Zip 28340 (Fairmont, NC) Economy


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28340 Fairmont, NC is a small city with a population of just under 10,000 people. It is located in the western part of Robeson County, North Carolina and is close to the South Carolina border. 2 Bedroom rent in this city is $690, which is considerably less than the US average 2 bedroom rent of $1,430. Furthermore, grocery cost index in Fairmont is 92 compared to 100 in the US. Local businesses and restaurants include Dixie Drive-In restaurant, featuring classic american dishes; Heggie's Pizza, specializing in pizza but also serving other Italian dishes; and Tractor Supply Co., an outdoor equipment store for both home owners and farmers alike.

Fairmont (zip 28340) has an unemployment rate of 6.8%. The US average is 6.0%.

Fairmont (zip 28340) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Fairmont (zip 28340)
- The Sales Tax Rate for Fairmont (zip 28340) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairmont (zip 28340) 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 Fairmont (zip 28340)
- The average income of a Fairmont (zip 28340) resident is $14,862 a year. The US average is $28,555 a year.
- The Median household income of a Fairmont (zip 28340) resident is $32,403 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairmont, North CarolinaUnited States
  6.86
  -5.2%-6.2%
  21.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $18,027$37,638
  $32,403$69,021
  $37,055$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  6.2%6.8%
  17.7%10.0%
  1.1%2.5%
  7.9%11.0%
  5.1%4.8%
  0.9%0.8%
  0.7%1.9%
  2.5%4.7%
  1.0%1.9%
  1.8%7.6%
  0.0%0.1%
  9.0%4.2%
  7.8%9.3%
  16.0%14.0%
  0.4%2.1%
  6.3%7.0%
  2.6%4.8%
  7.7%4.7%
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