Fayette County, Alabama: commercial real estate data.
Fayette County, Alabama had an estimated 15,863 residents on July 1, 2024, down 2.8 percent since the 2020 census base of 16,322, across 628 square miles. County output reached $480.2 m in 2024, 277 establishments operate here, and the SBA record carries 6 7(a) approvals worth $5.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fayette County
How many people live in Fayette County
- Population, American Community Survey 2020-202416,053
- Households6,255
- Average household size2.57
- Median household income$49,488
- Median age43.3
- Median gross rent$667 per month
- Median owner-occupied home value$125,900
- Home value to household income2.5 times
- Annual rent as a share of median income16.2 percent
- Adults 25 and over with a bachelor degree or higher14.8 percent
- Adults 25 and over with a graduate degree4.8 percent
- Adults 25 and over11,345
- Population under 183,410
- Share under 1821.2 percent
- Population 65 and over3,509
- Share 65 and over21.9 percent
- Working age population, 18 to 649,134
- Civilian labor force6,828
- Unemployment rate8.4 percent
- Labor force participation, adults 18 and over54.0 percent
- Rank by population among Alabama counties52nd of 67
- Rank by population among US county-equivalents, Puerto Rico included2097th of 3,222
Fayette County is the 52nd largest of 67 Alabama counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 21.9 percent against 21.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fayette County
Is Fayette County's population growing?
- Population, July 1, 202415,863
- Census 2020 base population16,322
- Population change since the 2020 census base-2.81 percent
- Population change, 2023 to 2024-50
- Births, 2024163
- Deaths, 2024255
- Natural change, 2024-92
- Net domestic migration, 202444
- Net international migration, 2024-2
- Total net migration, 202442
- Cumulative net domestic migration, 2021 to 202420
- Rank by growth among US county-equivalents2702nd of 3,144
The county has lost 2.81 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fayette County
Where are people moving to Fayette County from?
- Tax returns filed by households arriving323
- People arriving, from those returns629
- Tax returns filed by households leaving280
- Net household movement43
- Adjusted gross income arriving$17.6 m
- Net adjusted gross income movement$5.1 m
- Average income of an arriving household$54,588
- Average income of a leaving household$44,746
- Largest single originMarion County (64 households)
- Largest single destinationTuscaloosa County (68 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Marion County | 64 | 140 | $2.8 m |
| Tuscaloosa County | 59 | 121 | $2.7 m |
| Walker County | 31 | 67 | $1.1 m |
| Lamar County | 23 | 46 | $1.1 m |
Households arriving report $9,842 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Marion County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fayette County
What is the Fayette County economy?
- County GDP, 2024$480.2 m
- County GDP, 2023$464.8 m
- GDP change, 2023 to 20243.3 percent
- GDP change over five years32.3 percent
- Rank by GDP among the Alabama areas BEA publishes58th of 67
- Rank by GDP among the US county areas BEA publishes2428th of 3,127
- GDP per resident$29,912
Output grew 3.3 percent in the latest year and 32.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Fayette County
Employment by industry in Fayette County
- Covered employment, annual average3,926
- Establishments reporting370
- Average annual pay$44,897
- Average weekly wage$863
- Manufacturing, employment703
- Manufacturing, average annual pay$58,323
- Retail trade, employment564
- Retail trade, average annual pay$31,537
- Accommodation and food services, employment320
- Accommodation and food services, average annual pay$14,734
- Professional, scientific and technical services, employment135
- Professional, scientific and technical services, average annual pay$63,351
- Agriculture, forestry, fishing and hunting, employment131
- Construction, employment126
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 703 | 20 | $58,323 |
| Retail trade | 564 | 53 | $31,537 |
| Accommodation and food services | 320 | 24 | $14,734 |
| Professional, scientific and technical services | 135 | 26 | $63,351 |
| Agriculture, forestry, fishing and hunting | 131 | 17 | $47,719 |
| Construction | 126 | 30 | $49,347 |
| Other services, except public administration | 106 | 18 | $58,157 |
| Finance and insurance | 91 | 22 | $61,460 |
Manufacturing is the largest private sector at 703 jobs, 17.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fayette County
How many businesses are in Fayette County?
