New Hampshire has long been portrayed as a low tax state, due in large measure to the absence of broad-based sales and income taxes. Census Bureau data released last month generally affirm that portrayal, revealing that, relative to the size of its economy, New Hampshire has nearly the lowest level of combined state and local taxes in the nation.
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The Census Bureau released the one-year estimates for 2016 population characteristics based on the American Community Survey on September 14, showing poverty and unemployment in New Hampshire continue to decline in the wake of the Great Recession, but some groups are still struggling more than others. The poverty rate, or the number of people below the poverty threshold, dropped a statistically significant amount between 2015 and 2016, from 8.2 percent to 7.3 percent, with an estimated 94,289 Granite Staters in poverty in 2016.