Mountain Lakes, NH is a great place to live and work. It's cost of living - from rent to groceries - is lower than the US average. Rent for a two bedroom apartment in Mountain Lakes is $1,320 compared to the US average of $1,430. Additionally, the grocery cost index in Mountain Lakes is 105 versus 100 in the U.S., making it an attractive option for budget-minded individuals and families. The city is home to many local businesses, including Mountain Air Aviation, Loon Lake Realty, and Appalachian Trail Outfitters.
Mountain Lakes has an unemployment rate of 2.9%. The US average is 6.0%.
Mountain Lakes has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Mountain Lakes
- The Sales Tax Rate for Mountain Lakes is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Mountain Lakes 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 Mountain Lakes
- The average income of a Mountain Lakes resident is $33,807 a year. The US average is $37,638 a year.
- The Median household income of a Mountain Lakes resident is $56,250 a year. The US average is $69,021 a year.