Cumberland County, NC Economy


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United States / North Carolina / / Cumberland County / Cities / Zip Codes
Cumberland, NC County is a great place to live with a strong sense of community and plenty of local businesses and attractions. The county offers an affordable cost of living, with two bedroom rents averaging around $1,040 per month compared to the national average of $1,430. Grocery costs are also lower at 95 versus 100 in the US. Businesses include the Fayetteville Regional Airport, Sara Lee Bakery Outlet and more along with several local attractions such as the Fascinate-U Children's Museum, Festival Park and others.

Cumberland County has an unemployment rate of 6.5%. The US average is 6.0%.

Cumberland County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Cumberland County
- The Sales Tax Rate for Cumberland County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cumberland County 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 Cumberland County
- The average income of a Cumberland County resident is $23,204 a year. The US average is $28,555 a year.
- The Median household income of a Cumberland County resident is $50,746 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCumberland, North CarolinaUnited States
  6.56
  -6.6%-6.2%
  30.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $26,899$37,638
  $50,746$69,021
  $61,486$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  6.0%6.8%
  8.9%10.0%
  1.8%2.5%
  14.1%11.0%
  4.5%4.8%
  0.6%0.8%
  1.3%1.9%
  2.0%4.7%
  2.0%1.9%
  4.4%7.6%
  0.0%0.1%
  4.3%4.2%
  9.4%9.3%
  15.6%14.0%
  1.4%2.1%
  9.4%7.0%
  5.1%4.8%
  8.3%4.7%
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