Fayette, WI Economy


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United States / Wisconsin / No Metro Area / Lafayette County / Fayette / Zip Codes
Fayette, WI is an ideal place to live for those looking for a cheaper cost of living. The two bedroom rent in Fayette is $840, which is much lower than the US average of $1,430. In addition, the Grocery Cost Index in Fayette is 93 compared to 100 in the US. If you're looking to move to this area, you can find work at companies such as Whitetail Gardens Farm & Greenhouse and Badger Mining Corporation. Both business are long-standing members of the community and offer a variety of career opportunities for those looking to settle down in Fayette.

Fayette has an unemployment rate of 3.9%. The US average is 6.0%.

Fayette has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 45.4%, which is higher than the US average of 33.5%.

Tax Rates for Fayette
- The Sales Tax Rate for Fayette is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fayette is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fayette
- The average income of a Fayette resident is $32,025 a year. The US average is $37,638 a year.
- The Median household income of a Fayette resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayette, WisconsinUnited States
  3.96
  -4.3%-6.2%
  45.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $32,025$37,638
  $67,500$69,021
  $70,833$85,028
  Population by Occupation
  22.5%1.2%
  0.0%0.5%
  14.7%6.8%
  7.3%10.0%
  4.2%2.5%
  10.5%11.0%
  1.6%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  1.6%1.9%
  5.2%7.6%
  0.0%0.1%
  0.0%4.2%
  8.4%9.3%
  8.9%14.0%
  1.6%2.1%
  3.1%7.0%
  7.9%4.8%
  0.5%4.7%
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