Newington, NH Economy


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Newington, NH is a small town located in the Seacoast region of New Hampshire. It is home to a number of local businesses and offers great cost savings on many services compared to the national average. Rent for a two bedroom apartment in Newington is $1,830, which is significantly lower than the US average of $1,430. The grocery cost index in Newington is also much lower than the US average at 109 versus 100. Local companies in Newington include Piscataqua Automotive Repair Inc., Nashua River Boat Company, and Hampton Beach State Park among others.

Newington has an unemployment rate of 2.0%. The US average is 6.0%.

Newington has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Newington
- The Sales Tax Rate for Newington is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newington 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 Newington
- The average income of a Newington resident is $40,537 a year. The US average is $28,555 a year.
- The Median household income of a Newington resident is $145,987 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewington, New HampshireUnited States
  26
  -5.2%-6.2%
  36.0%33.5%
  0.0%6.2%
  0.0%4.6%
  $66,988$37,638
  $145,987$69,021
  $191,111$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  6.0%6.8%
  6.9%10.0%
  3.8%2.5%
  5.8%11.0%
  2.5%4.8%
  0.7%0.8%
  1.4%1.9%
  5.1%4.7%
  1.8%1.9%
  21.7%7.6%
  0.0%0.1%
  3.3%4.2%
  5.6%9.3%
  20.8%14.0%
  1.3%2.1%
  1.3%7.0%
  2.0%4.8%
  7.6%4.7%
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