Tamworth, NH is a small town located in eastern New Hampshire. It is home to several local businesses such as White Mountain Oil & Propane, Libby’s Bread & Breakfast, and Huggins Hospital. The cost of living in Tamworth is relatively low compared to the rest of the United States with an average rent for two bedrooms being $1,200 versus $1,430 in the US overall. Additionally, grocery items are generally 10% cheaper in Tamworth than they are across America with a grocery cost index of 107 versus 100 nationwide. People who want to live somewhere more rural with a bit lower prices might find that Tamworth is an ideal spot for them to call home.
Tamworth has an unemployment rate of 4.1%. The US average is 6.0%.
Tamworth has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Tamworth
- The Sales Tax Rate for Tamworth is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Tamworth 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 Tamworth
- The average income of a Tamworth resident is $36,544 a year. The US average is $28,555 a year.
- The Median household income of a Tamworth resident is $56,700 a year. The US average is $69,021 a year.