HomeAlabamaFayette CountyFayette city
Fayette city, Alabama: commercial real estate data.
Fayette city 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.
66 sourced place values · tier FULL · 7 sections
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 7(a) lending to Fayette borrowers
- Approvals4
- Gross approval$2,191,700
- Average approval$547,925
- Median approval$709,200
- Ninetieth percentile approval$750,000
- Largest approval$750,000
- Jobs supported6
- Jobs per approval1.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term252 months
- Share on real estate terms of 20 years or more75.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fayette County, not Fayette
Fayette County context, not Fayette figures
These are Fayette County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fayette measurements.
- Establishments in Fayette County277
- Employment at those establishments, Fayette County3,269
- Covered employment, Fayette County3,926
- Average annual pay, Fayette County$44,897
- Average weekly wage, Fayette County$863
- Housing units permitted, Fayette County0
- Of those, single family, Fayette County0
- County product, 2024, Fayette County$480,172,000
- County product change over the prior year, Fayette County3.3 percent
- Average income of an arriving household, Fayette County$54,588
Every figure in this section is published for Fayette County as a whole and is not a measurement of Fayette. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $2.2 m, across 2 lenders, median approval $709,200. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Fayette figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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