Fayette County, Illinois: commercial real estate data.
Fayette County, Illinois had an estimated 21,157 residents on July 1, 2024, down 1.5 percent since the 2020 census base of 21,490, across 716 square miles. County output reached $770.4 m in 2024, 477 establishments operate here, and the SBA record carries 6 7(a) approvals worth $4.3 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 2020-202421,315
- Households7,814
- Average household size2.73
- Median household income$60,944
- Median age41.9
- Median gross rent$798 per month
- Median owner-occupied home value$130,700
- Home value to household income2.1 times
- Annual rent as a share of median income15.7 percent
- Adults 25 and over with a bachelor degree or higher17.2 percent
- Adults 25 and over with a graduate degree5.1 percent
- Adults 25 and over15,091
- Population under 184,355
- Share under 1820.4 percent
- Population 65 and over4,164
- Share 65 and over19.5 percent
- Working age population, 18 to 6412,796
- Civilian labor force9,525
- Unemployment rate3.8 percent
- Labor force participation, adults 18 and over56.2 percent
- Rank by population among Illinois counties54th of 102
- Rank by population among US county-equivalents, Puerto Rico included1804th of 3,222
Fayette County is the 54th largest of 102 Illinois counties by population. A median home costs 2.1 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 20.4 percent against 19.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fayette County
Is Fayette County's population growing?
- Population, July 1, 202421,157
- Census 2020 base population21,490
- Population change since the 2020 census base-1.55 percent
- Population change, 2023 to 2024-52
- Births, 2024216
- Deaths, 2024264
- Natural change, 2024-48
- Net domestic migration, 2024-21
- Net international migration, 202416
- Total net migration, 2024-5
- Cumulative net domestic migration, 2021 to 2024-192
- Rank by growth among US county-equivalents2372nd of 3,144
The county has lost 1.55 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
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 arriving431
- People arriving, from those returns805
- Tax returns filed by households leaving406
- Net household movement25
- Adjusted gross income arriving$20.6 m
- Net adjusted gross income movement$4.3 m
- Average income of an arriving household$47,763
- Average income of a leaving household$40,167
- Largest single originEffingham County (73 households)
- Largest single destinationEffingham County (52 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Effingham County | 73 | 135 | $2.8 m |
| Bond County | 36 | 68 | $1.5 m |
| Marion County | 33 | 73 | $1.3 m |
| Montgomery County | 30 | 42 | $1.2 m |
| Shelby County | 23 | 46 | $964,000 |
| Madison County | 20 | 32 | $1.1 m |
Households arriving report $7,596 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 Effingham 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$770.4 m
- County GDP, 2023$782.8 m
- GDP change, 2023 to 2024-1.6 percent
- GDP change over five years35.5 percent
- Rank by GDP among the Illinois areas BEA publishes70th of 102
- Rank by GDP among the US county areas BEA publishes2055th of 3,127
- GDP per resident$36,142
Output grew -1.6 percent in the latest year and 35.5 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 average5,030
- Establishments reporting460
- Average annual pay$45,171
- Average weekly wage$869
- Retail trade, employment734
- Retail trade, average annual pay$32,849
- Accommodation and food services, employment557
- Accommodation and food services, average annual pay$20,942
- Manufacturing, employment303
- Manufacturing, average annual pay$50,526
- Construction, employment292
- Construction, average annual pay$50,464
- Wholesale trade, employment284
- Administrative and support and waste management services, employment203
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 734 | 58 | $32,849 |
| Accommodation and food services | 557 | 37 | $20,942 |
| Manufacturing | 303 | 20 | $50,526 |
| Construction | 292 | 58 | $50,464 |
| Wholesale trade | 284 | 23 | $60,197 |
| Administrative and support and waste management services | 203 | 13 | $43,916 |
| Finance and insurance | 190 | 21 | $54,775 |
| Other services, except public administration | 160 | 44 | $29,619 |
Retail trade is the largest private sector at 734 jobs, 14.6 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 industries477
- Employment at those establishments4,556
- Annual payroll$183.9 m
- Establishments per 1,000 residents22.4
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, 20242
- Declared construction value permitted$318,000
- Single family units authorized2
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$159,000
- Units authorized per 1,000 households0.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
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$4.3 m
- Average 7(a) approval$713,433
- Median 7(a) approval$455,000
- Largest single approval$2,525,000
- Jobs reported supported, 7(a)29
- Jobs per approval4.8
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals4
- Median 7(a) term183 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter3
- Franchise loans1
- Franchise share of approvals16.7 percent
- Most active lenderPeoples Bank & Trust (3)
- 504 approvals recorded3
- 504 gross approval dollars$3.2 m
- Average 504 approval$1,050,333
- Median 504 approval$1,071,000
- Distinct CDCs active1
- 504 jobs per approval17.3
- 504 jobs per million dollars approved16.5
- Most active CDCSmall Business Growth Corporation (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$7.4 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 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 recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure6
Only 0 loans have 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 lending4
- Vandalia, approvals2
- Beecher City, approvals2
- Brownstown, approvals1
- Ramsey, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Vandalia | 2 | $3,085,000 |
| Beecher City | 2 | $594,000 |
| Brownstown | 1 | $460,000 |
| Ramsey | 1 | $141,600 |
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 area716 sq mi
- Rank by land area among Illinois counties20th of 102
- Width, east to west30.1 mi
- Height, north to south33.3 mi
- Geographies sharing a boundary7
- Residents per square mile of land30
- Establishments per square mile0.67
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 areasNot participating, community 170232
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP1
- NFIP participation rate50.0 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 170232), does not participate 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. 50.0 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 2020-202421,315
- Households7,814
- Average household size2.73
- Median household income$60,944
- Median age41.9
Common questions
Fayette County questions, answered from the record.
How many people live in Fayette County, Illinois?
The Census Bureau estimates 21,157 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 21,315, in 7,814 households, ranking 54th of 102 Illinois 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 1.55 percent since the 2020 census base of 21,490, to 21,157 on July 1, 2024. In 2024 there were 216 births against 264 deaths, with net migration of -5. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fayette County?
$60,944. The median owner-occupied home is valued at $130,700, which is 2.1 times income, and median gross rent is $798 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fayette County?
477 establishments, employing 4,556 people with an annual payroll of $183.9 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?
Retail trade is the largest private sector at 734 jobs, 14.6 percent of covered employment. Covered employment averages 5,030 jobs at an average annual pay of $45,171, or $869 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 $4.3 m since FY2020, across 4 lenders, with a median approval of $455,000, plus 3 504 approvals worth $3.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Fayette County?
2 housing units were authorized by permit in 2024, with a declared construction value of $318,000. Multifamily was 0.0 percent of units. 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 Effingham County, with 73 households. Arriving households report an average income of $47,763 against $40,167 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.
8 Census places lie wholly or partly in Fayette County. All 8 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 |
|---|---|---|---|---|
| Vandalia | city | 5,796 | 2 | Wholly in this county |
| St. Elmo | city | 1,257 | None recorded | Wholly in this county |
| Ramsey | village | 1,094 | 1 | Wholly in this county |
| Brownstown | village | 722 | 1 | Wholly in this county |
| Farina | village | 570 | None recorded | 84.5 percent here, 15.5 percent Marion County |
| St. Peter | village | 338 | None recorded | Wholly in this county |
| La Clede | CDP | 135 | None recorded | Wholly in this county |
| Bingham | village | 63 | None recorded | Wholly in this 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 Beecher City (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