Fayetteville, NC (zip code 28305) is an affordable city with a variety of local businesses. Two bedroom rent in this area is $1,000 per month, which is significantly less than the US average of $1,430. Grocery cost index in Fayetteville is 95 compared to the national average of 100. Notable local companies include Fayetteville Technical Community College, Methodist University, and Fayetteville State university; all of which are highly rated educational establishments. There are also many restaurants and shopping centers in the area that contribute to its affordability. All in all, Fayetteville makes for an excellent choice for residents looking for a budget-friendly place to live and work.
Fayetteville (zip 28305) has an unemployment rate of 7.1%. The US average is 6.0%.
Fayetteville (zip 28305) has seen the job market decrease by -6.6% 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 28305)
- The Sales Tax Rate for Fayetteville (zip 28305) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 28305) 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 28305)
- The average income of a Fayetteville (zip 28305) resident is $45,939 a year. The US average is $37,638 a year.
- The Median household income of a Fayetteville (zip 28305) resident is $56,786 a year. The US average is $69,021 a year.