Fayetteville is located close to the center of Tennessee. Fayetteville is part of Lincoln County. Fayetteville has 10.90 square miles of land area and 0.06 square miles of water area. As of 2010-2014, the total Fayetteville population is 6,991, which has shrunk 0.04% since 2000. The population growth rate is much lower than the state average rate of 13.40% and is much lower than the national average rate of 11.61%. Fayetteville median household income is $30,488 in 2010-2014 and has grown by 27.94% since 2000. The income growth rate is higher than the state average rate of 22.72% and is about the same as the national average rate of 27.36%. Fayetteville median house value is $95,400 in 2010-2014 and has grown by 49.06% since 2000. The house value growth rate is about the same as the state average rate of 50.43% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Fayetteville is much better than the state average in quality. The Fayetteville area code is 931.