What percentage of people rent in Fayette, AL?
43.9% (±9.6 points) of the occupied homes in Fayette, AL are rented (2020–2024 American Community Survey).
That is 693 renting households against 887 that own their home.
In Fayette, the share of households that rent went from 45.0% in 2015–2019 to 43.9% in 2020–2024 (−1.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 43.9% (±9.6 points)
- Renting households
- 693 (±182)
- Median renter income
- $22,401 (±$9,421)
Who rents and who owns in Fayette
| Fayette | Fayette County | Alabama | United States | |
|---|---|---|---|---|
| Renter-occupied share | 43.9% (±9.6 points) | 21.6% (±3.5 points) | 29.8% (±0.3 points) | 34.8% |
| Renting households | 693 (±182) | 1,350 (±236) | 595,092 (±6,593) | 45,017,354 |
| Owning households | 887 (±170) | 4,905 (±279) | 1,402,155 (±8,895) | 84,210,142 |
| Average renter household size | 2.6 (±0.5) | 2.5 (±0.3) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.3) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $22,401 (±$9,421) | $27,062 (±$5,517) | $38,294 (±$594) | $52,966 |
| Median owner household income | $51,680 (±$12,053) | $56,070 (±$4,780) | $79,108 (±$602) | $100,009 |
In Fayette, the renter share is higher than in Fayette County (21.6%).
It is also higher than in Alabama (29.8%).
It is not measurably different from the national figure (34.8%).
In Fayette County, Fayette ranks 1 of 4 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 64 of 514.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Fayette has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 45.0% (±7.3 points) | 43.9% (±9.6 points) | −1.1 percentage points | Not a measurable change |
| Median gross rent | $512 (±$39) | $640 (±$121) | +25.0% | No measurable change after inflation |
| Median household income | $33,472 (±$10,168) | $36,473 (±$11,291) | +9.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Fayette
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Fayette | — | 43.9% (±9.6 points) | — |
| Belk | 6.3 mi | 15.3% (±15.4 points) | Lower |
| Kennedy | 12 mi | 18.1% (±9.4 points) | Lower |
| Berry | 13 mi | 40.1% (±17.6 points) | Not measurably different |
| Glen Allen | 15 mi | 6.2% (±8.3 points) | Lower |
| Winfield | 17 mi | 25.6% (±7.3 points) | Lower |
| Vernon | 17 mi | 53.4% (±11.6 points) | Not measurably different |
| Millport | 17 mi | 32.4% (±14.0 points) | Not measurably different |
| Gu-Win | 17 mi | 6.7% (±9.1 points) | Lower |
Nearby places with a measurably lower figure: Belk, AL (15.3%), Kennedy, AL (18.1%), Glen Allen, AL (6.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fayette County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Fayette | 43.9% (±9.6 points) |
| 2 | Berry | 40.1% (±17.6 points) |
| 3 | Belk | 15.3% (±15.4 points) |
| 4 | Glen Allen | 6.2% (±8.3 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Fayette
How many renters are there in Fayette?
Fayette has an estimated 693 (±182) renting households, 43.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Fayette?
In Fayette, the share of households that rent went from 45.0% in 2015–2019 to 43.9% in 2020–2024 (−1.1 percentage points), not a measurable change.
How big are renting households in Fayette?
A renting household in Fayette has 2.6 people on average, against 2.4 in an owned home.
How much do renters earn in Fayette?
The median renting household in Fayette, AL has an income of $22,401 (±$9,421) a year, against $51,680 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fayette city, Alabama
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fayette city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fayette city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fayette city, Alabama
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fayette city, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Fayette city, Alabama (place:25840, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Fayette at a glance
- Median rent in Fayette
- Rent by bedrooms in Fayette
- Income and affordability in Fayette
- Home values in Fayette
- Homeowner costs in Fayette
- Property taxes in Fayette
- Types of homes in Fayette
- Bedrooms in Fayette
- Age of homes in Fayette
- Heating fuel in Fayette
- Commute and cars in Fayette
- Crime reported to police in Fayette
- Population growth in Fayette
- How long people stay in Fayette
- Alabama landlord and tenant rules
- Housing across Fayette County
- Alabama places ranked by share of renters
- Housing data for every place in Alabama