C+

Fayette, IA

Source:

Affordability Score: 63/100

Population: 1,871 · 1 ZIP codes

The affordability dashboard for Fayette, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,871 residents, then layers in county-level federal data to produce an overall grade of C+ (63/100). The headline inputs are median household income of $56,875, median home value of $162,500, median rent of $1,319 per month, and 30.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $919 per month (studio $682, 1BR $723, 3BR $1,210, 4BR $1,439). Department of Labor data lists infant center-based childcare at $8,425 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Fayette, IA include commute, rent. Unemployment currently reads 4.1% and poverty 20.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$56,875
Median household income
Education C-
30.1%
Bachelor's degree or higher
Housing B
2.9x
Home value $162,500 vs income
Commute A-
17 min
Average commute time
Rent A-
$919/mo
2BR fair market rent (19% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$8,425/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$56,875
▼ 8% vs national
Per Capita Income
$29,281
Unemployment Rate
4.1%
Poverty Rate
20.8%

Housing

Median Home Value
$162,500
▼ 41% vs national
Median Rent
$1,319/mo
Owner Occupied
65.9%
2BR Fair Market Rent
$919/mo
▼ 23% vs national

Fair Market Rents by Bedroom

Studio
$682
1BR
$723
2BR
$919
3BR
$1,210
4BR
$1,439

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
30.1%
▲ 0 ppt vs national
High School+
64.9%
Median Age
30.9
Avg. Commute
17 min
▼ 9 min vs national

Childcare Costs

Infant (Center)
$8,425/yr
15% of income
Toddler (Center)
$7,259/yr
Preschool (Center)
$7,259/yr
School-Age (Center)
$5,807/yr

What This Means

Fayette, IA receives an overall affordability grade of C+ (63/100), aggregated from 1 ZIP codes with a total population of 1,871. This area performs well in commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Fayette ZIP Codes
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What are common questions about this dashboard?

Is Fayette, IA affordable?
Fayette, IA receives an overall affordability grade of C+ (63/100) based on Census, HUD, FBI, and DOL data. Median household income is $56,875. Median home value is $162,500.
What is the cost of living in Fayette?
Key cost metrics: Median rent $1,319/mo. 2BR fair market rent $919/mo. Infant childcare $8,425/yr. Median home value $162,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →