NHFPI’s August 2023 analysis of rate reductions for the State’s Business Profits Tax (BPT) and Business Enterprise Tax (BET) implemented between 2015 and 2022 estimated the State lost between $496 million and $729 million in revenue due to these reductions. Between State Fiscal Years 2015 and 2022, combined BPT and BET revenues increased 118 percent, ...
Granite Staters face a significant housing shortage, and relatively flexible funds made available through the American Rescue Plan Act can be used to create more affordable housing. The statewide median price of a single-family home rose 54 percent from January 2018 to January 2022, and the 2021 two-bedroom rental vacancy rate was 0.6 percent. The ...
New Hampshire’s economy prior to the COVID-19 crisis was growing, a continuation of the recovery from the Great Recession of 2007-2009. However, growth in wages and job opportunities was uneven, leaving many families and individuals unprepared to weather the current economic crisis. View a preview of the Economy and Jobs infographic below. Click the “Download ...
Based on yearly estimates and the decennial census, the median age of New Hampshire’s population is increasing. The state’s population growth is being fueled by a more racially and ethnically diverse group of individuals and families. View a preview of the Demographics infographic below. Click the “Download This Resource” button to access a PDF version ...
Levels of income and poverty rates vary throughout New Hampshire based on geography and population group. While the state had one of the lowest poverty rates in the country prior to the COVID-19 crisis, nearly 100,000 Granite Staters lived in poverty in 2019. View a preview of the Income and Poverty infographic below. Click the ...
The cost of living in New Hampshire is comprised of many expenses, including housing, health care, child care, food, and others. These expenses, along with the earnings and debts of Granite Staters, interact to impact levels of food security and other challenges New Hampshire residents face. View a preview of the Cost of Living infographic ...