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 decrease by -5.6% 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 $43,159 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Faith
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Mike · 
Over 1 years ago

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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