Wakefield, NH is a beautiful small town located in the Great North Woods of New Hampshire. It is known for its excellent schools, as well as being a great place to live with its affordable 2 bedroom rent at $1,220 monthly compared to $1,430 nationally. Grocery costs are also lower than the national average here in Wakefield with an index of 109 versus 100 in the US. This makes it easier to provide for one’s family while living within budget. The local economy is made up of various businesses such as Wakefield Appliances, Northern Community Services Inc., and Live Free Mechanical Solutions- LLC. Aside from these businesses there are plenty of outdoor activities to be enjoyed here such as fishing, hunting, hiking and more. This all helps make Wakefield a unique city and a great place to call home.
Wakefield has an unemployment rate of 4.1%. The US average is 6.0%.
Wakefield 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 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Wakefield
- The Sales Tax Rate for Wakefield is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wakefield 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 Wakefield
- The average income of a Wakefield resident is $28,040 a year. The US average is $28,555 a year.
- The Median household income of a Wakefield resident is $88,750 a year. The US average is $69,021 a year.