US ZIP Code
03240

Grafton, NH

Grafton County  ·  New Hampshire

● Active
👥 1,248 Population ↓ 8% since 2019
💰 $72,188 Median HH Income
≈ Avg ↑ 18% since 2019
🎂 43.6 Median Age ↓ 7% since 2019
🏠 $256,400 Median Home Value
▼ 8% below avg ↑ 52% since 2019
🎓 36.3% College Grads
≈ Avg
📊 5.3% Unemployment
≈ Avg ↓ 25% since 2019
ZIP Code Details
ZIP Code03240
CityGrafton
StateNew Hampshire (NH)
CountyGrafton County
Area Code603
Elevation1,000 ft
Latitude43.574691
Longitude-71.951919
TimezoneNew York (DST)
FIPS33009
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.0% (612) Female 51.0% (636) ♀

Race & Ethnicity

White: 92.7%Hispanic: 2.9%Asian: 0.4%Other: 3.8%Race
White92.7%
Hispanic2.9%
Asian0.4%
Other3.8%

Age Breakdown

Under 5
7%
5–17
15%
18–24
4%
25–44
25%
45–64
28%
65+
12%

Key Indicators

Median Age43.6 yrs ↓ 7% since 2019
Avg Household Size2.55
Below Poverty7.7% ▼ 23% below avg
College Grads36.3% ≈ Avg
Unemployment5.3% ≈ Avg
HS Graduate268 (31.6%)
Some College154 (18.2%)
Associates118 (13.9%)
Bachelors84 (9.9%)
Graduate Degree223 (26.3%)

Education

HS Grad: 31.6%Some College: 18.2%Associates: 13.9%Bachelors: 9.9%Graduate: 26.3%Edu
HS Grad31.6%
Some College18.2%
Associates13.9%
Bachelors9.9%
Graduate26.3%
Housing & Income

Housing Tenure

Owner: 86.5%Renter: 13.5%Tenure
Owner86.5%
Renter13.5%

Home Value Distribution

Under $50k
9%
$50k–100k
5%
$100k–150k
13%
$150k–200k
12%
$200k–300k
24%
$300k–500k
31%
Over $500k
7%

Financials

Median HH Income$72,188 ≈ Avg ↑ 18% since 2019
Median Home Value$256,400 ▼ 8% below avg ↑ 52% since 2019
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$1,232/mo ↑ 34% since 2019
Total Units698
Vacant Units209
Avg HH Size2.55

Income Distribution

Under $25k
9%
$25k–50k
19%
$50k–75k
23%
$75k–100k
20%
$100k–150k
16%
$150k–200k
5%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
82%
Work From Home
18%

Commute Time

Under 15 min
11%
15–30 min
11%
30–45 min
22%
Over 45 min
55%
Housing Stock

Year Built

1940s–1950s
4%
1960s–1970s
18%
1980s–1990s
15%
2000+
63%

Summary

Total Units698
Vacant209
Owner Occupied86.5%
Renter Occupied13.5%
Avg HH Size2.55
Frequently Asked Questions
ZIP code 03240 is in Grafton, NH, in Grafton County.
ZIP code 03240 is located in New Hampshire (NH).
ZIP code 03240 is in Grafton County, NH.
ZIP 03240 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 03240 is 1,248 people (ACS 2023).
The median household income in ZIP code 03240 is $72,188 (ACS 2023).
The median home value in ZIP 03240 is $256,400 (ACS 2023).
About ZIP Code 03240

ZIP code 03240 is located in Grafton, New Hampshire, within Grafton County. With a population of 1,248, this is a sparsely populated ZIP code with a middle-aged community — the median age is 43.6 years. Economically, 03240 is a solidly middle-class ZIP code: the median household income of $72,188 is near the national average.

Real estate in ZIP code 03240 represents a mid-range housing market. The median home value of $256,400 is near the national average. Renters can expect to pay around $1,232 per month in median rent. Homeownership is strong here — 86.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.

The population of 03240 is primarily White (92.71%). Residents are moderately educated — 36.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.7%. Household income has grown by 18% since 2019.

The unemployment rate in 03240 stands at 5.3%, which is near the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.

Overall, ZIP code 03240 in Grafton, NH is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,248 residents, a median household income of $72,188, and a median home value of $256,400, it offers a clear picture of life in this part of New Hampshire.