Fairhope, PA is a small town with an inviting atmosphere. It has plenty of amenities that make it attractive to prospective residents. The town offers low rent costs of $990 for two bedroom rentals compared to the U.S. average of $1,430, making it an economical choice for renters. Grocery costs are also comparatively lower in Fairhope than the rest of the country according to its grocery cost index of 98.
The town is home to several local businesses such as Rachel's Flowers & Gifts, Fairhope Hardware & Supply Co., and Ghiotto's Italian Restaurant that provide residents with necessary goods and services as well as entertainment options. Despite being a small town, Fairhope has plenty to offer its citizens with great schools, vibrant local culture, and year-round events and activities that bring people together from all over the region. People flock to this area because of its affordability as well as its charm and sense of community.
Fairhope CDP (Fayette County) has an unemployment rate of 10.2%. The US average is 6.0%.
Fairhope CDP (Fayette County) has seen the job market decrease by -7.0% 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 Fairhope CDP (Fayette County)
- The Sales Tax Rate for Fairhope CDP (Fayette County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairhope CDP (Fayette County) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairhope CDP (Fayette County)
- The average income of a Fairhope CDP (Fayette County) resident is $27,653 a year. The US average is $37,638 a year.
- The Median household income of a Fairhope CDP (Fayette County) resident is $41,397 a year. The US average is $69,021 a year.