Fayetteville, WV is a small town located in Fayette County. It has a thriving local economy with businesses like Cartridge World, Auto Zone, and The Rustic Spoon Cafe. Rent for a two bedroom apartment in Fayetteville is much more affordable than the national average at $960 versus $1,430. There is also an advantage when it comes to grocery costs as well with an index of 93 compared to 100 in the US. This makes Fayetteville an attractive option for those looking for an affordable place to live.
Fayetteville has an unemployment rate of 7.8%. The US average is 6.0%.
Fayetteville has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Fayetteville
- The Sales Tax Rate for Fayetteville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fayetteville
- The average income of a Fayetteville resident is $24,922 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville resident is $58,018 a year. The US average is $69,021 a year.