Fayette, UT
Population 388 · Utah
About Fayette, UT
Fayette is a small community located in Utah with a population of 388 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,917 per year, which is 10% below the national median of $75,149. The median age of 21.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Fayette features a median home value of $234,400, which is 4% below the national median of $244,900. This positions Fayette in a moderately priced market relative to the rest of the country. Median monthly rent is $581, 50% below the national average of $1,163/month. Of the 131 total housing units, 68% are owner-occupied (72 units) and 32% are renter-occupied (34 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fayette shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fayette have an average one-way commute time of 23.6 minutes.
Education & Demographics
35.1% of Fayette residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.0% White, 3.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Fayette Ranks in Utah
Cost of Living in Fayette, UT
Compared to national averages, Fayette has a median household income of $67,917 (10% below the national median of $75,149). Home values average $234,400, which is 4% below the national median. Monthly rent at $581 is 50% below the US average of $1,163. Within Utah, Fayette's income is 23% below the state average of $88,715, and home values are 45% below the state median of $426,386.
Why Live in Fayette, UT?
Fayette offers affordable housing with a median home value of $234,400, below the US average of $244,900, and rent that’s lower than the national average at $581/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 35.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($67,917) 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 388 with a median age of 21.6 years. Compare Fayette with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Fayette
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boulder | 389 | $50,450 | $304,300 | Compare |
| Altamont | 390 | $88,750 | $200,000 | Compare |
| Bicknell | 383 | $71,563 | $338,900 | Compare |
| Plymouth | 394 | $83,393 | $345,700 | Compare |
| Fort Duchesne | 375 | $40,052 | $167,000 | Compare |
| Pine Valley | 372 | $98,580 | $570,900 | Compare |
| Neola | 370 | $96,250 | $198,400 | Compare |
| Cove | 412 | $130,469 | $557,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fayette With Other Cities
Frequently Asked Questions about Fayette
What is the population of Fayette, UT?
The population of Fayette, UT is 388 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Fayette?
The median household income in Fayette, UT is $67,917 per year, which is 10% below the national median of $75,149.
What is the median home value in Fayette?
The median home value in Fayette, UT is $234,400, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fayette?
The median monthly rent in Fayette, UT is $581, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Fayette?
The unemployment rate in Fayette, UT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fayette, UT a good place to live?
Fayette offers a moderate cost of living, affordable housing, and a strong job market. With a population of 388 and a median age of 21.6, the city appeals to young professionals and families.
How educated is Fayette, UT?
35.1% of residents in Fayette 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 Fayette?
Key cost-of-living indicators for Fayette, UT: median home value is $234,400 (4% below national), median rent is $581/month, and median household income is $67,917. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fayette?
The poverty rate in Fayette, UT is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fayette, UT?
Fayette's population is 7.0% White, 3.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.