Newfields, NH Economy


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Newfields, NH is a small town located in the southeastern region of New Hampshire. The cost of living in Newfields is higher than the national average, as evidenced by rent and grocery costs. The average 2-bedroom rent in Newfields is $2,140 compared to the U.S. average of $1,430. Additionally, grocery costs are indexed at 110 compared to 100 nationally. Despite the higher cost of living in Newfields, it remains an attractive place to live due to its close proximity to Boston and other major cities. Notable local companies include Cedar Homes Design Center and Lighthouse Imaging Solutions.

Newfields has an unemployment rate of 1.7%. The US average is 6.0%.

Newfields 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 Newfields
- The Sales Tax Rate for Newfields is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newfields 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 Newfields
- The average income of a Newfields resident is $51,874 a year. The US average is $28,555 a year.
- The Median household income of a Newfields resident is $174,044 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewfields, New HampshireUnited States
  1.76
  -5.2%-6.2%
  36.0%33.5%
  0.0%6.2%
  0.0%4.6%
  $65,843$37,638
  $174,044$69,021
  $180,906$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  10.0%6.8%
  10.4%10.0%
  0.2%2.5%
  7.1%11.0%
  0.8%4.8%
  1.4%0.8%
  0.5%1.9%
  7.5%4.7%
  6.5%1.9%
  6.9%7.6%
  0.0%0.1%
  3.8%4.2%
  8.3%9.3%
  15.0%14.0%
  1.4%2.1%
  5.0%7.0%
  2.1%4.8%
  13.0%4.7%
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