Concord, NH is a beautiful city located in Merrimack County with plenty to offer its residents. It has a small-town feel with many local businesses, which include the East Side Restaurant, the Concord Music Hall, and the Market Basket grocery store. The cost of living in Concord is relatively low compared to the rest of the US; for example, two bedroom rental prices are around $1,410 per month - $20 less than the national average - and the Grocery Cost Index is 105 versus 100 elsewhere in the country. Despite this affordability, Concord offers plenty of entertainment and activities to keep its residents happy.
Concord has an unemployment rate of 2.9%. The US average is 6.0%.
Concord 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 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Concord
- The Sales Tax Rate for Concord is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Concord 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 Concord
- The average income of a Concord resident is $30,043 a year. The US average is $28,555 a year.
- The Median household income of a Concord resident is $73,156 a year. The US average is $69,021 a year.