Fayetteville, WV
Population 2,864 · West Virginia
About Fayetteville, WV
Fayetteville is a small town located in West Virginia with a population of 2,864 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,659 per year, which is 21% below the national median of $75,149. The median age of 48.1 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 $165,000, which is 33% 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 $1,035, 11% below the national average of $1,163/month. Of the 1,406 total housing units, 70% are owner-occupied (896 units) and 30% are renter-occupied (391 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fayetteville shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.2%, above the national average of 12.4%. Workers in Fayetteville have an average one-way commute time of 31.6 minutes.
Education & Demographics
26.8% of Fayetteville 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 0.0% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Fayetteville Ranks in West Virginia
Cost of Living in Fayetteville, WV
Compared to national averages, Fayetteville has a median household income of $59,659 (21% below the national median of $75,149). Home values average $165,000, which is 33% below the national median. Monthly rent at $1,035 is 11% below the US average of $1,163. Within West Virginia, Fayetteville's income is 10% above the state average of $54,014, and home values are 29% above the state median of $128,301.
Why Live in Fayetteville, WV?
Fayetteville offers affordable housing with a median home value of $165,000, below the US average of $244,900, and rent that’s lower than the national average at $1,035/month, and a strong job market with an unemployment rate of just 2.0%.
Potential considerations include median household income ($59,659) 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 2,864 with a median age of 48.1 years. Compare Fayetteville with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Fayetteville
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Madison | 2,840 | $57,073 | $127,200 | Compare |
| Philippi | 2,919 | $43,203 | $110,900 | Compare |
| Follansbee | 2,790 | $52,974 | $137,100 | Compare |
| Moorefield | 2,952 | $47,308 | $121,400 | Compare |
| Milton | 2,773 | $54,135 | $123,500 | Compare |
| Kenova | 2,977 | $53,438 | $98,700 | Compare |
| Williamstown | 2,977 | $75,577 | $164,100 | Compare |
| Williamson | 2,979 | $24,119 | $93,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
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, WV?
The population of Fayetteville, WV is 2,864 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in West Virginia.
What is the median household income in Fayetteville?
The median household income in Fayetteville, WV is $59,659 per year, which is 21% below the national median of $75,149.
What is the median home value in Fayetteville?
The median home value in Fayetteville, WV is $165,000, which is 33% 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, WV is $1,035, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Fayetteville?
The unemployment rate in Fayetteville, WV is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fayetteville, WV a good place to live?
Fayetteville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,864 and a median age of 48.1, the city appeals to established professionals and retirees.
How educated is Fayetteville, WV?
26.8% of residents in Fayetteville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fayetteville?
Key cost-of-living indicators for Fayetteville, WV: median home value is $165,000 (33% below national), median rent is $1,035/month, and median household income is $59,659. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fayetteville?
The poverty rate in Fayetteville, WV is 22.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Fayetteville, WV?
Fayetteville's population is 0.0% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.9% two or more races. 0.0% of residents are foreign-born.