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LOCAL GUIDE

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All About

Living In Wolfeboro, NH

A small town in New Hampshire, Wolfeboro has a population of slightly less than 3,000. It's a nice place to settle down, as retirees make up a greater percentage of the population (37%) here than they do nationally (14%), while young adults are less well-represented. Overall, the town's residents, at an average age of just over 52, are notably older than most cities in New Hampshire, ranking as the fourth-oldest municipality in the state. Only 22% of residents rent in Wolfeboro, as home ownership is common in the area. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $924 per month. Over the course of a year, renters in Wolfeboro will save around $2,000 compared to the state average.

Many Wolfeboro residents work in one of three industries: construction, healthcare, and retail. Together, these industries account for 22% of the labor force in the town. Meanwhile, in terms of job function, many of the town's workers are in sales, as 8% of the town's population reports this as their field of work, the highest number of any profession. Wolfeboro workers earn an average annual income of just over $78K, a little more than the state average. Wolfeboro's average income also compares favorably to the national average of $73,345. Wolfeboro has a large number of residents older than 25 who have advanced degrees compared to the national average (7%), as 13% possess a Master's degree or a Doctoral degree. Additionally, 21% have a Bachelor's degree, which also outpaces the national average.

Wolfeboro residents have an average commute of about 29 minutes. Many residents (39%) drive to work, while public transit is not used extensively. Relatively few commuters walk to work.


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