Manchester, NH is a bustling city in the New England area known for its diverse cultural attractions and strong economy. With a population of around 110,000 people, it is an ideal place to live for those looking for employment opportunities while still enjoying all the amenities of a big city. In terms of cost of living, Manchester's 2 bedroom rent averages around $1,650 per month compared to the national average of $1,430. Additionally, the grocery cost index in Manchester is 105 versus 100 in the US, making it a bit more expensive to shop locally than elsewhere.
Many large companies have offices located in Manchester such as Liberty Mutual Group, National Field Network, T-Mobile USA Inc., and Fidelity Investments. In addition to these prominent businesses there are many smaller start-ups and mid-size businesses that make their home here such as Stonyfield Farm yogurt company and Dyn Inc., a provider of internet performance management solutions.
Manchester has an unemployment rate of 3.8%. The US average is 6.0%.
Manchester has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Manchester
- The Sales Tax Rate for Manchester is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Manchester is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Manchester
- The average income of a Manchester resident is $28,189 a year. The US average is $28,555 a year.
- The Median household income of a Manchester resident is $66,929 a year. The US average is $69,021 a year.