\nNew Hampshire State is a great place to live with many local resources available to its residents. The average 2 bedroom rent in the state is comparatively lower than the national average, making it an affordable place to call home. The cost of groceries is also relatively lower than the national average, giving citizens more spending power when shopping for food. Not only that, but New Hampshire has some of the most successful and innovative companies in the US. Businesses such as BAE Systems, Hypertherm, and Autodesk have made significant contributions to the state's economy. These companies bring jobs to New Hampshire and provide excellent working conditions, benefits, and salaries for their employees. This creates a strong sense of economic stability in the region which makes it attractive to people looking for work opportunities or relocating from other parts of the country. Lastly, these companies also benefit society by inspiring entrepreneurship through their innovation and creating products that improve our lives.
New Hampshire has an unemployment rate of 3.2%. The US average is 6.0%.
New Hampshire 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 32.4%, which is lower than the US average of 33.5%.
Tax Rates for New Hampshire
- The Sales Tax Rate for New Hampshire is 0.0%. The US average is 7.3%.
- The Income Tax Rate for New Hampshire 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 New Hampshire
- The average income of a New Hampshire resident is $33,821 a year. The US average is $28,555 a year.
- The Median household income of a New Hampshire resident is $83,449 a year. The US average is $69,021 a year.