In 1928, Victor and Lucy Patterson began manufacturing Golden Eagle Syrup in Fayette.

The syrup is still produced locally in a manufacturing facility in downtown Fayette.

[2] At the 2000 census there were 4,922 people, 2,092 households, and 1,303 families living in the city.

There were 2,336 housing units at an average density of 273.0 per square mile (105.4/km2).

At the 2010 census there were 4,619 people, 1,924 households, and 1,206 families living in the city.

There were 2,239 housing units at an average density of 257.4 per square mile (99.4/km2).

As of the 2020 United States census, there were 4,285 people, 1,888 households, and 1,178 families residing in the city.

The local radio stations are WLDX Big Cat and WTXT.

The climate in this area is characterized by hot, humid summers and generally mild to cool winters.