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Economy, jobs and prices in Fayetteville, North Carolina: official figures

The median household income in Fayetteville was $58,407 a year in the 2020-2024 American Community Survey (in 2024 dollars), 124th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the North Carolina median $72,388.

Median household income
$58,407
2020-2024
Unemployment rate (ACS)
7.9%
2020-2024
Mean travel time to work
19.1 min
2020-2024
Median gross rent (monthly)
$1,250
2020-2024
Median home value (owner-occupied)
$188,000
2020-2024
Homes occupied by their owners
47.4%
2020-2024
Households with a broadband subscription
91.5%
2020-2024

What is the per capita income in Fayetteville?

Income per resident (per capita income) in Fayetteville averaged $32,728 a year in 2020-2024, 175th lowest of 823 US cities of 50,000 or more (US: $44,673; North Carolina: $41,385).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Fayetteville?

Fayetteville's Gini index of household income inequality was 0.446 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 410th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Fayetteville, North Carolina?

7.9% of the civilian labor force in Fayetteville was unemployed on average over 2020-2024 (6,573 people), 97th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and North Carolina's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Fayetteville are working?

66.7% of Fayetteville's 165,472 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 338th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Fayetteville have jobs?

76,429 residents of Fayetteville held civilian jobs, 46.2% of those aged 16 and over (US: 59.7%), and 27,390 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Fayetteville?

The largest industry group for working residents of Fayetteville was education, health care and social assistance (26.1% of employed residents), followed by retail trade (13.2%) and arts, entertainment, recreation, accommodation and food services (11.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Fayetteville work in manufacturing?

Manufacturing employed 8.4% of working residents of Fayetteville, 367th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 9.9% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Fayetteville, North Carolina?

Commuters in Fayetteville took 19.1 minutes on average to get to work in 2020-2024, 117th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.1% travelled an hour or more and 37.9% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Fayetteville get to work?

7.7% of workers living in Fayetteville worked from home in 2020-2024, 96th lowest of 823 US cities of 50,000 or more (US: 15.1%). 73.1% drove to work alone, 10.4% carpooled, 0.5% used public transport and 6.7% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Fayetteville, North Carolina?

The median gross rent (rent plus utilities) in Fayetteville was $1,250 a month in 2020-2024, 229th lowest of 823 US cities of 50,000 or more (US: $1,413; North Carolina: $1,228).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Fayetteville?

Owner-occupied homes in Fayetteville had a median value of $188,000 in 2020-2024 as estimated by their owners, 92nd lowest of 823 US cities of 50,000 or more (US: $332,700; North Carolina: $288,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Fayetteville?

The median home value in Fayetteville was 3.2 times the median household income, 133rd lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Fayetteville, North Carolina own their home?

47.4% of the 82,689 occupied homes in Fayetteville were lived in by their owners in 2020-2024 and 43,492 were rented, 158th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; North Carolina: 66.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Fayetteville have broadband?

91.5% of households in Fayetteville had a broadband internet subscription of some type in 2020-2024, 309th lowest of 823 US cities of 50,000 or more (US: 91.0%; North Carolina: 90.1%).

Source: U.S. Census Bureau · saved copy

How many households in Fayetteville have no internet?

6.2% of households in Fayetteville (5,116) had no internet access at home in 2020-2024, 262nd highest of 823 US cities of 50,000 or more (US: 6.5%); 9.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Fayetteville compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Fayetteville ranks 700 of 823, highest first.

RankCityMedian household income (2024 dollars)
697Cleveland$58,559
698Iowa City$58,546
699Troy$58,477
700Fayetteville$58,407
701Schenectady$58,399
702Columbus$58,073
703St. Joseph$57,956
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Fayetteville ranks 649 of 823, highest first.

RankCityPer capita income (2024 dollars)
646Waterloo$32,837
647Midwest City$32,775
648Decatur$32,769
649Fayetteville$32,728
650Independence$32,713
651Evansville$32,690
652Cleveland$32,659
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Fayetteville ranks 410 of 823, highest first.

