Fayetteville, North Carolina Income Statistics
Fayetteville Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Fayetteville Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fayetteville | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,065 | $72,438 | $80,455 |
| Median Personal Income | $42,891 | $54,489 | $60,758 |
| Average Yearly Income Growth | 3.6% | 5.2% | 4.8% |
| Six-Figure Earners | 6.8% | 11.9% | 13.9% |
| $200k+ Households | 4.8% | 10.4% | 13.2% |
The median household income in Fayetteville is about 20% lower than in North Carolina. Income has been growing slower in Fayetteville (3.6%/yr) than in North Carolina (5.2%/yr).
About 7% of adults in Fayetteville earn six figures ($100,000 or more) a year, lower than the North Carolina average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Fayetteville, North Carolina grew by 37.0% from 2009 to 2024, reaching $58,065 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Fayetteville
| Metric | Fayetteville | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.518 | 0.547 | 0.552 |
| Male Median Income | $45,432 | $63,136 | $69,667 |
| Female Median Income | $44,304 | $52,579 | $56,850 |
| Gender Pay Gap | 2.5% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Fayetteville, it is 0.518, lower than North Carolina's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 3% more than women's income in Fayetteville, North Carolina. Over a 35-year career, a 3% wage gap accumulates to roughly $39,480 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fayetteville, North Carolina has narrowed from about 19% to 2% in 2024. Over that period the gap was narrowest at 2% in 2023. In dollar terms, the gap has narrowed by $5,963 since 2009.
Employment
| Metric | Fayetteville | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 4.6% | 5.2% |
| Working from Home | 7.7% | 16.3% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 6,501 people are unemployed in Fayetteville, North Carolina.
The average commute time in Fayetteville is 17 minutes, shorter than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fayetteville, North Carolina has fallen from 10.0% to 6.1% in 2024. Over that period the rate peaked at 11.2% in 2013.
Conclusion
Considering all these factors, Fayetteville, North Carolina has an overall wealth index grade of D, making it somewhat worse than North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fayetteville, North Carolina.
How Rich Is Fayetteville, North Carolina?
Fayetteville has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,065, about 20% lower than the North Carolina average of $72,438.
How fast is household income rising in Fayetteville, North Carolina?
Between 2009 and 2024, the median household income in Fayetteville, North Carolina rose 37%, from $42,385 to $58,065. Over the same years, income here lagged behind North Carolina as a whole: +37% against +61%.
What was the median household income in Fayetteville in 2023?
In 2023, the median household income in Fayetteville, North Carolina was $55,783, up 5% from $52,887 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Fayetteville in 2020?
In 2020, the median household income in Fayetteville, North Carolina was $46,282. By 2024 it had risen 25% to $58,065.
Is unemployment high in Fayetteville, North Carolina?
Unemployment in Fayetteville, North Carolina is 6.1%, well above the North Carolina rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Fayetteville, North Carolina?
The Gini coefficient in Fayetteville is 0.518. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Fayetteville, North Carolina?
Since 2009, the income gap between men and women in Fayetteville, North Carolina has narrowed from about 19% to 2% in 2024. Over that period the gap was narrowest at 2% in 2023. In dollar terms, the gap has narrowed by $5,963 since 2009.
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