Fayette County, West Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Fayette County Compares
Detailed Income Statistics
Income Advisory: Fayette County
Income Verdict
Fayette County has a median household income of $52,672 and per capita income of $27,091 — a gap of $25,581, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $777/month and a median household income of $52,672, rent consumes approximately 17.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $52,672, residents of Fayette County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $27,091 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Fayette County earns approximately 3.8% below the West Virginia state median household income of $54,746.
Data Story
About Household Income in Fayette County, West Virginia
Fayette households earn below state average
Fayette County's median household income of $52,672 trails both the West Virginia average ($54,746) and the national median ($74,755) by significant margins. The $22,083 gap to the national average reflects Fayette's economic challenges.
Below-average earnings within West Virginia
Fayette County ranks below the state median, placing it among the lower-earning counties in West Virginia. At $52,672, household income here lags the state average by $2,074.
Struggles compared to regional counties
Fayette's $52,672 median household income trails several neighboring counties including Doddridge ($61,164), Grant ($61,530), and Hampshire ($60,299). Only Gilmer ($50,991) and Hardy ($49,302) report lower household incomes in the immediate region.
Housing costs strain household budgets
At 17.7%, Fayette's rent-to-income ratio approaches the 30% affordability threshold, signaling housing cost pressure for median earners. Median home values of $104,200 remain relatively affordable, but renters may face tighter monthly finances.
Strategic saving is critical in Fayette
With median income near state lows, building financial resilience matters more than ever in Fayette County. Explore low-cost investing options, employer retirement plans, and community financial counseling to protect your $52,672 household income against unexpected expenses.
Frequently Asked Questions
What is the median household income in Fayette County, West Virginia?
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How does Fayette County compare to the West Virginia average?
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How does Fayette County rank for income in West Virginia?
Income Comparison Calculator
See how your household income compares in Fayette County
Your income is above the Fayette County median
County median: $52,672 per year
vs. County Median
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vs. State Average
-4%
vs. National Median
-30%
Income Adequacy
Your monthly income ($4,389) vs. median rent ($777/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.