Zip 03870 (Rye, NH) Economy


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Rye, NH (03870) is an affluent town located along the New Hampshire coastline. The median 2 bedroom rent in Rye is $1,920 which is significantly higher than the US median of $1,430. Additionally, grocery cost index in Rye is 114 versus 100 in the US making it one of the more expensive places to live. Despite its high costs of living, Rye remains a popular choice for many people looking to relocate due to its close proximity to Boston and beautiful coastal scenery. There are several notable companies located in Rye such as The Portsmouth Brewery and Xplor Childcare & Learning Center. The Portsmouth Brewery has been around since 1991 and specializes in brewpub-style beers. Xplor Childcare & Learning Center is a family owned business that specializes in providing child care services to families living in Rye and surrounding areas.

Rye (zip 03870) has an unemployment rate of 3.2%. The US average is 6.0%.

Rye (zip 03870) 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 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Rye (zip 03870)
- The Sales Tax Rate for Rye (zip 03870) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Rye (zip 03870) 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 Rye (zip 03870)
- The average income of a Rye (zip 03870) resident is $57,215 a year. The US average is $28,555 a year.
- The Median household income of a Rye (zip 03870) resident is $115,815 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRye, New HampshireUnited States
  3.26
  -5.8%-6.2%
  36.0%33.5%
  0.0%6.2%
  0.0%4.6%
  $84,094$37,638
  $115,815$69,021
  $172,629$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  3.2%6.8%
  13.1%10.0%
  3.6%2.5%
  5.5%11.0%
  3.4%4.8%
  0.0%0.8%
  1.4%1.9%
  5.8%4.7%
  9.1%1.9%
  14.1%7.6%
  0.8%0.1%
  9.1%4.2%
  6.4%9.3%
  10.3%14.0%
  2.7%2.1%
  5.2%7.0%
  1.8%4.8%
  3.4%4.7%
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