Newmarket, NH is a small town situated in the Seacoast region of New Hampshire. It has a wide array of businesses ranging from restaurants, entertainment venues, retail stores, and more. The cost of living in Newmarket is slightly higher than the national average with the cost of two bedroom rent being about $1,710 compared to $1,430 nationally. Additionally, the grocery cost index in Newmarket is 106 versus 100 in the US. Popular companies located in this city are the Lamprey Energy and New England Dragway Inc., which brings racing events for locals and visitors alike.
Newmarket has an unemployment rate of 3.2%. The US average is 6.0%.
Newmarket 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 Newmarket
- The Sales Tax Rate for Newmarket is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newmarket 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 Newmarket
- The average income of a Newmarket resident is $32,894 a year. The US average is $28,555 a year.
- The Median household income of a Newmarket resident is $83,070 a year. The US average is $69,021 a year.