Cumberland County · North Carolina · South · 211k residents
Fayetteville, NC: economy, jobs & business costs
The site-selection read on Fayetteville: labor costs, talent, corporate tax, energy, and business activity, with the North Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,102/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Fayetteville side by side
Avg. weekly wage
$1,102/wk
Corporate income tax
2.25%
Bachelor's degree or higher
29%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Fayetteville's economy is moving, ranked against the US cities we track.
51/100
Steady
Ranks Fayetteville's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $188,000 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.82% |
| 1-bedroom rent | $1,023/mo |
| 2-bedroom rent | $1,174/mo |
| State & local income tax | 3.15% |
| Sales tax | 7% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $1,102/wk |
| Bachelor's degree or higher | 29% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 21.9/1k |
| Wage: Software developer | $122,900 |
| Wage: Registered nurse | $83,060 |
| Wage: General manager | $96,970 |
| Wage: Customer service | $35,130 |
| Wage: Warehouse worker | $35,000 |
| Wage: Heavy truck driver | $49,980 |
| Wage: Electrician | $57,690 |
| Wage: Retail salesperson | $30,440 |
| Cost of living index | 85 |
| Groceries index | 98 |
| Utilities | $155/mo |
| Transit pass | $55/mo |
| Gas price | $3.05/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,050/mo |
| Median household income | $58,407 |
| Unemployment rate | 3.8% |
| Population | 211k |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 38/100 |
| Disaster risk | 90/100 |
| Avg. commute | 25 min |
| Sunny days / year | 213 days |
| July high | 91°F |
| January low | 32°F |
| Annual snowfall | 1 in |
| Home price YoY | +0.3% |
| Home price MoM | -0.3% |
| Rent YoY | +2.8% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | -0.6% |
| Building permits YoY | +99.4% |
| Ocean coast | 83 mi |
| Big lake | 115 mi |
| Mountains | 182 mi |
| Major airport | 57 mi |
| Ski resort | 186 mi |
Popular comparisons
Nearby
- Hope Mills, NC · 18k
- Lumberton, NC · 19k
- Southern Pines, NC · 16k
- Sanford, NC · 31k
- Pinehurst, NC · 18k
Similar size
- Cary, NC · 179k
- Winston-Salem, NC · 252k
- Durham, NC · 291k
- Wilmington, NC · 121k
- Greensboro, NC · 301k
Real listings in Fayetteville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Fayetteville a good place to run a business?
- North Carolina's corporate income tax rate is 2.25%; average weekly wages in the surrounding labor market run $1,102/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Fayetteville, NC?
- Fayetteville indexes at 85 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,174/mo and a acs median home value of $188,000.
- How much does a house cost in Fayetteville?
- The acs median home value in Fayetteville is $188,000 (Census ACS estimate; individual listings vary).
- How much is rent in Fayetteville?
- A two-bedroom in Fayetteville rents for about $1,174/mo.