Fayetteville, North Carolina (28314) is a vibrant city located in Cumberland County. Its population is approximately 208,000 people. The median 2 Bedroom rental rate in the area is $1,180 which is significantly lower than the US median of $1,430. The grocery cost index in Fayetteville has been measured at 94 against 100 for the entire country. The local economy in Fayetteville boasts a number of employers such as Purolator International, ESPN Radio Fayetteville, and Goodyear Tire & Rubber Co. Industries such as healthcare services, retail trade, and educational services are prevalent within the region and offer many employment opportunities. There are also numerous small businesses that contribute to the local economy. The combined effect of these companies creates an economic environment with plenty of job opportunities for both citizens and visitors alike.
Fayetteville (zip 28314) has an unemployment rate of 7.1%. The US average is 6.0%.
Fayetteville (zip 28314) 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 28314)
- The Sales Tax Rate for Fayetteville (zip 28314) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 28314) 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 28314)
- The average income of a Fayetteville (zip 28314) resident is $23,531 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville (zip 28314) resident is $52,709 a year. The US average is $69,021 a year.