Fayette County, Indiana

Income Data

-18% vs. Indiana average
$56,659
Median Household Income
$29,274
Per Capita Income

At a Glance

Median Household Income
$56,659
-18% vs. state avg
Per Capita Income
$29,274
-26% vs. national
Income-to-Housing Ratio
49.4%
income as % of home value
Rank in Indiana
#83 / 92
by median household income

How Fayette County Compares

Fayette County$56,659
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$56,659
Median Household Income
$29,274
Per Capita Income
$114,800
Median Home Value
49.4%
Income-to-Housing Ratio

Data Story

About Household Income in Fayette County, Indiana

Fayette households earn significantly below national

Fayette County's median household income of $56,659 lags the national median of $74,755 by over $18,000, placing it among the lower-income counties nationally. This substantial gap reflects deeper economic challenges in the county.

Among Indiana's lowest-income counties

Fayette County's median household income of $56,659 falls well below Indiana's state average of $68,681 by roughly $12,000, placing it in the bottom tier of state counties. This represents one of the state's most economically disadvantaged regions.

Fayette matches Delaware in earnings struggle

Fayette ($56,659) nearly ties Delaware County ($56,932) as the lowest-earning measured county, significantly lagging all others including Fountain ($62,526), Elkhart ($65,617), and Franklin ($79,702). This county faces acute regional income disadvantages.

Affordable housing, tight overall budgets

Fayette's rent-to-income ratio of 16.5% suggests monthly housing costs around $780, which is reasonable, and the median home value of $114,800 is the lowest measured. However, lower overall incomes limit ability to save or invest after basic expenses.

Build resilience through small steps

Fayette households should prioritize establishing a $500–1,000 emergency fund first, then explore no-cost or low-cost wealth tools like community action agencies or nonprofit credit counseling. Even modest wealth-building—like using a high-yield savings account—protects against future shocks.

Frequently Asked Questions

What is the median household income in Fayette County, Indiana?
The median household income in Fayette County, Indiana is $56,659, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Fayette County?
The per capita income in Fayette County is $29,274, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $56,659.
How does Fayette County compare to the Indiana average?
Fayette County's median household income of $56,659 is lower than the Indiana state average of $68,681. The per capita income is $29,274, compared to the state average of $34,773.
What is the per capita income in Fayette County, Indiana?
The per capita income in Fayette County, Indiana is $29,274, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Fayette County a low-income area in Indiana?
Fayette County's median household income of $56,659 is below the Indiana average of $68,681. The per capita income of $29,274 is also lower than the state average of $34,773. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Fayette County rank for income in Indiana?
Fayette County ranks #83 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $56,659 and per capita income of $29,274, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Fayette County

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Your income is above the Fayette County median

County median: $56,659 per year

vs. County Median

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vs. State Average

-18%

vs. National Median

-24%

vs. Fayette County MedianAbout equal
vs. Indiana Average18% below
vs. National Median24% below

Income Adequacy

Monthly income covers median rent6.1x

Your monthly income ($4,722) vs. median rent ($779/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.