Mont Vernon, NH Economy


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Mont Vernon, NH is a small town in the southeastern corner of New Hampshire and is known for its friendly and welcoming atmosphere. It is a great place to live with an affordable cost of living compared to other cities nearby, particularly when it comes to rent. On average, a 2 bedroom apartment can be rented for $1,880 in Mont Vernon which is significantly cheaper than the US average at $1,430. Furthermore, groceries are also more affordable than elsewhere in the US as the Grocery Cost Index in Mont Vernon is 107 versus 100 nationally. The town is home to a variety of businesses such as The Village Cafe & Bakery and Steeplegate Farm Stand that cater to locals' needs and make it easier for residents to get what they need without straying too far from home.

Mont Vernon has an unemployment rate of 2.5%. The US average is 6.0%.

Mont Vernon has seen the job market increase by 1.8% 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 Mont Vernon
- The Sales Tax Rate for Mont Vernon is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Mont Vernon 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 Mont Vernon
- The average income of a Mont Vernon resident is $39,279 a year. The US average is $28,555 a year.
- The Median household income of a Mont Vernon resident is $134,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMont Vernon, New HampshireUnited States
  2.56
  -5.2%-6.2%
  33.3%33.5%
  0.0%6.2%
  0.0%4.6%
  $57,378$37,638
  $134,432$69,021
  $144,875$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  8.9%6.8%
  11.5%10.0%
  3.0%2.5%
  10.0%11.0%
  2.5%4.8%
  1.5%0.8%
  0.6%1.9%
  6.9%4.7%
  2.3%1.9%
  15.0%7.6%
  0.0%0.1%
  4.0%4.2%
  7.6%9.3%
  12.2%14.0%
  0.0%2.1%
  6.6%7.0%
  4.1%4.8%
  1.9%4.7%
Reviews for Mont Vernon
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We had the good fortune to live in Mont Vernon for a year, but ended up leaving New Hampshire. If you are considering this area, I think Mont Vernon (MV) is one of the  More

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