Fayette County, Indiana
Income Data
At a Glance
How Fayette County Compares
Detailed Income Statistics
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
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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: $56,659 per year
vs. County Median
+0%
vs. State Average
-18%
vs. National Median
-24%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.