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Fayetteville, WV Profile: Facts & Data

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Fayetteville, West Virginia - Basic Facts

The Town of Fayetteville had a population of 2,815 as of July 1, 2024.

The primary coordinate point for Fayetteville is located at latitude 38.0529 and longitude -81.104 in Fayette County. The formal boundaries for the Town of Fayetteville encompass a land area of 5.55 sq. miles and a water area of 0.01 sq. miles. Fayette County is in the Eastern time zone (GMT -5).

The Town of Fayetteville has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Fayetteville is located within New Haven District, a minor civil division (MCD) of Fayette County.


Jump to... (On This Page!)
  1. Fayetteville 2024 Demographic Data
  2. Growth Rates for Fayetteville (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. West Virginia Research Tools (Easy Tools & Current Data)
  3. West Virginia Data Comparison Tool - 2024 Demographics
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Fayetteville, WV Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 2,815 (100%)
Population in Households 2,772 (98.5%)
Population in Families 2,269 (80.6%)
Population in Group Quarters1 43 ( 1.5%)
Population Density 488
Diversity Index2 19
 
 

INCOME

Median Household Income $57,150
Average Household Income $71,719
% of Income for Mortgage4 16%
Per Capita Income $31,589
Wealth Index5 52
Socioeconomic Status Index6 Moderate (47.1)
 

HOUSING

Total HU (Housing Units) 1,363 (100%)
Owner Occupied HU 1,005 (73.7%)
Renter Occupied HU 234 (17.2%)
Vacant Housing Units 124 ( 9.1%)
Median Home Value $148,783
Average Home Value $170,771
Housing Affordability Index3 157
 

HOUSEHOLDS

Total Households 1,239
Average Household Size 2.24
Family Households 791
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.59% -0.52%
Households -0.13% -0.23%
Families   -0.10%
Median Household Income   2.62%
Per Capita Income   3.20%
Owner Occupied HU   0.00%

Fayetteville, WV - Peer Comparisons by Rank and Percentile

The table below compares Fayetteville to the other 439 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 55 88th
Population Density # 263 40th
Median Household Income # 133 70th
Housing Affordability Index # 236 54th
Per Capita Income # 153 65th
Diversity Index # 135 69th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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