What Is The Average Household Income In Fayetteville Nc?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 19.3
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $46,321
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $25,659

How much do you need to make to live in Fayetteville NC?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 0 Children
Required annual income after taxes $25,059 $39,475
Annual taxes $5,955 $9,380
Required annual income before taxes $31,013 $48,855

Is the cost of living high in Fayetteville NC?

Fayetteville’s housing expenses are 29% lower than the national average and the utility prices are 4% lower than the national average. Transportation expenses like bus fares and gas prices are 2% lower than the national average. Fayetteville has grocery prices that are 3% lower than the national average.

What is a good household income in NC?

And to be in the top 5 percent of income earners in North Carolina, households need to make at least $213,009 per year. The state’s current median household income stands at $57,341 annually, the report says.

Is Fayetteville NC poor?

Poverty by Age and Sex
19.3% of the population for whom poverty status is determined in Fayetteville, NC (37.8k out of 196k people) live below the poverty line, a number that is higher than the national average of 12.3%.

How much does it cost to live in Fayetteville?

Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Fayetteville is $1,264, while home prices circle around $287,514.

See also  Who Was Fayetteville Arkansas Named After?

Is Fayetteville cheap to live?

U.S. News & World Report broke down its recent list of the 100 Best Places to Live, and found that Fayetteville is the most affordable of them all.

Is Fayetteville NC A nice place to live?

Fayetteville ranked No. 244 out of 256 for fastest growing city, No. 60 out of 182 as a sinful city and No. 144 out of 182 cities as a happiest place to live.

What is the average electric bill in Fayetteville NC?

In Fayetteville, NC, the average monthly electricity bill for residential consumers is $152/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,268 kWh * 12 ¢/kWh.

Is Fayetteville North Carolina a safe place to live?

With a crime rate of 45 per one thousand residents, Fayetteville has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 22.

What is a livable salary in NC?

Living Wage Calculation for North Carolina

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $17.14 $36.37
Poverty Wage $6.19 $12.74
Minimum Wage $7.25 $7.25

What salary is middle class in NC?

North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St. analysis.

See also  How Much Do You Need To Make To Live In Fayetteville Ar?

What salary is upper class in NC?

$30,023 is the 25th percentile. Salaries below this are outliers. $52,248 is the 75th percentile.

What is Fayetteville NC known for?

Fayetteville is directly adjacent to Fort Bragg, one of the largest military installations in the world. The military base is home to the Army’s XVIII Airborne Corps and the 82nd Airborne Division, as well as the U.S. Army Special Operations Command and the 3rd Special Forces Group.

What percentage of Fayetteville NC is black?

Fayetteville Demographics
Black or African American: 42.60%

What percentage of Fayetteville is military?

Fayetteville ranks No. 2 in the nation for military families
According to a news release, the analysis found that 14.4% of the Fayetteville population lives in military households. Fort Bragg, the most populated military installation in the U.S., borders Fayetteville, and has about 50,000 troops.

How much are utilities per month Fayetteville NC?

Cost of Living in Fayetteville

Restaurants Edit
Utilities (Monthly) Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 144.92$
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.00$
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 68.71$

What is the cost of living in Raleigh NC?

Raleigh cost of living is 102.3

COST OF LIVING Raleigh North Carolina
Grocery 100.6 96.5
Health 93.2 107.5
Housing 118.5 81
Median Home Cost $346,600 $242,300

What is the cost of living in Charlotte North Carolina?

A family of four can expect to spend about $3,400/month in living expenses. That cost does not include rent or mortgage payments. The average cost of living for one person in Charlotte is just under $950/month without accounting for rent or mortgage payments.

See also  Is Fayetteville State University Nursing Program Accredited?

How far is Fayetteville NC to the beach?

One of the best parts about living in Fayetteville is the proximity to the North Carolina beaches. Only about an hour and forty-five-minute drive to the nearest beach, taking a day trip is easy and worth the drive.

Does Fayetteville NC get hurricanes?

More than two dozen have reached N.C., and two major storms hit Fayetteville. In 1996, Hurricane Fran roared through with top winds of 79 mph, knocking out power for as much as two weeks. In 2018, Hurricane Florence sloshed across southeastern North Carolina, dumping up to 3 feet of rain.