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Places/IN/Fayette
County profile

Fayette

United States · GDP 2024
#2142 of 3,127 US counties by GDP35th-percentile growthmore diversified than 35% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$698.2M
GDP growth
+2.8%
Jobs tracked
4,784
Employers
409
Avg. wage
$43.5k
Population
23,533
Labor & formation
Unemployment
3.7%
Median HH income
$59.3k±$3.9k
Business applications
198 · 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
Health care26%
Manufacturing23%
Retail trade22%
Food & accommodation19%
Other services7%
Wholesale trade4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
23,533
residents · 2025 · +0.7% since 2020
Income per capita $52.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+656
International migration+78
Natural change−563

GDP trend

2019–2024 · nominal
$585.1M
2019
$573.1M
2020
$623.7M
2021
$652.8M
2022
$679.2M
2023
$698.2M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$130.7k±$10.4k
Median gross rent
$791/mo±$36/mo
Vacancy rate
13.6%±2.6%
Affordability
3.0× wages
Residential permits
16 (0.7/1k pop)
FEMA risk score
33.5
HUD Fair Market Rent (2BR):$956/mo · 2026
TOP PERILS · FEMA NRI
Tornado 68Landslide 65Strong wind 60
FHFA HOUSE PRICE INDEX · 2016–2025
148
2016
156
2017
151
2018
162
2019
171
2020
195
2021
223
2022
248
2023
260
2024
270
2025
Wage trend
BLS QCEW · 2019–2023
$43.5k
avg. annual pay · +14% since 2019
Similar US counties
nearest by GDP
Buckingham$697.9MGladwin$698.6MClay$699.4MNewton$699.4MScott$699.5MPark$696.4M
The read

Fayette's economy produced $698.2M in 2024, growing 2.8% year over year — slower than 65% of US counties. Its largest employment sector is health care.

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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