Fayette County, WV

This county of 37,683 residents needs 518 more housing units over the next five years. Fayette County is part of the Fayette/Raleigh MPO (FRMPO).

Housing snapshot

Population
37,683 (2026)
Households
15,609
Median household income
$59,384 (2026)
Typical home value
$154,835
Owner-occupied
65%
Five-year housing need
518 units

Comparison to other West Virginia counties

Fayette County: $59,384 Median income (2026 estimate)
<$34K >$90K
Fayette County: 0.54 jobs to household ratio
<0.31 >1.41
Fayette County: Permits since 2021 represent 0.8% of housing
<0% >5.1%
On this page

How affordable is this community?

At $154,835, typical home prices in Fayette County, WV are close to the West Virginia average of $141,012. Fayette County, WV's median household income of $59,384 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Fayette County, WV has a population of roughly 39,519, though it has been declining at 1.2% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Fayette County, WV has roughly 15,609 households, though population has been declining at 1.2% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Fayette County, WV is heavily oriented toward detached single-family, which makes up 77% of units. Homeownership is the norm in Fayette County, WV, with 65% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Fayette County, WV needs 518 new units over the next 5 years.

518
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
258
Replacement housing
Effective annual loss rate is 2.7 per 1,000 units.
97
Ownership vacancy adjustment
Owner-occupied vacancy is 0.7%. This is below the minimum stable target of 1.5%.
163
Substandard housing adjustment
Substandard housing rate is 2.01%. This is above National avg. of 0.98%.
518
Total 5-year housing production need (2026-2031)
104
Annual production pace
Average units needed per year to meet 5-year need
2.7%
Total housing unit growth
Percent increase in housing stock over 5 years
0.5%
Annual housing unit growth
Average percent increase in housing stock per year

How do these communities compare to each other?