North Fayette, PA Economy

North Fayette, PA is an ideal place for people looking for a comfortable lifestyle. The city has many amenities to offer including affordable rent, being 2 bedroom rents in North Fayette, PA costing $1,200 compared to the US average of $1,430. Not only is rent relatively low but grocery cost index in North Fayette is 102 compared to the US average of 100; making it one of the most budget friendly places to live. In terms of employment there are plenty of opportunities available as major companies such as FedEx Ground, Foodland Super Markets and other local companies provide employment options for residents.

North Fayette has an unemployment rate of 7.1%. The US average is 6.0%.

North Fayette has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for North Fayette
- The Sales Tax Rate for North Fayette is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Fayette 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 North Fayette
- The average income of a North Fayette resident is $38,273 a year. The US average is $28,555 a year.
- The Median household income of a North Fayette resident is $90,690 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	North Fayette, Pennsylvania	United States
	7.1	6
	-7.1%	-6.2%
	24.3%	33.5%
	7.0%	6.2%
	4.1%	4.6%
	$45,137	$37,638
	$90,690	$69,021
	$126,157	$85,028
Population by Occupation
	0.2%	1.2%
	1.1%	0.5%
	7.1%	6.8%
	12.1%	10.0%
	2.3%	2.5%
	9.2%	11.0%
	7.6%	4.8%
	0.9%	0.8%
	1.7%	1.9%
	8.2%	4.7%
	0.5%	1.9%
	9.8%	7.6%
	0.5%	0.1%
	5.1%	4.2%
	7.5%	9.3%
	13.0%	14.0%
	2.2%	2.1%
	3.8%	7.0%
	4.6%	4.8%
	2.7%	4.7%