Fairplains, NC is a great place to live with affordable housing costs. According to data, the average 2 Bedroom rent in Fairplains is only $770 per month which is quite a bit lower than the US average of $1,430. In addition to housing, groceries and other goods are also cheaper in Fairplains than most other places in the US. The Grocery Cost Index for Fairplains is 95 versus 100 in the US on average. This makes it a great option for those looking to save on costs. Popular local companies include Sal's Pizza, Bistro Burger Bar, Quiznos Subs, and many more eateries that locals love. For those wanting an affordable place to live with plenty of amenities nearby then Fairplains would be an ideal choice!
Fairplains has an unemployment rate of 4.4%. The US average is 6.0%.
Fairplains 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Fairplains
- The Sales Tax Rate for Fairplains is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairplains 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 Fairplains
- The average income of a Fairplains resident is $16,879 a year. The US average is $28,555 a year.
- The Median household income of a Fairplains resident is $42,512 a year. The US average is $69,021 a year.