Milford, NH (03055) is a great place to live in with its small-town charm and diverse economy. The 2 bedroom rent here is $1,710 which is higher than the US average of $1,430. It has a grocery cost index of 106 when compared to the US index of 100 making it slightly more expensive than other places.
Milford is home to several prominent companies like Autotronics Technologies, Darling Ingredients Inc., Granite State Plastics Corporation, Hearthside Food Solutions LLC and Metalex Manufacturing Company. These businesses provide jobs for many residents and contribute greatly to the local economy. With its charming environment and ample job opportunities, Milford is surely an ideal place to consider living in.
Milford (zip 03055) has an unemployment rate of 3.3%. The US average is 6.0%.
Milford (zip 03055) 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 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Milford (zip 03055)
- The Sales Tax Rate for Milford (zip 03055) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 03055) 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 Milford (zip 03055)
- The average income of a Milford (zip 03055) resident is $31,900 a year. The US average is $28,555 a year.
- The Median household income of a Milford (zip 03055) resident is $82,990 a year. The US average is $69,021 a year.