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All about

Fayetteville, TN

A small town in Tennessee, Fayetteville has a population of just over 7,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (23%) here than they do nationally (14%), while young professionals are less well-represented. Residents are evenly split between owning (50%) and renting (50%) their home. The town boasts a relatively low average rent of $662/month, which is $221 less than the state average.

With an average commute time of about 24 minutes, quicker than most cities in the state, Fayetteville residents have found that getting to work isn't overly time-consuming. Many residents (36%) commute to work by car or truck, while public transit isn't used. Walking isn't a common method of commuting to work.

There are two primary industries in Fayetteville: manufacturing and retail. Together, these industries make up 18% of the labor force in the town. Meanwhile, looking at job function, 7% of the town's population works in sales, making it the top career path in the town. With an average annual income of just under $45,000, Fayetteville workers take home less than the average Tennessee resident. Fayetteville's average income also falls below the national average of $73,345. Compared to the national average, Fayetteville has a large number of residents over the age of 25 who have a high school degree or GED (28%). Additionally, 10% possess a Bachelor's degree and 3% have a Master's or Doctoral degree.

Average Rent in Fayetteville

Studio1 Bed2 Bed3 Bed
Dec 19$400$450$545
Oct 19400450545
Sep 19400450545
Aug 19400450545
Jul 19400450545
Jun 19400450545
May 19400450545
Apr 19400450545
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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