Fayston is a very small town located in the state of Vermont. With a population of 1,347 people and just one neighborhood, Fayston is the 101st largest community in Vermont.
Real Estate Prices
Fayston home prices are not only among the most expensive in Vermont, but Fayston real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Fayston is a decidedly white-collar town, with fully 85.41% of the workforce employed in white-collar jobs, well above the national average. Overall, Fayston is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Fayston who work in management occupations (20.11%), sales jobs (10.91%) and office and administrative support (9.07%).
Of important note, Fayston is also a town of artists. Fayston has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Fayston’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.86% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Another notable thing is that Fayston is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Because of many things, Fayston is a great place for families with children to consider. First of all, many other families with children live here, making Fayston a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Fayston has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Fayston’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.