Fearrington Village, NC is a charming town with small-town charm. It is known for its friendly residents and beautiful landscape. The average 2 bedroom rent in Fearrington Village, NC is $1120 which is much lower than the national average of $1430. The grocery cost index in Fearrington Village, NC is also much lower than the US at 101 versus 100. This makes Fearrington Village an affordable place to live. Several local companies offer goods and services to the community including Fearrington Farmers Market, Fearrington Country Store, Gizmoz Coffee House & Café, Fearrington Post Office, and more. Residents enjoy a high quality of life thanks to the low cost of living combined with the local amenities available in Fearrington Village.
Fearrington Village has an unemployment rate of 3.4%. The US average is 6.0%.
Fearrington Village has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Fearrington Village
- The Sales Tax Rate for Fearrington Village is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fearrington Village 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 Fearrington Village
- The average income of a Fearrington Village resident is $51,488 a year. The US average is $28,555 a year.
- The Median household income of a Fearrington Village resident is $87,576 a year. The US average is $69,021 a year.