Farmville, NC Economy


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Farmville, NC is a small town located in Pitt County. It is known for its affordable cost of living compared to other areas of the state. For example, the average 2 bedroom rent in Farmville is only $960 which is significantly lower than the national average of $1,430. Additionally, the town has a very low grocery cost index of 94 compared to 100 in the US. As such, it is an attractive option for those looking for an affordable place to live. Although it may be small, Farmville offers many amenities such as local restaurants like Dairy Queen and Little Caesar's Pizza and stores like Walmart and Food Lion. The community also has several parks and recreation centers that provide activities for both children and adults alike.

Farmville has an unemployment rate of 4.6%. The US average is 6.0%.

Farmville has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Farmville
- The Sales Tax Rate for Farmville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Farmville is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Farmville
- The average income of a Farmville resident is $21,416 a year. The US average is $28,555 a year.
- The Median household income of a Farmville resident is $44,766 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmville, North CarolinaUnited States
  4.66
  -5.8%-6.2%
  32.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $27,887$37,638
  $44,766$69,021
  $66,307$85,028
  Population by Occupation
  0.0%1.2%
  5.3%0.5%
  5.2%6.8%
  17.3%10.0%
  5.2%2.5%
  9.0%11.0%
  0.8%4.8%
  1.1%0.8%
  0.0%1.9%
  2.4%4.7%
  0.0%1.9%
  5.9%7.6%
  0.0%0.1%
  2.6%4.2%
  6.8%9.3%
  15.6%14.0%
  2.0%2.1%
  16.3%7.0%
  0.5%4.8%
  4.0%4.7%
Health
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