Fayette County, Illinois
Income Data
At a Glance
How Fayette County Compares
Detailed Income Statistics
Data Story
About Household Income in Fayette County, Illinois
Fayette lags the national average
Fayette County's median household income of $57,113 trails the national median of $74,755 by $17,642, placing it well below the U.S. middle. The county ranks in roughly the 25th percentile nationally, reflecting the economic challenges facing many rural Illinois communities.
Below-average earnings in Illinois
Fayette County's household income of $57,113 falls short of Illinois' state average of $68,580 by more than $11,000, ranking it in the lower half of Illinois counties. Per capita income of $30,865 is also notably below the state's $36,009 average.
Struggling alongside similar counties
Fayette County households earn $57,113, placing them below Franklin County ($53,471) but only slightly below Fulton County ($58,617). The narrow margin between these struggling rural neighbors suggests shared economic pressures from agriculture, manufacturing decline, or limited job diversity.
Housing costs squeeze household budgets
Fayette County's rent-to-income ratio of 15.6% approaches the affordability danger zone, where housing costs consume a larger share of income. A median home value of $114,700 remains affordable in absolute terms, but represents a proportionally heavier burden on the lower median income here.
Start small, build consistent habits
Even on more modest incomes, Fayette County households can build wealth through automatic savings and low-cost index funds. Consider opening a high-yield savings account for emergencies first, then gradually increase retirement contributions as income grows.
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: $57,113 per year
vs. County Median
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vs. State Average
-17%
vs. National Median
-24%
Income Adequacy
Your monthly income ($4,759) vs. median rent ($740/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.