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Market insights · Illinois

Fayette County, IL: growth, migration and housing

Fayette County has 20,790 residents, down 3.2% since 2020 (-0.8% in the last year). In 2022–2023, 350 households moved in and 417 moved out (-67 net), while a net $3.4M of income left. Median household income is $60,944, the median home $130,700 and median rent $798 a month.

Population (2025)20,790
5-year growth-3.2%
1-year growth-0.8%
Net households moving in-67
Per 1,000 residents-3.2
Net income moving in-$3.4M
Median household income$60,944
Median home value$130,700
Median rent$798/mo
Rent as share of income16%

In Illinois: 75th of 102 counties for 5-year population growth · 77th of 102 counties for net in-migration (per resident) · 79th of 102 counties for median household income · 57th of 102 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Fayette County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Effingham County, IL66$2.4M
Shelby County, IL28$1.8M
Bond County, IL26$1.0M
Marion County, IL22$0.9M
Montgomery County, IL21$1.0M

Where leavers went

Top counties by households leaving Fayette County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Effingham County, IL75$3.0M
Marion County, IL33$1.5M
Bond County, IL29$1.3M
Madison County, IL25$1.5M
Montgomery County, IL25$0.7M

BizyFi in Fayette County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.