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New Hampshire’s Economy: Strengths and Constraints

June 4, 2018 State Economy

New Hampshire has experienced a relatively robust economy in recent years. Growth has returned to rates similar to those from before the Great Recession, and the unemployment rate has remained below three percent since late 2015. Incomes appear to have increased for workers, with many middle- and low-income workers finally returning to near pre-Recession levels of income. However, job creation has been strongest in industries with wages below statewide averages and has been uneven in different regions of the state, while both housing and workforce constraints are likely limiting economic growth.

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New Hampshire’s Numbers: 2016 Census Bureau County Estimates Show Disparities Within the State

October 19, 2017 State Economy
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Following the primary data release in September 2017, the United States Census Bureau American Community Survey data released in October 2017 provides estimates, based on data collected in surveys conducted throughout 2016, of New Hampshire’s population characteristics for all geographic subdivisions with more than 20,000 residents. These data permit comparisons between point estimates for median household income and poverty rates in each of the state’s ten counties and 13 largest municipalities. On a county level, Granite Staters see widely different median household incomes from statewide median of $70,936, based on data collected in 2016, but also from each other.

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New Hampshire’s Numbers: 2016 Census Bureau Estimates for Income, Poverty, Housing Costs, and Health Insurance Coverage

September 28, 2017 State Economy
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The United States Census Bureau American Community Survey data released September 2017 provides estimates, based on data collected in surveys conducted throughout 2016, of New Hampshire’s population characteristics. The survey data provide year-to-year comparisons of key indicators affecting the lives of Granite Staters. This Fact Sheet outlines Census Bureau estimates for income, poverty, housing costs, and health insurance coverage data for New Hampshire.

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New Hampshire’s Minimum Wage Falls Further Behind

6 Jan 2020

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The federal minimum wage is the lowest hourly wage that can be paid to most workers anywhere in the nation. Since its inception at the national level in 1938, when only certain workers were covered, the wage has increased and encompassed more types of employees over time. State law sets New Hampshire’s minimum wage to the federal minimum level, currently at $7.25 per hour. An individual working 40 hours per week at this wage will make about $15,000 per year, assuming they work all 52 weeks. This income level is below the federal poverty guidelines for all households other than a single person, and well below the levels for households that include a partner and children.