Salary & Cost of Living in Derry, NH
Derry, NH: $60,762 median salary, cost of living index 109.6, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$60,762
$29/hr
Cost of Living
109.6
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
2.8%
rate
Derry, NH Overview
Population
33,527
Median Salary
$60,762
Average Salary
$68,053
Avg Commute
17 min
Median Home Price
$371,000
Median Rent
$1,501/mo
Job Growth
+0.6%
Sales Tax
0%
Derry is located in New Hampshire with a population of 33,527. The median household salary is $60,762 per year ($29/hour), which is $1,378 above the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +0.6%.
Derry Salary by Experience Level (2026)
Wage distribution in Derry, NH based on BLS percentile breakdown of the $60,762 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $37,672 | $18.11/hr | 0–2 years |
| Mid-Level (Median) | $60,762 | $29.21/hr | 3–7 years |
| Senior-Level | $86,282 | $41.48/hr | 8–15 years |
| Top 10% (90th Percentile) | $108,156 | $51.99/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Derry Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Derry, NH, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$50,861
$4,238.40/month · $1,956.18/biweekly · Effective Rate: 16.3%
Gross Pay
$60,762
Federal Tax
-$5,253
State Tax
$0
Local Tax
$0
FICA
-$4,648
Net Pay
$50,861
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,063.50 | $60,762.00 |
| Federal Income Tax | -$437.75 | -$5,252.94 |
| New Hampshire State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$313.94 | -$3,767.24 |
| Medicare (1.45%) | -$73.42 | -$881.05 |
| Net Take-Home Pay | $4,238.40 | $50,860.77 |
Salary Comparison: Derry vs Other Cities
See how Derry's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Derry, NH | $60,762 | 109.6 | $55,440 |
| National Average | $59,384 | 100 | $59,384 |
| North Andover, MA | $60,757 | 136.2 | $44,609 |
| Danville, VA | $60,776 | 95.4 | $63,706 |
| Bell Gardens, CA | $60,780 | 148.5 | $40,929 |
| Kearny, NJ | $60,781 | 111.4 | $54,561 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Derry
Derry's cost of living index is 109.6 (national average = 100). Living in Derry is 9.599999999999994% more expensive than the national average.
Median Home Price
$371,000
Median Monthly Rent
$1,501
Annual Rent Cost
$18,012
Your Salary's Purchasing Power
Your $50,861 annual take-home pay in Derry has the purchasing power of approximately $46,406 in an average-cost US area. You would need to earn $66,595 in Derry to match a $60,762 salary in an average-cost city.
Top Industries in Derry
Derry's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $60,762.
Salary Tips for Derry Workers
- No state income tax advantage. New Hampshire has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Derry's top industries include Technology, Healthcare, Manufacturing. Targeting roles in these sectors can help you earn above the $60,762 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Derry, NH?
The median salary in Derry, NH is $60,762 per year, or $29 per hour. The average salary is $68,053. This is $1,378 above the national median of $59,384.
What is the cost of living in Derry, NH?
Derry's cost of living index is 109.6 (national average = 100), meaning it is 9.599999999999994% more expensive compared to the national average. The median home price is $371,000 and the median monthly rent is $1,501.
What are the best industries in Derry?
The top industries in Derry, NH include Technology, Healthcare, Manufacturing. The city has a job growth rate of 0.6% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $60,762.
How does Derry's salary compare to other cities?
Derry's median salary of $60,762 is 2.3% above the national median of $59,384. However, when adjusted for cost of living (index: 109.6), the real purchasing power is approximately $55,440.
What is the minimum wage in Derry, NH?
The minimum wage in Derry, NH is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.