A small town in Tennessee, Fayetteville has a population of just over 7,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (23%) here than they do nationally (14%), while young professionals are less well-represented. Residents are evenly split between owning (50%) and renting (50%) their home. The town boasts a relatively low average rent of $662/month, which is $221 less than the state average.
With an average commute time of about 24 minutes, quicker than most cities in the state, Fayetteville residents have found that getting to work isn't overly time-consuming. Many residents (36%) commute to work by car or truck, while public transit isn't used. Walking isn't a common method of commuting to work.
There are two primary industries in Fayetteville: manufacturing and retail. Together, these industries make up 18% of the labor force in the town. Meanwhile, looking at job function, 7% of the town's population works in sales, making it the top career path in the town. With an average annual income of just under $45,000, Fayetteville workers take home less than the average Tennessee resident. Fayetteville's average income also falls below the national average of $73,345. Compared to the national average, Fayetteville has a large number of residents over the age of 25 who have a high school degree or GED (28%). Additionally, 10% possess a Bachelor's degree and 3% have a Master's or Doctoral degree.
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