Merrimack, NH is a great place to live! The city has a very low cost of living compared to the US average. The rent for a two bedroom apartment is about $2,120 per month, significantly less than the national average of $1,430. Groceries are also relatively inexpensive in Merrimack, with the Grocery Cost Index at 107 versus 100 in the US. Local businesses and attractions give Merrimack its unique charm. Some popular local companies include Stress Engineering Services, Inc., Kool Kone Drive-Inn Restaurant, and Merrimack Golf Course. The city also boasts wonderful attractions such as Merrimack Premium Outlets and Anheuser-Busch Brewery Experience for locals and visitors alike to enjoy.
Merrimack has an unemployment rate of 2.7%. The US average is 6.0%.
Merrimack has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Merrimack
- The Sales Tax Rate for Merrimack is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Merrimack 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 Merrimack
- The average income of a Merrimack resident is $39,833 a year. The US average is $28,555 a year.
- The Median household income of a Merrimack resident is $114,737 a year. The US average is $69,021 a year.