Fayette City is a small town located in Pennsylvania. This quaint town is home to various businesses including Robinson's Family Grocery, The Fayette Hotel and Restaurant, and Fayette Hardware. This town offers a relaxed atmosphere with its local shops and restaurants. Furthermore, the cost of living in Fayette City is lower than most US cities. Rent for 2 bedroom apartments averages to $820 which is significantly less than the national average of $1430 per month. Additionally, groceries are also more affordable as the Grocery Cost Index here is 96 versus 100 in the US. All together, this makes Fayette City an attractive place to live for those looking for a tranquil lifestyle at an economical price.
Fayette City has an unemployment rate of 10.2%. The US average is 6.0%.
Fayette City has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Fayette City
- The Sales Tax Rate for Fayette City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayette City is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fayette City
- The average income of a Fayette City resident is $15,876 a year. The US average is $28,555 a year.
- The Median household income of a Fayette City resident is $49,688 a year. The US average is $69,021 a year.