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Places/WV/Fayette
County profile

Fayette

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
GDP growth
+6.8%
Jobs tracked
7,593
Employers
710
Avg. wage
$46.2k
Population
38,165
Labor & formation
Unemployment
4.2%
Median HH income
$53.2k±$2.7k
Business applications
371 · 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 care29%
Food & accommodation22%
Retail trade21%
Mining & energy11%
Manufacturing11%
Other services7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
38,165
residents · 2025 · -5.6% since 2020
Income per capita $50.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−479
International migration+40
Natural change−1,855

GDP trend

2019–2024 · 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
27 (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 · 2016–2025
142
2016
149
2017
154
2018
149
2019
153
2020
171
2021
180
2022
223
2023
242
2024
267
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 · 2019–2023
$46.2k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
Wells$1.6BHot Spring$1.6BHarrison$1.6BClinton$1.6BBremer$1.6BHenry$1.6B
The read

Fayette's economy produced $1.6B in 2024, growing 6.8% year over year — faster 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.
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