PLACES I NEVER HEARD OF · Economic development and business services

Fayette County, West Virginia

Economy at a glance · FIPS 54019 · updated 2026-10-29
MeasureValueDetail
Population38,60012024 estimate; -16.1% since 2010
Net migration+2012023; 378 births and 714 deaths
Median household income$53,1942ACS 2024 5-year
Poverty rate19.2%2ACS 2024 5-year
Unemployment rate5.6%2ACS 2024 5-year
Housing vacancy16.4%2ACS 2024 5-year
Median home value$105,8002ACS 2024 5-year
Median gross rent$7882ACS 2024 5-year
Private-sector jobs7,59332023; 710 employers; largest: Health care and social assistance (1,688), Accommodation and food services (1,288), Retail trade (1,252)
Average pay per private job$47,22232023 annual payroll ÷ jobs
Bank deposits in county branches$606.9M4June 2025; 13 branches of 7 banks
Home loans per $100 deposited$12.152025: 503 mortgages, $73.7M
Land banks serving the county36Fayette County Land Reuse Agency; Montgomery Land Reuse Agency; Smithers Land Reuse Agency

Sources

  1. County population estimates and components: U.S. Census Bureau (PEP) · our locked copy (2026-10-26, sha256 5f42115d8aa5)
  2. American Community Survey 5-year county estimates: U.S. Census Bureau (ACS)
  3. County Business Patterns (establishments, employment, payroll by industry): U.S. Census Bureau · our locked copy (2026-10-28, sha256 e9539e96ceb9)
  4. Summary of Deposits (branch deposits): FDIC · our locked copy (2026-10-27, sha256 b500c06fab59)
  5. HMDA mortgage originations by county: CFPB / FFIEC · our locked copy (2026-10-27, sha256 bc8453dfad57)
  6. West Virginia land reuse agencies (land banks): West Virginia Land Stewardship Corporation · our locked copy (2026-10-29, sha256 5fec93234d56)
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