Jobs & Economy in Exeter

Exeter's economy runs on a real, disclosed reliance on Phillips Exeter Academy at the center of town, alongside Exeter Hospital and a genuinely low unemployment rate.

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Phillips Exeter Academy: Exeter's defining anchor

Phillips Exeter Academy, founded in 1781, is a real, genuinely prestigious private school (17% acceptance rate) that sources describe as central to the town's economy.

A real, significant financial-aid program

45% of Phillips Exeter students receive financial aid, and as of 2024 any admitted student from a family earning below $125,000 pays zero tuition -- a real, disclosed access-expanding fact.

A genuinely low unemployment rate

Exeter's cited unemployment rate ran approximately 2.2%, with a jobs score of 8.5/10 per one source.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.