Zip 03823 (Madbury, NH) Economy


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Madbury, New Hampshire is a small town located in Strafford County. It is home to approximately 1,800 residents who enjoy the peaceful atmosphere and rural lifestyle the area has to offer. The cost of living here is relatively low compared to other areas in the US; a two bedroom rental averages $1,750 per month while grocery costs are slightly higher at an index of 108 versus 100 in the US.
Located in Madbury, Ellis River Riders is a popular horseback riding stable offering lessons for all skill levels as well as scenic trail rides through the White Mountain National Forest. Other popular attractions include Mapleview Farm Alpaca and Sheep Farm where you can get up close with friendly animals or take a hayride tour during harvest season. For those looking for outdoor adventure, the area offers plenty of hiking trails such as Tuxbury Pond Trail or Locust Hill Trail where visitors can explore nature along with local birds and wildlife.

Madbury (zip 03823) has an unemployment rate of 3.0%. The US average is 6.0%.

Madbury (zip 03823) 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 Madbury (zip 03823)
- The Sales Tax Rate for Madbury (zip 03823) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Madbury (zip 03823) 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 Madbury (zip 03823)
- The average income of a Madbury (zip 03823) resident is $39,121 a year. The US average is $28,555 a year.
- The Median household income of a Madbury (zip 03823) resident is $144,191 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadbury, New HampshireUnited States
  36
  -5.7%-6.2%
  37.2%33.5%
  0.0%6.2%
  0.0%4.6%
  $53,021$37,638
  $144,191$69,021
  $154,792$85,028
  Population by Occupation
  0.8%1.2%
  1.5%0.5%
  4.6%6.8%
  13.0%10.0%
  1.3%2.5%
  11.3%11.0%
  2.2%4.8%
  0.6%0.8%
  0.6%1.9%
  11.2%4.7%
  0.5%1.9%
  8.4%7.6%
  0.0%0.1%
  4.8%4.2%
  12.3%9.3%
  13.2%14.0%
  1.7%2.1%
  7.3%7.0%
  1.6%4.8%
  2.9%4.7%
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