Cost of Living in Fayette County, AL
Population 16,053 · Census ACS 2020–2024 5-year estimates
The median rent in Fayette County, AL is $667/month, 34% lower than the Alabama median and 53% lower than the U.S. median. The median home value is $125,900, 62% lower than the national median. Households earn a median of $49,488 a year, 23% lower than the state median.
Affordability
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Fayette County vs. Alabama vs. U.S.
| Fayette County | Alabama | U.S. | |
|---|---|---|---|
| Median rent | $667 | $1,007 | $1,413 |
| Median home value | $125,900 | $209,900 | $332,700 |
| Median household income | $49,488 | $63,999 | $80,734 |
| Homeownership rate | 78.4% | 70.2% | 65.2% |
| Bachelor's degree or higher | 14.9% | 28.4% | 35.7% |
| Poverty rate | 21.8% | 15.6% | 12.5% |
| Unemployment rate | 8.4% | 4.7% | 5.2% |
| Work from home | 2.9% | 8.8% | 15.1% |
| Median age | 43.3 | 39.3 | 38.9 |
FAQ
What is the average rent in Fayette County, AL?
The median gross rent in Fayette County, AL is $667 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Fayette County, AL?
Using the common 30% rule, renting a median-priced home takes about $26,680 a year in gross income.
Is Fayette County, AL expensive to live in?
Rent there is 53% lower than the U.S. median, and the median home costs about 2.5 times the median household income.
Other counties in Alabama
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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