Fairfield, NC Economy


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United States / North Carolina / No Metro Area / Hyde County / Fairfield / Zip Codes
Fairfield, NC is a small town located in North Carolina. It is known for its affordable housing with 2 Bedroom apartments renting for $800 compared to the US average of $1,430. Additionally, the grocery cost index in Fairfield is 89 compared to the US average of 100 - making food more affordable as well. There are a number of local companies and businesses in Fairfield, such as Wake Forest Baptist Health Clemmons Medical Center, Cloninger Ford-Lincoln, Wells Fargo Bank, Miller's Brothers Enterprises Inc., and H&T Auto Services. These businesses provide great job opportunities for those who live in and near the town.

Fairfield has an unemployment rate of 8.4%. The US average is 6.0%.

Fairfield has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 14.4%, which is lower than the US average of 33.5%.

Tax Rates for Fairfield
- The Sales Tax Rate for Fairfield is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield
- The average income of a Fairfield resident is $15,514 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield resident is $35,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield, 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%
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