RankCityGini index of household income inequality
407Hoover0.447
408Columbus0.447
409Elyria0.447
410Fayetteville0.446
411Anaheim0.446
412Overland Park0.446
413Quincy0.446
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Fayetteville ranks 97 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
94Meriden8.0%
95Rochester7.9%
96Perris7.9%
97Fayetteville7.9%
98Dearborn Heights7.9%
99Hawthorne7.9%
100New Britain7.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Fayetteville ranks 338 of 823, highest first.

RankCityLabor force participation rate (16 and over)
335Chesapeake66.8%
336Simi Valley66.8%
337Oxnard66.8%
338Fayetteville66.7%
339Anaheim66.7%
340Richmond66.7%
341Burbank66.7%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Fayetteville ranks 707 of 823, highest first.

RankCityMean travel time to work (minutes)
704San Angelo19.2
705Ocala19.2
706Green Bay19.2
707Fayetteville19.1
708Kokomo19.1
709Canton19.1
710Kingsport19.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Fayetteville ranks 728 of 823, highest first.

RankCityWorkers who worked from home
725Rialto7.8%
726Muncie7.8%
727Pasco7.7%
728Fayetteville7.7%
729Wichita7.7%
730Jonesboro7.7%
731Bryan7.7%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Fayetteville ranks 606 of 823, highest first.

RankCityWorkers commuting by public transportation
603Lodi0.5%
604Waukesha0.5%
605Colorado Springs0.5%
606Fayetteville0.5%
607Sterling Heights0.5%
608Wylie0.5%
609Pearland0.5%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Fayetteville ranks 457 of 823, highest first.

RankCityEmployed residents working in manufacturing
454Omaha8.5%
455Springfield8.4%
456Memphis8.4%
457Fayetteville8.4%
458Hialeah8.4%
459Commerce City8.3%
460Blue Springs8.3%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Fayetteville ranks 182 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
179El Paso26.2%
180North Little Rock26.1%
181Elk Grove26.1%
182Fayetteville26.1%
183Albany26.1%
184Macon-Bibb County26.1%
185San Luis Obispo26.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Fayetteville ranks 595 of 823, highest first.

RankCityMedian gross rent per month
592Tyler$1,252
593New Orleans$1,251
594St. Charles$1,251
595Fayetteville$1,250
596Carson City$1,248
597Winter Haven$1,246
598Kennewick$1,240
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Fayetteville ranks 732 of 823, highest first.

RankCityMedian value of owner-occupied homes
729McAllen$190,400
730Edinburg$189,600
731Fort Wayne$188,900
732Fayetteville$188,000
733San Angelo$187,600
734Cedar Rapids$187,100
735Warner Robins$185,700
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Fayetteville ranks 688 of 820, highest first.

RankCityMedian home value as a multiple of median household income
685Bowie3.2x
686Joplin3.2x
687Pasadena3.2x
688Fayetteville3.2x
689Lafayette3.2x
690Augusta3.2x
691Olathe3.2x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Fayetteville ranks 666 of 823, highest first.

RankCityOccupied homes lived in by their owners
663Daytona Beach47.5%
664Hempstead47.5%
665Chapel Hill47.4%
666Fayetteville47.4%
667San Diego47.3%
668Waterbury47.2%
669Boulder47.2%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Fayetteville ranks 515 of 823, highest first.

RankCityHouseholds with a broadband subscription
512Baldwin Park91.5%
513Wichita91.5%
514Midwest City91.5%
515Fayetteville91.5%
516Oshkosh91.5%
517Las Cruces91.5%
518Stonecrest91.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Fayetteville ranks 262 of 823, highest first.

RankCityHouseholds with no internet access
259Chattanooga6.2%
260Peoria6.2%
261Rapid City6.2%
262Fayetteville6.2%
263Bloomington6.2%
264Hollywood6.2%
265Fort Myers6.2%
Source: U.S. Census Bureau · saved copy

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Sources

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