Living Expenses, Financial Vulnerability, and Poverty in New Hampshire

Download the PDF version of this Fact Sheet here. Median Household Incomes by Family Type The estimated 2022 median household income in New Hampshire was $89,992. Between 2017 and 2021, the median income for a married-couple family with at least one child in New Hampshire was $133,000, while median incomes for single male householders with ...

Analysis of New Hampshire Business Tax Rate Reductions Finds Significant Revenue Losses

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, ...

Addressing New Hampshire’s Affordable Housing Shortage With American Rescue Plan Act Funds

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 ...

Economy and Jobs

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 ...

Demographics

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 ...

Income and Poverty

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 ...