fayette Quick Facts
How Fayette Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,800 | 2,801 | +0.0% |
| Median household income | $58,750 | $57,679 | -1.8% |
| Median home value | $128,700 | $146,700 | +14.0% |
How Fayette Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 61
Education
Educational Attainment (Adults 25+)
Fayette Rankings in Missouri
Explore Missouri Rankings
Other Cities in Howard County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| New Franklin | 1,170 | $55,066 | 16.0% | $139,500 |
| Glasgow | 1,118 | $50,446 | 11.9% | $122,600 |
| Armstrong | 416 | $59,063 | 10.3% | $57,500 |
| Franklin | 66 | $55,625 | 9.1% | N/A |
Cities Similar to Fayette
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Montgomery City | 2,801 | $57,500 | $161,100 | 20.2% | 17.7% |
| Moline Acres | 2,843 | $55,132 | $90,000 | 14.0% | 18.9% |
| Canton | 2,752 | $55,357 | $117,900 | 17.2% | 15.0% |
| New Madrid | 2,662 | $57,727 | $127,500 | 19.5% | 12.3% |
| Knob Noster | 2,838 | $62,353 | $202,600 | 29.4% | 6.0% |
Population Overview
Fayette is a small community located in Missouri, within Howard County. The total population is 2,801. It ranks as the 217th most populous out of 1,062 Census-designated places in Missouri.
Age Demographics
The median age in Fayette is 22.8 years. This is 42% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Fayette is $57,679. This is 18% lower than the state median of $70,702. It is also 29% lower than the national median of $80,734. The poverty rate stands at 16.9%. This is 34% higher than the state poverty rate of 12.6%. The unemployment rate is 2.5%. This is 38% lower than the state rate of 4.0%. The median home value is $146,700. Housing costs are 36% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.5x, Fayette is one of the most affordable housing markets in the area. 57.7% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 68.1%.
Race & Ethnicity
The largest racial or ethnic group in Fayette is White (non-Hispanic), making up 78.6% of the population. Black or African American residents account for 13.2%. The Hispanic or Latino population (2.3%) is well below the state average of 5.2%. The Asian population (0.8%) is well below the state average of 2.1%.
Education
34.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% higher than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.7%. Notably, 15.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Fayette, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Fayette, Missouri?
Fayette, Missouri has a population of 2,801 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fayette, MO?
The median household income in Fayette is $57,679, which is 29% lower than the national median of $80,734.
What is the poverty rate in Fayette, MO?
The poverty rate in Fayette is 16.9%. This means approximately 357 residents live below the federal poverty line.
What is the racial makeup of Fayette, Missouri?
Fayette's population is 78.6% White, 13.2% Black, 2.3% Hispanic/Latino, and 0.8% Asian.
What is the median home value in Fayette, MO?
The median home value in Fayette is $146,700. The home-value-to-income ratio is 2.5x.
How educated is Fayette, Missouri?
34.3% of adults (25+) in Fayette hold a bachelor's degree or higher, and 15.3% hold a graduate or professional degree.