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Fayette, Alabama: commercial real estate data.

Fayette is a Census city of 4,164 people across 8.55 square miles of land, in Fayette County. Median household income is $36,473, 56.1 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $2.2 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Fayette

What Fayette is

  • Census place typecity
  • Land area8.55 sq mi
  • Water area0.08 sq mi
  • Population per square mile of land487
  • County holding the largest share of its areaFayette County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Fayette

How many people live in Fayette

  • Population4,164
  • Median age36.5
  • Population under 18975 plus or minus 216
  • Share under 1823.4 percent plus or minus 5.2
  • Population 65 and over934 plus or minus 189
  • Share 65 and over22.4 percent plus or minus 4.5
  • Households1,580
  • Family households1,037
  • Share of households that are families65.6 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Fayette

Income and work in Fayette

  • Median household income$36,473 plus or minus $11,291
  • Per capita income$26,513 plus or minus $11,558
  • Civilian labor force1,438
  • Employed1,183 plus or minus 240
  • Unemployed255 plus or minus 191
  • Unemployment rate17.7 percent plus or minus 12.9
  • Adults 25 and over2,788
  • Adults 25 and over with a high school diploma or higher89.4 percent
  • Adults 25 and over with a bachelor degree or higher18.7 percent plus or minus 5.2
  • Adults 25 and over with a graduate degree8.7 percent plus or minus 3.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Fayette

Housing in Fayette

  • Housing units2,188
  • Occupied units1,580
  • Vacant units608 plus or minus 175
  • Vacancy rate27.8 percent plus or minus 7.6
  • Owner occupied887
  • Renter occupied693 plus or minus 182
  • Ownership rate56.1 percent
  • Median owner-occupied home value$122,000
  • Median gross rent, monthly$640
  • Annual rent as a share of median income21.1 percent plus or minus 7.6
  • Single family units1,376
  • Share single family62.9 percent
  • Units in buildings of two or more717 plus or minus 239
  • Share in buildings of two or more32.8 percent plus or minus 10.5
  • Mobile homes95 plus or minus 71
  • Median year structure built1972

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Fayette

How Fayette gets to work

  • Workers 16 and over who commute1,117 plus or minus 240
  • Commuting under 15 minutes532 plus or minus 179
  • Share commuting under 15 minutes47.6 percent plus or minus 12.3
  • Commuting 30 minutes or more364 plus or minus 148
  • Share commuting 30 minutes or more32.6 percent plus or minus 11.3
  • Drove alone93.0 percent
  • Carpooled3.6 percent plus or minus 4.3
  • Public transport0.0 percent
  • Walked0.0 percent
  • Worked from home3.4 percent plus or minus 4.0

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Fayette

SBA loans in Fayette (7(a))

  • Approvals4
  • Gross approval$2,191,700
  • Average approval$547,925
  • Median approval$695,850
  • Largest approval$750,000
  • Jobs supported6
  • Jobs per approval1.5
  • Loans with a final outcome1
  • Paid in full1
  • Charged off0
  • Median term248 months
  • Share on real estate terms of 20 years or more75.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders2
  • Distinct industries by NAICS2

Counted by borrower city: approvals to borrowers whose address is in Fayette, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Fayette

Flood risk in Fayette

  • NFIP communityCity of Fayette
  • NFIP community number010084
  • Participating in the NFIPYes
  • Community Rating System classNone
  • Currently effective map date06/04/10

The City of Fayette participates in the National Flood Insurance Program as community 010084 and carries no Community Rating System class, so no CRS premium discount applies to it.

Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.

Fayette County, not Fayette

Fayette County context, not Fayette figures

  • Establishments in Fayette County277
  • Covered employment, Fayette County3,926
  • Average annual pay, Fayette County$44,897
  • Housing units permitted, Fayette County0

Every figure in this section is published for Fayette County as a whole and is not a measurement of Fayette.

All Fayette County figures →

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.

Coverage

What this page does not hold.

Parcel detail, 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 →

Common questions

Fayette questions, answered from the record.

How many people live in Fayette, Alabama?

4,164, in 1,580 households. Fayette city covers 8.55 square miles of land, which is 487 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Fayette in?

Fayette County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Fayette?

$36,473. The median owner-occupied home is valued at $122,000. Median gross rent is $640 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Fayette businesses?

4 7(a) approvals totaling $2.2 m since FY2020, across 2 lenders, median approval $695,850. These count approvals to borrowers whose address is in Fayette, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Fayette borrowers get paid back?

No rate is published for Fayette. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Is Fayette in the National Flood Insurance Program?

Yes. Fayette appears in the FEMA Community Status Book as Fayette, city of, community 010084, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Fayette figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fayette County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Fayette.

Is zoning published for Fayette?

No. Nothing on this page presents parcel level zoning.