Income & Poverty
Compared to other states, New Hampshire has a high median household income and a low official poverty rate. Yet nearly 100,000 Granite Staters live in poverty. In 2022, about one in four Granite State households had less than $50,000 per year in income, and about one in six had less than $35,000. Estimates of living costs in New Hampshire suggest many households are not able to make ends meet, with incomes often too limited to be able to afford the combined costs of housing, child care, transportation, and other necessities.
NHFPI aims to analyze and interpret the trends in income and poverty in the Granite State and provide insights into public policies designed to improve the economic security of New Hampshire’s residents.
Featured Resources
Latest U.S. Census Bureau Data Show Granite Staters’ Economic Well-Being Remained Steady and Did Not Improve in 2024
In 2024, U.S. Census Bureau data show that Granite Staters’ economic well-being remained stable, with household incomes and poverty rates largely unchanged, health insurance coverage steady, and nearly half of renters continuing to be burdened by high housing costs.
Who is Experiencing Poverty in the Granite State?
A new analysis from NHFPI’s Jessica Williams examines who in New Hampshire is most affected by poverty—and how trends are shifting. While the state’s overall poverty rate has remained steady, the data reveals significant changes in who is experiencing financial hardship.
Nearly One in Three Federal Income Tax Returns from New Hampshire Reported $100,000 or More of Income
Nearly one in three Granite State tax filers reported more than $100,000 in income on their 2022 federal tax return. A new NHFPI analysis and interactive map reveal where high-income filers are concentrated — and where they aren’t — highlighting stark disparities across New Hampshire communities.
Spotlight on Granite State Women in the Labor Force for National Women’s Equal Pay Day
On National Equal Pay Day, NHFPI published a new analysis that finds New Hampshire women still face stark wage gaps. Granite State women working full-time, year-round earned just 76% of what men made in 2023—far below the national average of 83%.