ZIP Code 03240 -- Grafton, NH

Grafton | 2024 American Community Survey Data

Key Insights

  • 83.15% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
1,354
Unknown
Median Income
$81,563
Home Value
$267,300
Median Rent
$1,243
Median Age
43.10
Diversity Index
29.60
Low
Cost of Living
98.7
about average
Unemployment
4.7%

About ZIP Code 03240

ZIP code 03240 in Grafton, New Hampshire is a unknown area with a population of 1,354. The median household income is $81,563, which is This is 9% above the national median of $75,000.. The median home value is $267,300, representing a price-to-income ratio of 3.3x . The cost of living is about average with an index of 98.7 (the national average is 100). Residents have a median age of 43.10 years. Approximately 24.7% of adults hold a bachelor's degree or higher. This ZIP code is located in Grafton, NH.

Population & Age

Total Population
1,354
Median Age
43.10
Male Population
664
49.0%
Female Population
690
51.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
29.60 Low
White
88.8%
Black or African American
0.0%
Hispanic or Latino
6.9%
Asian
0.4%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
10.8%
Other Race
0.1%

Racial Composition

Income & Economy

Median Household Income
$81,563
Mean Household Income
$92,222
Per Capita Income
$37,423
Below Poverty Line
7.7%

This is 9% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$267,300
Median Rent
$1,243
Total Housing Units
689
Occupied Units
534
Vacant Units
155
22.5% vacancy
Median Year Built
1983
Owner Occupied
83.2%
Renter Occupied
16.9%
Price-to-Income Ratio 3.3x

Moderately affordable

Ownership vs Rental

Owner 83.2% Renter 16.9%

Education

High School Diploma or Higher 94.6%
Bachelor's Degree or Higher 24.7%
Graduate or Professional Degree 8.1%

Employment & Commuting

Civilian Labor Force
676
Employment Rate
95.3%
Unemployment Rate
4.7%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
74.2%
Carpool
3.8%
Public Transit
0.0%
Work from Home
19.9%

Cost of Living Index

98.7
about average

The cost of living in ZIP code 03240 is 1.3% below the national average of 100.

0 National Avg (100) 200

Compare 03240 with:

Compare 03240 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Grafton

ZIP Code City Population Median Income
03766 Lebanon 11,195 $100,881
03755 Hanover 10,569 $165,884
03264 Plymouth 6,885 $76,892
03222 Bristol 6,097 $81,587
03561 Littleton 6,040 $56,746
03748 Enfield 4,563 $95,089

Frequently Asked Questions about ZIP Code 03240

ZIP code 03240 (Grafton, NH) has a total population of 1,354 according to the 2024 American Community Survey. The median age is 43.10 years.

The median household income in ZIP code 03240 is $81,563 per year, based on 2024 Census Bureau data. This is 9% above the national median of $75,000.

ZIP code 03240 is primarily located in Grafton, New Hampshire (NH). It falls within Grafton County.

The median home value in ZIP code 03240 is $267,300, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,243.

The median age in ZIP code 03240 is 43.10 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 03240 has a cost of living index of 98.71 (national average = 100). This means the cost of living is about average compared to the national average.

In ZIP code 03240, 24.72% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 8.11% hold a graduate or professional degree.

The unemployment rate in ZIP code 03240 is 4.73%, which is above the national average of 3.6%. About 19.87% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.