Zip 03304 (Bow, NH) Economy


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Bow, New Hampshire (03304) is an idyllic small town situated in the Merrimack Valley region of the state. It is home to a diverse population of around 8,000 residents and offers an array of activities for locals and visitors alike. 2 bedroom rent in Bow can be as high as $1730 per month while the US average is only $1430. The local grocery cost index in Bow is also higher than the national average at 107 versus 100.
The area also has a number of businesses that are both local and nationally known companies such as Vacuum Dealer Supply, which is a vacuum cleaner repair shop providing services to customers all over New England, and the Christian Science Reading Room, where people come to read literature on spirituality. There are also boutiques such as Bowerbird Boutique which sells handmade clothing from independent designers from around world. These local companies are essential to the economy of Bow, NH, creating jobs for locals by offering products and services that promote self-sufficiency within the community.

Bow (zip 03304) has an unemployment rate of 3.0%. The US average is 6.0%.

Bow (zip 03304) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Bow (zip 03304)
- The Sales Tax Rate for Bow (zip 03304) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Bow (zip 03304) 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 Bow (zip 03304)
- The average income of a Bow (zip 03304) resident is $42,160 a year. The US average is $28,555 a year.
- The Median household income of a Bow (zip 03304) resident is $132,774 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBow, New HampshireUnited States
  36
  -5.0%-6.2%
  31.4%33.5%
  0.0%6.2%
  0.0%4.6%
  $55,016$37,638
  $132,774$69,021
  $138,933$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.6%6.8%
  9.3%10.0%
  1.9%2.5%
  9.0%11.0%
  1.6%4.8%
  0.0%0.8%
  1.2%1.9%
  9.5%4.7%
  2.0%1.9%
  10.3%7.6%
  0.3%0.1%
  5.4%4.2%
  10.6%9.3%
  22.9%14.0%
  2.1%2.1%
  2.3%7.0%
  1.3%4.8%
  5.5%4.7%
Health