Places/WV/Fayette County, WV
County profile

Fayette County, WV

United States · GDP 2024
#1473 of 3,127 US counties by GDPtop-quartile growthmore diversified than 65% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.6B
BEA · 2024
GDP growth (YoY)
+6.8%
BEA · 2024
Jobs tracked
7,593
Census CBP · 2023
Employers
710
Census CBP · 2023
Avg. wage
$46.2k
BLS QCEW · 2023
Population
38,165
Census PEP · 2025
Labor, income & education
Unemployment
5.0%
Median HH income
$53.2k±$2.7k
Bachelor's degree+
15.8%±1.8%
Poverty rate
19.2%±2.7%
Business applications
371 · 2025
Retail establishments
109
28.3/10k 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 care29%
Food & accommodation22%
Retail trade21%
Mining & energy11%
Manufacturing11%
Other services7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
38,165
residents · 2025 · -5.6% since 2020
Income per capita $50.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration479
International migration+40
Natural change1,855

GDP trend

20192024 · nominal
$1.1B
2019
$1.1B
2020
$1.2B
2021
$1.4B
2022
$1.5B
2023
$1.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$105.8k±$4.9k
Median gross rent
$788/mo±$50/mo
Vacancy rate
16.4%±2.2%
Affordability
2.3× wages
Residential permits
$7.4M
27 units · 0.7/1k pop
FEMA risk score
53.4
HUD Fair Market Rent (2BR):$915/mo · 2026
TOP PERILS · FEMA NRI
Lightning 91Landslide 89Avalanche 76
FHFA HOUSE PRICE INDEX · 20162025
142
2016
149
2017
154
2018
149
2019
153
2020
171
2021
180
2022
223
2023
242
2024
267
2025
RESIDENTIAL PERMITS · 20212025
-16% since 2021
32
2021
37
2022
26
2023
28
2024
27
2025

Transport access

BTS · FAA · USACE
Nearest interstate
17.4 km
I-77
Nearest freight rail
2.9 km
CSXT
Nearest port
21.2 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
27.1 km
RALEIGH COUNTY MEML
Wage trend
BLS QCEW · 20192023
$46.2k
avg. annual pay · +18% since 2019
The read

What is the GDP of Fayette?

Fayette's economy produced $1.6B in 2024, growing 6.8% year over yearfaster than most 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.