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Economic Atlas
Places/AL/Fayette
County profile

Fayette

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
GDP growth
+3.3%
Jobs tracked
3,269
Employers
277
Avg. wage
$42.9k
Population
15,872
Labor & formation
Unemployment
3.8%
Median HH income
$49.5k±$7.3k
Business applications
151 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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
$360.5M
2019
$363.0M
2020
$400.5M
2021
$429.2M
2022
$464.8M
2023
$480.2M
2024

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 (0.0/1k 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
178
2016
172
2017
193
2018
189
2019
196
2020
217
2021
242
2022
261
2023
259
2024
287
2025
Wage trend
BLS QCEW · 2019–2023
$42.9k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Dixon$480.2MCasey$480.0MMontgomery$479.3MLake$481.1MNorthumberland$478.3MHamilton$478.3M
The read

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.
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