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The total population of Fayette town is estimated to be 3,650 with 1,803 males (49.40%) and 1,847 females (50.60%). There are 44 more females than males in Fayette town.
The median household income in Fayette town was $79,624 in 2021, which marked an an increase of 2,827(3.68%) from $76,797 in 2020. This income is 106.73% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fayette town sees its highest median household income among householders in the age group of 45 to 64 years old, at $100,863. Overall, the median household income for the town of Fayette town stands at $79,624.
In Fayette town, the median income for all workers aged 15 years and older, regardless of work hours, was $56,831 for males and $31,776 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,009 for males and $46,164 for females.
In Fayette town, population is primarily represented by White households, reporting a median income of $79,857.
In 2022, the population of Fayette town was 3,621, a 0.71% decrease year-by-year from 2021. Previously, in 2021, Fayette town's population was 3,647, a decline of 0.14% compared to a population of 3,652 in 2020.
The median age in Fayette, New York is 41.4, as per 2021 ACS 5-Year Estimates. Of the total population, 24.64% were under the age of 15, 11.68% aged 15 to 29, 41.58% aged 30 to 64, 20.12% aged 65 to 84, and 1.97% were 85 years of age and older.
Racial distribution of Fayette town population: 99.70% are White, 0.14% are Black or African American and 0.16% are Asian.