Fayette County, Iowa

Income Data

-16% vs. Iowa average
$58,764
Median Household Income
$32,982
Per Capita Income

At a Glance

Median Household Income
$58,764
-16% vs. state avg
Per Capita Income
$32,982
-16% vs. national
Income-to-Housing Ratio
44.9%
income as % of home value
Rank in Iowa
#93 / 99
by median household income

How Fayette County Compares

Fayette County$58,764
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$58,764
Median Household Income
$32,982
Per Capita Income
$130,800
Median Home Value
44.9%
Income-to-Housing Ratio

Data Story

About Household Income in Fayette County, Iowa

Fayette's Income Lags National Average

Fayette County's median household income of $58,764 falls 21% below the national median of $74,755. This places the county among the lower-income communities nationally, signaling economic challenges that many rural Midwestern counties face.

Below Average Within Iowa

At $58,764, Fayette ranks below Iowa's state median of $69,830, putting it in the lower tier of Iowa counties by household income. The county's per capita income of $32,982 also trails the state average of $37,136.

Among the Lowest in the Region

Neighboring Floyd County earns $64,500 and Grundy County reaches $83,617, both significantly outpacing Fayette's income levels. The disparity suggests economic divergence even within this cluster of north-central Iowa counties.

Housing Remains Affordable Here

Fayette's rent-to-income ratio of 16.6% is manageable, meaning housing costs consume less than one-fifth of typical household earnings. With a median home value of $130,800, homeownership remains accessible despite modest incomes.

Build Financial Resilience Today

Fayette households earning $58,764 annually should prioritize building emergency savings and exploring retirement accounts like IRAs to maximize tax-advantaged growth. Even modest, consistent investments compound significantly over time and can help narrow wealth gaps.

Frequently Asked Questions

What is the median household income in Fayette County, Iowa?
The median household income in Fayette County, Iowa is $58,764, 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 $32,982, 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 $58,764.
How does Fayette County compare to the Iowa average?
Fayette County's median household income of $58,764 is lower than the Iowa state average of $69,830. The per capita income is $32,982, compared to the state average of $37,136.
What is the per capita income in Fayette County, Iowa?
The per capita income in Fayette County, Iowa is $32,982, 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 Iowa?
Fayette County's median household income of $58,764 is below the Iowa average of $69,830. The per capita income of $32,982 is also lower than the state average of $37,136. 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 Iowa?
Fayette County ranks #93 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $58,764 and per capita income of $32,982, 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: $58,764 per year

vs. County Median

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vs. State Average

-16%

vs. National Median

-21%

vs. Fayette County MedianAbout equal
vs. Iowa Average16% below
vs. National Median21% below

Income Adequacy

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Your monthly income ($4,897) vs. median rent ($813/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.