Fayette, MS
Population 1,602 · Mississippi
About Fayette, MS
Fayette is a small community in Mississippi with a population of 1,602 residents. The median household income is $25,383 per year, which is below the national average. The median age in Fayette is 35.2 years.
Housing in Fayette has a median home value of $73,800 and median monthly rent of $416. Of the 673 total housing units, the majority are owner-occupied, with 251 owner-occupied and 248 renter-occupied units.
The unemployment rate in Fayette is 0.2% and the poverty rate is 37.5%. 14.5% of residents hold a bachelor's degree or higher. The average commute time is 17 minutes.
How Fayette Ranks in Mississippi
Cost of Living in Fayette, MS
Compared to national averages, Fayette has a median household income of $25,383 (66% below the national median of $75,149). Home values average $73,800, which is 70% below the national median. Monthly rent at $416 is 64% below the US average of $1,163. Within Mississippi, Fayette's income is 49% below the state average of $49,929, and home values are 41% below the state median of $125,705.
Why Live in Fayette, MS?
Fayette offers affordable housing with a median home value of $73,800, below the US average of $244,900, and rent that’s lower than the national average at $416/month, and a strong job market with an unemployment rate of just 0.2%. Additionally, the city features short commute times averaging just 17 minutes.
Potential considerations include median household income ($25,383) that falls below the national average. However, Fayette’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fayette has a population of 1,602 with a median age of 35.2 years. Compare Fayette with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Fayette
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shaw | 1,586 | $23,913 | $84,200 | Compare |
| Ecru | 1,566 | $68,500 | $200,900 | Compare |
| Pelahatchie | 1,648 | $52,957 | $183,300 | Compare |
| Rawls Springs | 1,554 | $49,573 | $101,200 | Compare |
| Belzoni | 1,664 | $45,000 | $103,400 | Compare |
| Mound Bayou | 1,526 | $23,194 | $63,100 | Compare |
| Glendale | 1,519 | $55,438 | $113,700 | Compare |
| Lumberton | 1,515 | $40,050 | $78,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fayette
What is the population of Fayette, MS?
The population of Fayette, MS is 1,602 according to the latest Census data.
What is the median household income in Fayette?
The median household income in Fayette, MS is $25,383 per year.
What is the median home value in Fayette?
The median home value in Fayette, MS is $73,800.
What is the average rent in Fayette?
The median monthly rent in Fayette, MS is $416.
What is the unemployment rate in Fayette?
The unemployment rate in Fayette, MS is 0.2%.