Fayetteville, NY
Population 4,220 · New York
About Fayetteville, NY
Fayetteville is a small town located in New York with a population of 4,220 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,417 per year, which is 67% above the national median of $75,149. The median age of 43.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fayetteville features a median home value of $237,700, which is 3% below the national median of $244,900. This positions Fayetteville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,203, 3% above the national average of $1,163/month. Of the 2,102 total housing units, 79% are owner-occupied (1,511 units) and 21% are renter-occupied (411 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fayetteville shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fayetteville have an average one-way commute time of 23.3 minutes.
Education & Demographics
57.3% of Fayetteville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.7% Hispanic or Latino, 2.0% Black or African American, and 1.2% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Fayetteville, NY
Compared to national averages, Fayetteville has a median household income of $125,417 (67% above the national median of $75,149). Home values average $237,700, which is 3% below the national median. Monthly rent at $1,203 is 3% above the US average of $1,163. Within New York, Fayetteville's income is 29% above the state average of $96,987, and home values are 39% below the state median of $387,181.
Why Live in Fayetteville, NY?
Fayetteville offers a strong local economy with a median household income of $125,417, well above the national average, and affordable housing with a median home value of $237,700, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a well-educated community where 57.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average, and short commute times averaging just 23.3 minutes.
Fayetteville has a population of 4,220 with a median age of 43.4 years. Compare Fayetteville with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Fayetteville
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ellenville | 4,210 | $82,181 | $183,500 | Compare |
| Mattituck | 4,204 | $118,092 | $714,100 | Compare |
| Galeville | 4,200 | $68,686 | $127,000 | Compare |
| West Bay Shore | 4,199 | $132,102 | $566,400 | Compare |
| Spackenkill | 4,244 | $135,219 | $407,800 | Compare |
| Springville | 4,196 | $68,066 | $180,800 | Compare |
| Elmira Heights | 4,254 | $54,634 | $98,200 | Compare |
| Orangeburg | 4,279 | $107,000 | $619,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fayetteville With Other Cities
Frequently Asked Questions about Fayetteville
What is the population of Fayetteville, NY?
The population of Fayetteville, NY is 4,220 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Fayetteville?
The median household income in Fayetteville, NY is $125,417 per year, which is 67% above the national median of $75,149.
What is the median home value in Fayetteville?
The median home value in Fayetteville, NY is $237,700, which is 3% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fayetteville?
The median monthly rent in Fayetteville, NY is $1,203, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Fayetteville?
The unemployment rate in Fayetteville, NY is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fayetteville, NY a good place to live?
Fayetteville offers above-average incomes, affordable housing, and a strong job market. With a population of 4,220 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Fayetteville, NY?
57.3% of residents in Fayetteville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Fayetteville?
Key cost-of-living indicators for Fayetteville, NY: median home value is $237,700 (3% below national), median rent is $1,203/month, and median household income is $125,417. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fayetteville?
The poverty rate in Fayetteville, NY is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fayetteville, NY?
Fayetteville's population is 0.0% White, 0.7% Hispanic or Latino, 2.0% Black or African American, 1.2% Asian, and 0.0% two or more races. 3.2% of residents are foreign-born.