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Poverty on the Rise in NH

September 19, 2013 Common Cents

Poverty on the Rise in New HampshireData released earlier today by the U.S. Census Bureau indicate that New Hampshire’s poverty rate – both for all state residents and for children – reached its highest level in six years in 2012.

According to the American Community Survey – which the Census Bureau now recommends using to understand economic trends at the state and sub-state level – New Hampshire’s overall poverty rate was 10 percent in 2012, up from 8.8 percent in 2011 and higher than the 7.1 percent rate that obtained in 2007, prior to the Great Recession.  All told, roughly 128,500 New Hampshire residents had incomes below the poverty line in 2012.

Of that total, approximately 40,500 were children under the age of 18 living with their families. In other words, 15.1 percent of all such children lived in poverty in 2012.  This rate, too, is up from its 2011 level of 11.7 percent and remains above its 2007 level of 8.3 percent.

Household Incomes Show No ImprovementThe latest Census data also suggest that the real purchasing power of the income for the typical New Hampshire household has shown no improvement over the course of the economic recovery.  In 2012, New Hampshire’s median household income was $63,280, which after adjusting for inflation and taking statistical significance into account was no different than what it was in 2011.  However, it is almost $6,000 less than the income of the median New Hampshire household in 2007; that year, after adjusting for inflation, it was close to $69,100.

To be sure, New Hampshire continues to fare better than most states by these measures. Its poverty rate remains among the lowest in the nation, while the income for the typical household here is among the highest.  Nevertheless, if New Hampshire is to reverse these trends, it will require renewed attention by state policymakers to the circumstances working Granite Staters face each day.

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Elections Highlight Continuing Questions About Keno Revenue

8 Nov 2017

tree with coins

While results are still preliminary, Keno gaming appears to have been legalized in seven cities around New Hampshire as a result of Tuesday’s votes. The margin of victory in Rochester for Keno legalization was reportedly only one vote and may still be subject to change or recount, but voters appear to have legalized Keno gaming in Berlin, Claremont, Laconia, Manchester, Nashua, Rochester, and Somersworth. Voters in Concord, Dover, and Keene voted against Keno gaming legalization. Franklin had legalized Keno gaming previously, and the Portsmouth City Council decided to not put Keno on the ballot. Other municipalities, including the City of Lebanon, may make decisions regarding Keno legalization next year. These results have implications for State policy and finances.