South Hooksett, NH Economy


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South Hooksett, NH is a vibrant place to live, offering plenty of local businesses, attractions, and amenities. With two bedroom rent costs slightly higher than the national average at $1,630 per month, it’s an affordable option for those looking for city living without breaking the bank. The area also offers a grocery cost index of 106 versus 100 in the US adding further value to all residents. Local restaurants include Taqueria El Sombrero which serves up authentic Mexican cuisine as well as The Mad Moose which offers classic American fare. In terms of recreational activities there are several parks nearby such as Bull Brook Park with its 40-foot waterfall and sports fields, or Living Memorial Park which features a walking trail and pond. Shopping opportunities abound with stores like Kohl’s and Ocean State Job Lot located in the area. All these amenities make South Hooksett an ideal location to live and work in the Granite State.

South Hooksett has an unemployment rate of 3.0%. The US average is 6.0%.

South Hooksett has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for South Hooksett
- The Sales Tax Rate for South Hooksett is 0.0%. The US average is 7.3%.
- The Income Tax Rate for South Hooksett 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 South Hooksett
- The average income of a South Hooksett resident is $33,666 a year. The US average is $28,555 a year.
- The Median household income of a South Hooksett resident is $91,806 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Hooksett, New HampshireUnited States
  36
  -5.0%-6.2%
  31.4%33.5%
  0.0%6.2%
  0.0%4.6%
  $40,107$37,638
  $91,806$69,021
  $128,958$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  7.9%6.8%
  10.5%10.0%
  2.6%2.5%
  6.1%11.0%
  2.7%4.8%
  1.3%0.8%
  2.6%1.9%
  4.2%4.7%
  1.9%1.9%
  7.3%7.6%
  0.0%0.1%
  5.2%4.2%
  11.0%9.3%
  12.8%14.0%
  3.2%2.1%
  8.7%7.0%
  6.8%4.8%
  5.0%4.7%
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