Zip 03835 (Farmington, NH) Economy


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Farmington, New Hampshire (zip code 03835) is an idyllic rural town located in Strafford County. The median 2 bedroom rent in Farmington is $1,340 which is much lower than the average US rate of $1,430. Additionally, the grocery cost index in Farmington is 104 versus the US average of 100, highlighting the slightly higher costs on food in the region. Farmington boasts several local companies that offer employment opportunities for its residents; some of these are the Farmington Valley Ophthalmology Center, Bisson Power Equipment Co., and JB Machinery Sales & Service Inc. In terms of attractions, Farmington is home to the Pemi River, which provides recreational activities such as fishing and boating. The town also has several trails perfect for hiking and sightseeing to enjoy the views of nature at its best.

Farmington (zip 03835) has an unemployment rate of 3.0%. The US average is 6.0%.

Farmington (zip 03835) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Farmington (zip 03835)
- The Sales Tax Rate for Farmington (zip 03835) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Farmington (zip 03835) 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 Farmington (zip 03835)
- The average income of a Farmington (zip 03835) resident is $28,701 a year. The US average is $28,555 a year.
- The Median household income of a Farmington (zip 03835) resident is $60,322 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmington, New HampshireUnited States
  36
  -5.7%-6.2%
  37.2%33.5%
  0.0%6.2%
  0.0%4.6%
  $30,767$37,638
  $60,322$69,021
  $77,888$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  10.7%6.8%
  15.7%10.0%
  0.7%2.5%
  7.1%11.0%
  3.7%4.8%
  2.7%0.8%
  4.2%1.9%
  2.1%4.7%
  0.4%1.9%
  4.6%7.6%
  0.3%0.1%
  3.3%4.2%
  14.3%9.3%
  9.7%14.0%
  1.0%2.1%
  7.6%7.0%
  3.5%4.8%
  6.9%4.7%
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