Fayetteville, OH Economy


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Fayetteville, OH is a small town located in Ohio. It offers a peaceful yet vibrant atmosphere with plenty of attractions and amenities. The cost of living in Fayetteville is quite reasonable, with 2 bedroom rent coming in at $1,050 compared to the US average which stands at $1,430. Moreover, the Grocery Cost Index is also lower than the US average at 97 versus 100.
Some well-known local companies in Fayetteville include Classic Productions Inc., Discount Drug Mart Inc., and FullHouse Productions Inc. All of these businesses are dedicated to providing quality services to their customers while also helping the local economy grow.
Overall, Fayetteville provides residents with an affordable place to live with plenty of job opportunities nearby. Its low grocery cost index makes it a great place for people on a budget while its thriving businesses offer plenty of job options for those looking for employment.

Fayetteville has an unemployment rate of 4.9%. The US average is 6.0%.

Fayetteville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Fayetteville
- The Sales Tax Rate for Fayetteville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville is 3.5%. 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 $23,051 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville resident is $62,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayetteville, OhioUnited States
  4.96
  -4.4%-6.2%
  26.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $31,085$37,638
  $62,500$69,021
  $68,750$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  9.8%6.8%
  24.5%10.0%
  0.0%2.5%
  8.6%11.0%
  2.5%4.8%
  0.6%0.8%
  0.0%1.9%
  4.9%4.7%
  3.1%1.9%
  0.0%7.6%
  0.0%0.1%
  4.3%4.2%
  12.3%9.3%
  11.7%14.0%
  0.0%2.1%
  3.7%7.0%
  8.6%4.8%
  4.3%4.7%
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