Piermont, NH is a small town located in Grafton County. It is home to a variety of businesses such as a post office, hardware store, restaurant, and auto repair shop. The cost of living in Piermont is quite affordable compared to other areas with two bedroom rent coming at $1,360 compared to the US average of $1,430. Additionally, Piermont has a grocery cost index of 106 compared to the US average of 100 making food costs slightly more expensive than the national average. Despite this discrepancy Piermont’s overall economy remains relatively stable and strong due to the diverse array of businesses that operate in town providing employment opportunities for locals. Furthermore, Piermont offers breathtaking natural beauty with its lush forests and winding rivers which make it an ideal spot for outdoor activities like camping and fishing.
Piermont has an unemployment rate of 4.5%. The US average is 6.0%.
Piermont has seen the job market decrease by -4.9% 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 Piermont
- The Sales Tax Rate for Piermont is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Piermont 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 Piermont
- The average income of a Piermont resident is $50,871 a year. The US average is $37,638 a year.
- The Median household income of a Piermont resident is $75,625 a year. The US average is $69,021 a year.