Richmond, NH Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Richmond, NH is a beautiful town located in the New England area of the United States. It is known for its picturesque mountain views and quiet atmosphere. The cost of living in Richmond is affordable compared to other places; 2 bedroom rent costs $1,340 and the grocery cost index is 103 versus 100 in the US. Richmond is home to many local companies such as True North Networks, which offer IT services, and Refined Reclaimed Wood which specializes in custom woodworking. Other businesses include Rocky Mtn Bikes and AVA Beer Company. Despite its rural location, Richmond has a lot to offer for those looking for a peaceful place to live.

Richmond has an unemployment rate of 3.6%. The US average is 6.0%.

Richmond has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Richmond
- The Sales Tax Rate for Richmond is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Richmond 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 Richmond
- The average income of a Richmond resident is $26,307 a year. The US average is $28,555 a year.
- The Median household income of a Richmond resident is $79,327 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond, New HampshireUnited States
  3.66
  -5.9%-6.2%
  23.5%33.5%
  0.0%6.2%
  0.0%4.6%
  $31,272$37,638
  $79,327$69,021
  $92,708$85,028
  Population by Occupation
  0.3%1.2%
  1.4%0.5%
  5.3%6.8%
  24.3%10.0%
  5.0%2.5%
  17.2%11.0%
  2.2%4.8%
  0.7%0.8%
  1.2%1.9%
  0.0%4.7%
  0.0%1.9%
  3.4%7.6%
  0.0%0.1%
  2.1%4.2%
  5.0%9.3%
  19.8%14.0%
  0.0%2.1%
  1.9%7.0%
  3.4%4.8%
  6.7%4.7%
Health
Compare Richmond, NH
cost of living
Compare food, housing, utilities, and more in Richmond, New Hampshire to any other city in the US.