New U.S. Census Bureau data released on December 19, 2023 show that New Hampshire’s population continues to grow, and Maine’s population has been the fastest growing in New England between April 1, 2020 and July 1, 2023. Between those dates, Maine grew by about 32,500 residents (2.4 percent), while New Hampshire added an estimated 24,500 ...
Presented by Phil Sletten, Research Director at the New Hampshire Fiscal Policy Institute, to a meeting of the Moral Economy Table on December 19, 2023.
NHFPI analysis indicates that recent reductions to State business tax rates have not spurred sufficient economic activity to offset revenue losses from rate reductions and, as such, are not a positive contributing factor for recent State business tax revenue increases. Combined state-level corporate income tax revenues in other New England states, as well as nationally, ...
Affordable child care is defined by the federal government as no more than 7 percent of a household’s income. In 2022, center-based care for an infant in New Hampshire averaged $15,340 a year. For 2017-2021, a married-couple family would have had to have spent 11 percent of their household income to afford this care, while ...
Median household income in New Hampshire during 2022 was about the same as in 2021 and was estimated to be about $89,992, which is the highest recorded amount. After adjusting for inflation, however, the purchasing power of median households dropped significantly from 2021. About one in four New Hampshire households had annual incomes below $50,000 ...
InDepthNH, December 16, 2023