Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Fayette is a small city located in the state of Missouri. The city has a population of 2,776 inhabitants. If we look at the most recent Census, Fayette is known to have a predominantly White population. The next two most common races are Black and American Indian and Alaskan. With an average age of 28 years old, Fayette could be a great place to live for young adults as this age is well below the national average. Single men and women might be happy to hear that in Fayette, only 32% of the population is married. Not a fan of sitting in traffic during your commute to work? Fayette offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Fayette, Missouri could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Fayette and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the Missouri and national averages.
Using data and statistics Fayette has received a livability score of 69 out of 100. This score is ranked in the 73rd percentile when compared to all other cities. If we explore each of the categories on their own, we see that Fayette ranks well for crime (B), cost of living (A+), education (B-) and housing (A+). The bad news for Fayette, there are some categories for which it does not rank well, this includes: amenities (F).
When contemplating a move, job prospects often top the list of priorities. In Fayette, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.8% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Fayette market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Fayette is actually affordable. Median real estate prices in Fayette come in at $185,149, which is 25.8% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Fayette, the home price to income ratio is 2.8, which is 17.6% lower than the Missouri average.
| Statistic | Fayette | Missouri | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 71.2% | 81.6% | 76.4% |
| Workers who carpool | 7.3% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 11.4% | 1.9% | 2.8% |
| Working from home | 8.2% | 4.6% | 4.6% |
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