Fayetteville, TN is a small city located in the southern part of the state. The city has a population of about 37,334 people and is known for its friendly atmosphere. The two bedroom rent in this area is $760 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Fayetteville, TN is 94 compared to 100 in the US. \nFayetteville, TN offers many amenities for its citizens. Some of the local companies here include Creekwood Nursing Home & Rehabilitation Center, Lincoln County Memorial Hospital, Hidden Valley Golf Club, EAVES Fayetteville Apartments and Benton Realty & Auction Company Inc. All these businesses provide high quality services to locals and visitors alike.
Fayetteville (zip 37334) has an unemployment rate of 5.1%. The US average is 6.0%.
Fayetteville (zip 37334) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Fayetteville (zip 37334)
- The Sales Tax Rate for Fayetteville (zip 37334) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 37334) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fayetteville (zip 37334)
- The average income of a Fayetteville (zip 37334) resident is $21,590 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville (zip 37334) resident is $54,252 a year. The US average is $69,021 a year.