Places/PA/Fayette County, PA
County profile

Fayette County, PA

United States · GDP 2024
#677 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 64% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$5.4B
BEA · 2024
GDP growth (YoY)
+0.9%
BEA · 2024
Jobs tracked
31,590
Census CBP · 2023
Employers
2,485
Census CBP · 2023
Avg. wage
$49.5k
BLS QCEW · 2023
Population
123,021
Census PEP · 2025
Labor, income & education
Unemployment
5.0%
Median HH income
$58.2k±$2.0k
Bachelor's degree+
19.1%±1.1%
Poverty rate
16.8%±1.1%
Business applications
1,043 · 2025
Retail establishments
409
33.0/10k pop

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 care32%
Retail trade23%
Food & accommodation19%
Manufacturing12%
Admin & support7%
Transportation7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
123,021
residents · 2025 · -4.3% since 2020
Income per capita $52.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration711
International migration+428
Natural change5,263

GDP trend

20192024 · nominal
$4.8B
2019
$4.4B
2020
$4.5B
2021
$5.0B
2022
$5.4B
2023
$5.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$143.2k±$5.4k
Median gross rent
$793/mo±$18/mo
Vacancy rate
11.2%±1.0%
Affordability
2.9× wages
Residential permits
$51.2M
196 units · 1.6/1k pop
FEMA risk score
82.2
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 87Lightning 81Hail 75
FHFA HOUSE PRICE INDEX · 20162025
242
2016
252
2017
260
2018
269
2019
273
2020
295
2021
332
2022
344
2023
365
2024
379
2025
RESIDENTIAL PERMITS · 20212025
-17% since 2021
235
2021
288
2022
177
2023
189
2024
196
2025

Transport access

BTS · FAA · USACE
Nearest interstate
28.5 km
I-70
Nearest freight rail
1.4 km
SWP
Nearest port
24.9 km
ALLEGHENY ENERGY SUPPLY, HATFIELD POWER STATION, NEMACOLIN DOCK
Nearest commercial airport
38.5 km
MORGANTOWN MUNI/WALTER L BILL HART FLD
Wage trend
BLS QCEW · 20192023
$49.5k
avg. annual pay · +18% since 2019
The read

What is the GDP of Fayette?

Fayette's economy produced $5.4B in 2024, growing 0.9% year over yearslower than 76% 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.