Fayette is a city located in Fayette County Iowa. With a 2020 population of 1,435, it is the 208th largest city in Iowa and the 8886th largest city in the United States . Fayette is currently declining at a rate of -0.21% annually but its population has increased by 7.25% since the most recent census, which recorded a population of 1,338 in 2010. Fayette reached it's highest population of in . Spanning over 1 miles, Fayette has a population density of 971 people per square mile.
The average household income in Fayette is $84,357 with a poverty rate of 30.42%. The median rental costs in recent years comes to $651 per month, and the median house value is $86,100. The median age in Fayette is 24.9 years, 23.1 years for males, and 25.8 years for females.