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Manchester-Nashua, N.H Ranked 9th Riches Cities in America

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According to a recent report at MarketWatch.com, the Manchester and Nashua metropolitan area is the ninth-richest in the country, just ahead of Napa, California.

From the report:

While most of the nation’s richest cities have a high proportion of exceptionally wealthy households, the Manchester area is notable because so few households are poor. Just 2.1% of all households made less than $10,000 last year, among the lowest percentages in the nation. The city’s poverty rate is similarly low, at just 9.8%, versus nearly 16% nationwide. The Manchester area, left, also has a well-educated population, with more than 37% of adult residents holding at least a bachelor’s degree as of 2012. This was better than over 90% of metro areas nationwide. Overall, New Hampshire’s tax policies have received favorable grades from the Tax Foundation for supporting businesses, since residents don’t have to pay any general sales tax or personal income tax on earnings.

New Hampshire was also ranked #1 in overall child well-being and the Manchester-Nashua region was ranked the 2nd best place to raise a family by Kiplinger.com

Noteworthy: New Hampshire has no general sales tax, no personal income tax on earnings and consistently ranks very favorably in overall freedom.


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