County profile
Fayette County, AL
United States · GDP 2024
#2428 of 3,127 US counties by GDP39th-percentile growthmore diversified than 19% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$480.2M
BEA · 2024
GDP growth (YoY)
+3.3%
BEA · 2024
Jobs tracked
3,269
Census CBP · 2023
Employers
277
Census CBP · 2023
Avg. wage
$42.9k
BLS QCEW · 2023
Population
15,872
Census PEP · 2025
Labor, income & education
Unemployment
4.0%
Median HH income
$49.5k±$7.3k
Bachelor's degree+
14.9%±2.6%
Poverty rate
21.8%±3.7%
Business applications
151 · 2025
Retail establishments
55
34.5/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing35%
Health care22%
Retail trade18%
Food & accommodation13%
Other services7%
Construction4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
15,872
residents · 2025 · -2.8% since 2020
Income per capita $45.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+63
International migration−9
Natural change−514
GDP trend
2019–2024 · nominal
$360.5M2019
$363.0M2020
$400.5M2021
$429.2M2022
$464.8M2023
$480.2M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$125.9k±$14.8k
Median gross rent
$667/mo±$88/mo
Vacancy rate
19.9%±3.4%
Affordability
2.9× wages
Residential permits
$0
0 units · 0.0/1k pop
FEMA risk score
38.2
HUD Fair Market Rent (2BR):$776/mo · 2026
TOP PERILS · FEMA NRI
Landslide 79Strong wind 72Heat wave 68
FHFA HOUSE PRICE INDEX · 2016–2025
1782016
1722017
1932018
1892019
1962020
2172021
2422022
2612023
2592024
2872025
RESIDENTIAL PERMITS · 2021–2025
02021
02022
02023
02024
02025
Transport access
BTS · FAA · USACE
Nearest interstate
27.3 km
I-22
Nearest freight rail
14.6 km
NS
Nearest port
49.5 km
ALABAMA POWER CO GORGAS STEAM PLANT TRANSLOADER DK
Nearest commercial airport
56.9 km
TUSCALOOSA NTL
Wage trend
BLS QCEW · 2019–2023$42.9k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Fayette?
Fayette's economy produced $480.2M in 2024, growing 3.3% year over year — slower than 61% of US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.