Is Fayette, ME growing?
Fayette, ME had an estimated 1,383 (±211) residents in 2020–2024, against 1,080 in 2015–2019.
That is a change of +28.1%, a measurable increase.
Its housing went from 816 to 847 homes (+3.8%), not a measurable change.
1.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,383 (±211)
- Amount of change
- +28.1%
- Homes change
- +3.8%
- Built 2020 or later
- 1.1%
Residents and homes in Fayette, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,080 (±137) | 1,383 (±211) | +28.1% | Measurable increase |
| Housing units | 816 (±81) | 847 (±108) | +3.8% | Not a measurable change |
| Households that rent | 8.8% (±5.3 points) | 11.3% (±6.3 points) | +2.5 percentage points | Not a measurable change |
| Median gross rent | $1,188 (±$127) | $983 (±$816) | −17.3% | No measurable change after inflation |
| Median home value | $172,500 (±$22,379) | $257,600 (±$48,414) | +49.3% | 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.
Growth in Fayette against Kennebec County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Fayette | +28.1% | Measurable increase | +3.8% |
| Kennebec County | +4.2% | Measurable increase | +1.2% |
| Maine | +3.9% | Measurable increase | +1.2% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Fayette
| Year built | Fayette | Kennebec County | Maine | United States |
|---|---|---|---|---|
| 2020 or later | 1.1% (±1.7 points) | 1.0% | 1.4% | 2.0% |
| 2010 to 2019 | 12.2% (±4.4 points) | 5.7% | 7.1% | 9.4% |
| 2000 to 2009 | 18.2% (±6.2 points) | 11.7% | 12.4% | 13.6% |
13.3% of the homes in Fayette were built in 2010 or later.
The median age of residents is 58.8 years.
Growth in places near Fayette
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Fayette | — | 1,383 | +28.1% | Measurable increase |
| Livermore Falls | 3.6 mi | 3,102 | −1.7% | Measurable decrease |
| Mount Vernon | 5.7 mi | 1,716 | +17.2% | Not a measurable change |
| Livermore Falls (community) | 6.2 mi | 1,409 | −11.2% | Not a measurable change |
| Wayne | 6.4 mi | 1,101 | −0.3% | Not a measurable change |
| Readfield | 6.7 mi | 2,651 | +3.7% | Measurable increase |
| Livermore | 7.5 mi | 1,868 | −9.6% | Not a measurable change |
| Chesterville | 7.5 mi | 1,397 | +11.0% | Not a measurable change |
| Jay | 8.8 mi | 4,657 | +0.4% | Not a measurable change |
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
Is Fayette growing?
Fayette, ME had an estimated 1,383 residents in 2020–2024 and 1,080 in 2015–2019, a change of +28.1%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Fayette?
The estimated number of housing units went from 816 in 2015–2019 to 847 in 2020–2024 (+3.8%), not a measurable change.
How much new construction is there in Fayette?
1.1% of homes in Fayette were built in 2020 or later and 12.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fayette town, Kennebec County, Maine
- 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) for Fayette town, Kennebec County, Maine (county subdivision:24950, in state:23 county:011).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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
- 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
- How long people stay in Fayette
- Maine landlord and tenant rules
- Housing across Kennebec County
- Housing data for every place in Maine