Fayetteville, TX is an attractive town for many to live. The 2 bedroom rent in the city costs $1,020 a month, less than the US average of $1,430. Additionally, the Grocery Cost Index in Fayetteville is 92 compared to 100 in the US. This means that groceries will cost less than elsewhere. There are also plenty of businesses and companies located in Fayetteville for those looking to work or shop locally. Notable companies include Ferguson Enterprises, Inc., G&G Steel Fabricators and Service Co., and R&R Tool and Machine Works LLC. Fayetteville is a great place to settle down with an affordable cost of living and plenty of local business opportunities.
Fayetteville has an unemployment rate of 5.4%. The US average is 6.0%.
Fayetteville has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Fayetteville
- The Sales Tax Rate for Fayetteville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville is 0.0%. 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 $23,241 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville resident is $54,231 a year. The US average is $69,021 a year.