Fayetteville, NC (zip code 28303) is an affordable place to live due to its low cost of living. The average rent for a two bedroom apartment in Fayetteville is $1,040 per month, which is significantly lower than the US average rent of $1,430. Additionally, Fayetteville's Grocery Cost Index of 94 compares favorably with the national index of 100. Fayetteville residents enjoy big city amenities without the associated costs - making it an attractive place to live. Some notable local companies include the Fayetteville Woodpeckers Minor League Baseball Team, E.E. Smith High School, and Cape Fear Valley Health System. With its lower rental costs and grocery prices, Fayetteville offers a great quality of life at an affordable price point.
Fayetteville (zip 28303) has an unemployment rate of 7.1%. The US average is 6.0%.
Fayetteville (zip 28303) 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 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Fayetteville (zip 28303)
- The Sales Tax Rate for Fayetteville (zip 28303) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 28303) 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 Fayetteville (zip 28303)
- The average income of a Fayetteville (zip 28303) resident is $28,746 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville (zip 28303) resident is $43,839 a year. The US average is $69,021 a year.