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 2021, over one in four Granite State households had less than $50,000 per year in income, and more than 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
Housing Shortage Continues to Increase Costs for Granite Staters
New Hampshire’s shortage of available housing units has contributed to rapid rental and house price increases in the State since the beginning of the pandemic. Renters and potential home buyers are very likely to face serious challenges in finding suitable and affordable housing in the Granite State. The 2023 New Hampshire Statewide Housing Needs Assessment ...
Affording Household Expenses Remains Challenging for Many Granite Staters
According to data from the U.S. Census Bureau, about one in three Granite State adults reported that paying for usual ...
Federal Tax Credits and Economic Stimulus Helped Boost New Hampshire Median Incomes, Offset Child Poverty Increase in 2021
New data released on September 15 by the U.S. Census Bureau show that median household incomes rose and official poverty ...
Declines in Food Insecurity Among Granite Staters Aided by Federal Pandemic Assistance Programs
New data show that food insecurity among New Hampshire households declined in the last three years, with federal assistance programs ...