Zip 03741 (Canaan, NH) Economy


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United States / New Hampshire / No Metro Area / Grafton County / No City / Canaan (zip 03741)
Canaan, New Hampshire (03741) is a small town located in the North Country of the state. The cost of living is relatively inexpensive with two bedroom rent being $1,330 and the grocery cost index being 107 versus 100 in the US. There are many local companies that call Canaan home such as Lebanon Co-op, True Value Hardware, Mascoma Bank, Eastern Mountain Sports and Edward Jones Investments. These businesses provide great services to residents in Canaan and nearby towns.

Canaan (zip 03741) has an unemployment rate of 2.9%. The US average is 6.0%.

Canaan (zip 03741) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Canaan (zip 03741)
- The Sales Tax Rate for Canaan (zip 03741) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Canaan (zip 03741) 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 Canaan (zip 03741)
- The average income of a Canaan (zip 03741) resident is $27,766 a year. The US average is $28,555 a year.
- The Median household income of a Canaan (zip 03741) resident is $78,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanaan, New HampshireUnited States
  2.96
  -6.5%-6.2%
  31.3%33.5%
  0.0%6.2%
  0.0%4.6%
  $37,424$37,638
  $78,250$69,021
  $93,620$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  7.0%6.8%
  13.3%10.0%
  0.8%2.5%
  11.7%11.0%
  1.0%4.8%
  0.0%0.8%
  2.2%1.9%
  4.4%4.7%
  0.9%1.9%
  6.1%7.6%
  0.4%0.1%
  3.9%4.2%
  10.6%9.3%
  22.0%14.0%
  0.0%2.1%
  5.1%7.0%
  5.6%4.8%
  4.2%4.7%
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