Fayetteville, IL
Population 381 · Illinois
About Fayetteville, IL
Fayetteville is a small community in Illinois with a population of 381 residents. The median household income is $56,458 per year, which is near the national average. The median age in Fayetteville is 33.8 years.
Housing in Fayetteville has a median home value of $85,300 and median monthly rent of $0. Of the 161 total housing units, the majority are owner-occupied, with 119 owner-occupied and 22 renter-occupied units.
The unemployment rate in Fayetteville is 1.8% and the poverty rate is 10.6%. 10.3% of residents hold a bachelor's degree or higher. The average commute time is 27.8 minutes.
Cost of Living in Fayetteville, IL
Compared to national averages, Fayetteville has a median household income of $56,458 (25% below the national median of $75,149). Home values average $85,300, which is 65% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Fayetteville's income is 25% below the state average of $75,072, and home values are 49% below the state median of $165,779.
Why Live in Fayetteville, IL?
Fayetteville offers affordable housing with a median home value of $85,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features a low poverty rate of 10.6%, better than the national average.
Potential considerations include median household income ($56,458) that falls below the national average. However, Fayetteville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fayetteville has a population of 381 with a median age of 33.8 years. Compare Fayetteville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Fayetteville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Arrowsmith | 381 | $85,592 | $101,200 | Compare |
| Alto Pass | 380 | $59,583 | $106,800 | Compare |
| Armington | 382 | $56,250 | $100,000 | Compare |
| Belle Rive | 380 | $55,577 | $82,500 | Compare |
| Orient | 380 | $39,167 | $49,100 | Compare |
| Cameron | 383 | $57,614 | $110,400 | Compare |
| Dunfermline | 379 | $69,000 | $114,700 | Compare |
| Pierron | 378 | $62,750 | $103,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fayetteville
What is the population of Fayetteville, IL?
The population of Fayetteville, IL is 381 according to the latest Census data.
What is the median household income in Fayetteville?
The median household income in Fayetteville, IL is $56,458 per year.
What is the median home value in Fayetteville?
The median home value in Fayetteville, IL is $85,300.
What is the average rent in Fayetteville?
The median monthly rent in Fayetteville, IL is $0.
What is the unemployment rate in Fayetteville?
The unemployment rate in Fayetteville, IL is 1.8%.