Zip 03771 (Monroe, NH) Economy


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United States / New Hampshire / No Metro Area / Grafton County / No City / Monroe (zip 03771)
Monroe, NH (03771) is a small rural town located in the Central New Hampshire region with an estimated population of 1,384. Despite its small size, Monroe offers residents a variety of amenities to take advantage of. Rent for two-bedroom apartments in the area averages around $1,330 per month which is slightly lower than US national average of $1,430. Grocery cost index in Monroe is also slightly lower than the national average with an index score of 107 versus 100.
The town's economy is mainly driven by local businesses such as Market Basket grocery store, MacKinnon Shop and Save building supplies, and Crossroads Pizza restaurant. There are also several churches located within Monroe such as St. Mark's Lutheran Church and First Congregational Church UCC. Monroe also has a few recreational spots where people can enjoy outdoor activities during their free time like Proctor Park and Silver Lake Recreation Area.

Monroe (zip 03771) has an unemployment rate of 2.9%. The US average is 6.0%.

Monroe (zip 03771) 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 Monroe (zip 03771)
- The Sales Tax Rate for Monroe (zip 03771) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe (zip 03771) 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 Monroe (zip 03771)
- The average income of a Monroe (zip 03771) resident is $27,929 a year. The US average is $28,555 a year.
- The Median household income of a Monroe (zip 03771) resident is $74,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonroe, New HampshireUnited States
  2.96
  -6.5%-6.2%
  31.3%33.5%
  0.0%6.2%
  0.0%4.6%
  $35,114$37,638
  $74,063$69,021
  $78,594$85,028
  Population by Occupation
  8.9%1.2%
  0.0%0.5%
  7.5%6.8%
  7.0%10.0%
  0.5%2.5%
  12.9%11.0%
  12.1%4.8%
  3.8%0.8%
  0.5%1.9%
  0.8%4.7%
  0.8%1.9%
  1.3%7.6%
  0.0%0.1%
  1.6%4.2%
  11.6%9.3%
  18.0%14.0%
  0.0%2.1%
  1.6%7.0%
  7.8%4.8%
  3.2%4.7%
Health