Fayetteville, NC
| Data Series | Jan 2022 | May 2022 |
|---|---|---|
| Unemployment Rate(2) | 5.6 | 5.2 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 130.5 | 133.5 |
| 12-month % change | 3.2 | 3.0 |
What is the job market like in Fayetteville North Carolina?
FAYETTEVILLE, N.C. (WTVD) — Fayetteville is the worst city in the country for finding a job, according to a recent study done by WalletHub. The company compared more than 180 U.S. cities against their job-market strength. They range from job opportunities to employment growth to monthly average starting salary.
What is the unemployment rate in North Carolina right now?
3.40%
North Carolina Unemployment Rate is at 3.40%, compared to 3.40% last month and 5.00% last year. This is lower than the long term average of 5.79%.
Is Fayetteville a good place to live in North Carolina?
Top North Carolina city for safety
Wallet Hub also ranked Fayetteville as No. 74 out of 182 cities across the U.S. and No. 6 out of North Carolina cities on its November list of safest cities in the U.S.
What is the cost of living in Fayetteville NC?
Fayetteville cost of living is 80.9
| COST OF LIVING | Fayetteville | USA |
|---|---|---|
| Health | 118.2 | 100 |
| Housing | 44.8 | 100 |
| Median Home Cost | $150,500 | $291,700 |
| Utilities | 98.4 | 100 |
Why are people moving to Fayetteville NC?
Located in the Sandhills region of southeastern North Carolina, the city of Fayetteville was named an “All American City” multiple times by the National Civic League. With a low unemployment rate and growing defense industry, multiple American defense contractors are moving to the area and creating jobs for residents.
Is Fayetteville NC A good place to invest?
Home values in Fayetteville, NC increased by 20.5% over the past year and have grown by nearly 56% since 2016. The median listing price of a home for sale in Fayetteville is $189,000 according to the most recent report from Realtor.com (November 2021).
How many job openings are there in NC?
254,430 job openings
More broadly, there are 254,430 job openings and 162,513 candidates across North Carolina, which puts the number of candidates per job at about 0.64.
How many open jobs are there in North Carolina?
As of the end of November 2021, the most recent month of available data, there were 10.6 million open jobs in the United States, a 56% increase from one year ago. In North Carolina, an estimated 338,000 jobs remain unfilled, up 62.5% from the same period last year and equal to 6.9% of all jobs in the state.
What is the economy like in North Carolina?
In 2018, North Carolina had the 11th largest state economy by gross domestic product (GDP) in the U.S. at nearly $566 billion. 9 The state’s real GDP increased 2.9% over the past year, matching the 2.9% growth at the national level.
What is the safest area to live in Fayetteville North Carolina?
Rockfish Township
Located in Cumberland County, the town of Rockfish has a population of 59,196 people. Considered one of the best places to live in Fayetteville, Rockfish offers a suburban and rural feel. There are many families that live here and many own their own homes.
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.
Where is the cheapest place to live in North Carolina?
10 Most Affordable Places to Live in North Carolina
- Cary. Having a low unemployment rate is just as important as a city’s affordability.
- Durham. Durham is a city that has everything wrapped into a single location, all the while maintaining its affordability.
- Concord.
- Wilmington.
- Chapel Hill.
- Morrisville.
- Wake Forest.
- Raleigh.
What is a good salary in Fayetteville NC?
Average Salary in Fayetteville, NC
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $87,001 | $42 |
| 75th Percentile | $65,250 | $31 |
| Average | $56,716 | $27 |
| 25th Percentile | $43,065 | $21 |
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 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.
What is living in Fayetteville NC like?
Living in Fayetteville offers residents a dense suburban feel and most residents rent their homes. In Fayetteville there are a lot of parks. Many families and young professionals live in Fayetteville and residents tend to lean liberal. The public schools in Fayetteville are above average.
Where is the best place to live in North Carolina?
Raleigh. Raleigh again tops our list of best places to live in North Carolina — and our list of the best places to live anywhere in the U.S., as well.
What is it like to live in Fayetteville?
Nestled in the Ozark Mountains, Fayetteville attracts outdoorsy types with its abundance of state parks, acres of community green space, playgrounds, parks and walking trails. The metro area also boasts a first-class performing arts center, an active local food movement, live music venues and a dynamic festival scene.
How fast is Fayetteville NC growing?
0.38% annually
Fayetteville has a 2020 population of 210,089. Fayetteville is currently growing at a rate of 0.38% annually and its population has increased by 0.76% since the most recent census, which recorded a population of 208,501 in 2010.
Is Fayetteville NC a buyers market?
Sale-to-List Price Ratio: 105.98% Homes in Fayetteville, NC sold for 5.98% above asking price on average in June 2022. Fayetteville, NC is a buyer’s market in June 2022, which means that the supply of homes is greater than the demand for homes.