Fayette County, TX Economy


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United States / Texas / No Metro Area / Fayette County / Cities / Zip Codes
Fayette, TX County is a great place to live! It has an affordable cost of living, with the average 2 bedroom rent being $910 compared to the US average of $1,430. This makes it a great choice for families or individuals who are on a budget. Grocery costs are also quite low in Fayette, TX County with the cost index being 91 versus 100 in the US. There are many local companies to choose from such as Ace Hardware, McEntire's Home Center and H-E-B Plus!. The area is vibrant and diverse, making it a great place for anyone looking for a new home.

Fayette County has an unemployment rate of 5.4%. The US average is 6.0%.

Fayette County has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Fayette County
- The Sales Tax Rate for Fayette County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fayette County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fayette County
- The average income of a Fayette County resident is $28,403 a year. The US average is $28,555 a year.
- The Median household income of a Fayette County resident is $66,624 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayette, TexasUnited States
  5.46
  -6.9%-6.2%
  23.9%33.5%
  6.8%6.2%
  0.0%4.6%
  $33,556$37,638
  $66,624$69,021
  $81,768$85,028
  Population by Occupation
  3.4%1.2%
  1.3%0.5%
  11.1%6.8%
  13.6%10.0%
  3.5%2.5%
  11.7%11.0%
  3.8%4.8%
  3.9%0.8%
  1.0%1.9%
  4.2%4.7%
  1.6%1.9%
  2.8%7.6%
  0.0%0.1%
  1.7%4.2%
  7.1%9.3%
  12.5%14.0%
  1.2%2.1%
  5.0%7.0%
  6.5%4.8%
  4.1%4.7%
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