Fayetteville, NC is a great place to live due to its low cost of living. The 2 bedroom rent in Fayetteville 28312 is an affordable $890 compared to the US average of $1,430. Grocery costs are also much lower than the US average, with a Grocery Cost Index of 95 versus 100 in the US.
Fayetteville offers plenty of job opportunities as it is home to large companies like Goodyear Tire & Rubber Company, Methodist University, and Cumberland County Schools. In addition, Amazon recently opened up a distribution center which has created hundreds of jobs for local residents. Furthermore, healthcare organizations such as Cape Fear Valley Health System and WakeMed Health & Hospitals provide many full-time and part-time employment opportunities. Finally, Fayetteville's growing technology hub provides further employment prospects for those looking for a job in software development or design.
Fayetteville (zip 28312) has an unemployment rate of 6.5%. The US average is 6.0%.
Fayetteville (zip 28312) 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 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Fayetteville (zip 28312)
- The Sales Tax Rate for Fayetteville (zip 28312) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 28312) 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 28312)
- The average income of a Fayetteville (zip 28312) resident is $28,317 a year. The US average is $37,638 a year.
- The Median household income of a Fayetteville (zip 28312) resident is $54,276 a year. The US average is $69,021 a year.