Fayette County, Ohio Income Statistics
Fayette County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
C
Fayette County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fayette County | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,449 | $71,509 | $80,455 |
| Median Personal Income | $50,968 | $58,431 | $60,758 |
| Average Yearly Income Growth | 5.2% | 4.4% | 4.8% |
| Six-Figure Earners | 7.8% | 11.1% | 13.9% |
| $200k+ Households | 6.9% | 9.1% | 13.2% |
The median household income in Fayette County is about 11% lower than in Ohio. Income has been growing faster in Fayette County (5.2%/yr) than in Ohio (4.4%/yr).
About 8% of adults in Fayette County earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Fayette County, Ohio grew by 57.5% from 2009 to 2024, reaching $63,449 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Fayette County
| Metric | Fayette County | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.524 | 0.532 | 0.552 |
| Male Median Income | $62,545 | $67,200 | $69,667 |
| Female Median Income | $46,218 | $54,076 | $56,850 |
| Gender Pay Gap | 26.1% | 19.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Fayette County, it is 0.524, lower than Ohio's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 35% more than women's income in Fayette County, Ohio. Over a 35-year career, a 35% wage gap accumulates to roughly $571,445 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fayette County, Ohio has widened from about 20% to 26% in 2024. Over that period the gap was narrowest at 12% in 2019. In dollar terms, the gap has widened by $8,394 since 2009.
Sharply against the trend: the pay gap in Fayette County widened by 6.0 points while Ohio's narrowed by 5.7 points.
Employment
| Metric | Fayette County | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 4.8% | 5.2% |
| Working from Home | 5.5% | 13.0% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 501 people are unemployed in Fayette County, Ohio.
The average commute time in Fayette County is 22 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fayette County, Ohio has fallen from 12.0% to 3.7% in 2024. Over that period the rate peaked at 12.0% in 2012.
Fayette County, OH Wealth Compared With Nearby Counties
Fayette County, OH is the smallest of the 6 counties compared here, 28,876 residents against a local median of 44,416. Nothing separates Fayette County, OH sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median household income, 14% below the local median at $63,449 against $73,984. Fayette County, OH has the 6th highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Fayette County, OH | 28,876 | $63,449 #6/6 | 5.2%/yr #3/6 | 3.7% #4/6 | 0.524 #2/6 |
| Madison County, OH | 44,416 | $88,282 | 5.3%/yr | 3.5% | 0.553 |
| Clinton County, OH | 42,019 | $69,410 | 4.5%/yr | 4.5% | 0.536 |
| Highland County, OH | 43,517 | $65,084 | 6.1%/yr | 3.1% | 0.488 |
| Pickaway County, OH | 60,131 | $73,984 | 2.9%/yr | 3.5% | 0.545 |
| Greene County, OH | 169,687 | $88,933 | 4.8%/yr | 4.2% | 0.539 |
Conclusion
Considering all these factors, Fayette County, Ohio has an overall wealth index grade of C, making it about on par with Ohio, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fayette County, Ohio.
How Rich Is Fayette County, Ohio?
Fayette County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,449, about 11% lower than the Ohio average of $71,509.
Are incomes growing in Fayette County, Ohio?
Between 2009 and 2024, the median household income in Fayette County, Ohio rose 58%, from $40,282 to $63,449. Over the same years, income here outpaced Ohio as a whole: +58% against +51%.
What was the median household income in Fayette County in 2023?
In 2023, the median household income in Fayette County, Ohio was $60,090, up 7% from $56,114 in 2022. The Ohio median that year was $69,792.
What was the median household income in Fayette County in 2020?
In 2020, the median household income in Fayette County, Ohio was $49,163. By 2024 it had risen 29% to $63,449.
Is unemployment high in Fayette County, Ohio?
Unemployment in Fayette County, Ohio is only 3.7%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Fayette County, Ohio?
The Gini coefficient in Fayette County is 0.524. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Fayette County, Ohio?
Since 2009, the income gap between men and women in Fayette County, Ohio has widened from about 20% to 26% in 2024. Over that period the gap was narrowest at 12% in 2019. In dollar terms, the gap has widened by $8,394 since 2009.
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