- Establishments, all industries277
- Employment at those establishments3,269
- Annual payroll$134.7 m
- Establishments per 1,000 residents17.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Fayette County
Building permits in Fayette County
- Housing units authorized by permit, 20240
- Declared construction value permitted$0
- Single family units authorized0
- Multifamily units authorized0
No residential units were authorized by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Fayette County
SBA loans in Fayette County (7(a) and 504)
- 7(a) approvals recorded6
- 7(a) gross approval dollars$5.6 m
- Average 7(a) approval$933,100
- Median 7(a) approval$729,600
- Largest single approval$2,521,900
- Jobs reported supported, 7(a)10
- Jobs per approval1.7
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term242 months
- Share of loans on real estate terms, 240 months or longer66.7 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countChicken Egg Production (3)
- Most active lenderLive Oak Banking Company (5)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fayette County
SBA loan default and charge-off rates in Fayette County
Do SBA loans in Fayette County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure2
- Status: Paid in full1
- Status: Committed, not yet disbursed2
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fayette County
SBA lending by place in Fayette County
- Borrower cities with recorded lending2
- Fayette, approvals4
- Boley Springs, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Fayette | 4 | $2,191,700 |
| Boley Springs | 2 | $3,406,900 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fayette County
How large is Fayette County?
- Land area628 sq mi
- Rank by land area among Alabama counties43rd of 67
- Width, east to west30.4 mi
- Height, north to south27.5 mi
- Geographies sharing a boundary5
- Residents per square mile of land26
- Establishments per square mile0.44
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Fayette County
Flood risk in Fayette County
- Participation of the county's own NFIP community Fayette County, unincorporated areasParticipating, community 010219
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Fayette County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Fayette County (community 010219), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Fayette County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Fayette County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Fayette County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202416,053
- Households6,255
- Average household size2.57
- Median household income$49,488
- Median age43.3
Common questions
Fayette County questions, answered from the record.
How many people live in Fayette County, Alabama?
The Census Bureau estimates 15,863 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 16,053, in 6,255 households, ranking 52nd of 67 Alabama counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fayette County's population growing?
The population has fallen 2.81 percent since the 2020 census base of 16,322, to 15,863 on July 1, 2024. In 2024 there were 163 births against 255 deaths, with net migration of 42. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fayette County?
$49,488. The median owner-occupied home is valued at $125,900, which is 2.5 times income, and median gross rent is $667 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fayette County?
277 establishments, employing 3,269 people with an annual payroll of $134.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Fayette County?
Manufacturing is the largest private sector at 703 jobs, 17.9 percent of covered employment. Covered employment averages 3,926 jobs at an average annual pay of $44,897, or $863 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fayette County?
6 7(a) approvals totaling $5.6 m since FY2020, across 2 lenders, with a median approval of $729,600. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Fayette County?
No residential units were authorized by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fayette County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Fayette County come from?
The largest single origin is Marion County, with 64 households. Arriving households report an average income of $54,588 against $44,746 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Fayette County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Fayette County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Fayette County
Cities and places in Fayette.
6 Census places lie wholly or partly in Fayette County. All 6 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Winfield | city | 4,999 | None recorded | 22.2 percent here, 77.8 percent Marion County |
| Fayette | city | 4,164 | 4 | Wholly in this county |
| Berry | town | 1,040 | None recorded | Wholly in this county |
| Glen Allen | town | 372 | None recorded | 83.4 percent here, 16.6 percent Marion County |
| Belk | town | 293 | None recorded | Wholly in this county |
| Gu-Win | town | 178 | None recorded | 3.4 percent here, 96.6 percent Marion County |
A further 2 of the county's 6 SBA 7(a) approvals are to borrowers in cities that match no Census place in Fayette County, the largest being Boley Springs (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby