Lancaster, NH Economy


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Lancaster, NH is a beautiful rural town located in the White Mountain region of New Hampshire. Rent for 2 bedroom apartments is significantly lower than average rent for the United States at $970 compared to $1,430 respectively. Grocery prices are also lower with the cost index at 105 compared to 100 for the US on average. This makes Lancaster an economically attractive option for those looking to settle down in this part of the country. Local companies that make Lancaster special include White Mountain Design & Build which serves as an architect and construction company, Ragged Mountain Equipment providing outdoor apparel and gear, and Harrington's Bakery which has been serving traditional American favorites since 1937.

Lancaster has an unemployment rate of 4.2%. The US average is 6.0%.

Lancaster 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 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Lancaster
- The Sales Tax Rate for Lancaster is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lancaster 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 Lancaster
- The average income of a Lancaster resident is $26,877 a year. The US average is $28,555 a year.
- The Median household income of a Lancaster resident is $61,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLancaster, New HampshireUnited States
  4.26
  -6.9%-6.2%
  23.1%33.5%
  0.0%6.2%
  0.0%4.6%
  $31,484$37,638
  $61,953$69,021
  $83,393$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  6.7%6.8%
  14.6%10.0%
  2.5%2.5%
  16.2%11.0%
  0.3%4.8%
  1.1%0.8%
  1.2%1.9%
  3.7%4.7%
  2.4%1.9%
  4.3%7.6%
  1.2%0.1%
  1.8%4.2%
  5.4%9.3%
  13.1%14.0%
  0.6%2.1%
  8.6%7.0%
  8.4%4.8%
  6.0%4.7%
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