If you are wondering how many people live in poverty in Wolfeboro, New Hampshire, read on. Poverty is the number one cause of death in the U.S., but you don't need to live in poverty to feel like you're getting by in Wolfeboro. The city has a low poverty rate compared to other New Hampshire communities. The median household income is $941 per month, which is considerably less than the state's average.
During 2016, 93 businesses in Wolfeboro City submitted survey responses. This data shows that the town's business sector is thriving. In fact, 91% of the businesses surveyed plan to expand in Wolfeboro. Businesses have high opinions of the city and its people, and expect to increase their employment base by 92 jobs over the next three years. In addition to these positive responses, businesses in Wolfeboro also rate the city as an excellent place to live and do business.
The city has a strong tourism industry. In the past, it produced dairy products, clay pipes, and clothes. After the Civil War, the city's economy began to thrive with the tourist industry. In 1850, the Pavilion, the first large hotel in the city, opened. Visitors to Wolfeboro could visit Mt. Washington by boat during the summer season. Today, tourism remains a major industry in the town.