Faith, NC Economy


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Faith, NC is a small town located in the United States that offers affordable living costs and convenient access to businesses. The average 2 Bedroom rent is $930 per month, which is much lower than the US average of $1,430. Additionally, grocery costs in Faith are 96 compared to 100 on average across the US. Local businesses include Faith Pharmacy, Deli's Diner, and Betsy's Salon & Spa. These businesses offer residents convenient access to goods and services without having to travel far from home.

Faith has an unemployment rate of 4.7%. The US average is 6.0%.

Faith has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.

Tax Rates for Faith
- The Sales Tax Rate for Faith is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Faith 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 Faith
- The average income of a Faith resident is $22,262 a year. The US average is $28,555 a year.
- The Median household income of a Faith resident is $112,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFaith, North CarolinaUnited States
  4.76
  -5.6%-6.2%
  41.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $43,159$37,638
  $112,500$69,021
  $150,833$85,028
  Population by Occupation
  0.0%1.2%
  1.2%0.5%
  16.6%6.8%
  11.9%10.0%
  2.4%2.5%
  16.9%11.0%
  1.4%4.8%
  3.2%0.8%
  0.8%1.9%
  4.0%4.7%
  0.0%1.9%
  8.5%7.6%
  0.0%0.1%
  2.2%4.2%
  4.7%9.3%
  13.2%14.0%
  0.0%2.1%
  4.3%7.0%
  5.4%4.8%
  3.2%4.7%
Reviews for Faith
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Mike · 

I’ve lived here in Faith for several years. It’s quite, friendly and old fashioned. Less than 1000 in population. Everyone knows pretty much everyone. If you’re a  More

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