Fayette County, Alabama
Income Data
At a Glance
How Fayette County Compares
Detailed Income Statistics
Data Story
About Household Income in Fayette County, Alabama
Fayette earns below national standard
Fayette County's median household income of $50,733 lags the national median of $74,755 by 32%. Fayette households earn roughly $24,000 less per year than the typical American family.
Below Alabama average by 6%
Fayette's $50,733 median income sits 6% below Alabama's state average of $54,196, placing it in the lower-middle tier among Alabama counties. The $3,463 shortfall reflects modest economic constraints relative to the broader state.
Among the lowest in its region
Fayette's $50,733 is the second-lowest in this county cluster, with only Escambia County ($44,447) earning less. DeKalb ($51,149) and Franklin ($51,493) slightly outpace Fayette, though differences remain within a $1,400 range.
Best housing affordability locally
Fayette's 14.7% rent-to-income ratio is the lowest among surveyed counties, indicating excellent rental affordability. Median home values of $121,200 align well with local incomes, making Fayette relatively accessible for homebuyers.
Leverage Fayette's affordable housing
Fayette residents benefit from low housing-cost burdens, freeing more income for savings and investing. Prioritize building retirement accounts through employer plans and explore first-time homebuyer programs to build equity in Fayette's affordable housing market.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Fayette County
Your income is above the Fayette County median
County median: $50,733 per year
vs. County Median
+0%
vs. State Average
-6%
vs. National Median
-32%
Income Adequacy
Your monthly income ($4,228) vs. median rent ($622/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.