New data released by the U.S. Census Bureau provide key insights into the economic well-being of Granite Staters. The American Community Survey’s 2023 state-level data showed that median household income recovered to 2021 levels after adjusting for inflation, following a decline in 2022. While the median household income increased, the poverty rate held steady at ...
State revenues in August continued to rely on high interest rates and State cash holdings to generate a surplus relative to revenue targets planned for the State Budget. While some tax revenue sources, including the combined business taxes, matched or exceeded their revenue targets, others fell well behind expectations. Interest on State cash holdings have ...
Survey data analyzed by the U.S. Department of Agriculture (USDA) provides reliable insights into the number of households experiencing food insecurity across the country and in the Granite State. According to the USDA, food insecurity is defined as when households are unable to provide enough food for one or more household members due to a ...
For many Granite State families, child care is inaccessible and unaffordable. Some families in New Hampshire may find child care unaffordable specifically due to the high price of tuition which, in 2023, averaged nearly $32,000 annually for two children under five years old in center-based care. When parents are unable to work, family household incomes ...
New data collected earlier this year show the cost of renting continues to rise in New Hampshire, increasing pressure on overall housing availability and the finances of Granite State renters. The median price for a rental unit in New Hampshire reached a record high of $1,691 in 2024. Moreover, as of July 2024, the median ...
Key New Hampshire State revenue collections in July relied on interest on State cash holdings to generate a small surplus and revenue growth from the same month last year. Several important tax revenue sources that the State has relied on for revenue growth in recent years remained behind both State Budget expectations and last year’s ...