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
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 held steady in New Hampshire in 2021 compared to just before the pandemic. These data also show that more than one in four households had incomes below $50,000 in 2021, and that child poverty increased ...
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 ...
Expansions of the Earned Income Tax Credit and Child Tax Credit in New Hampshire
The Earned Income Tax Credit (EITC), established in 1975, provides assistance to working individuals and families with low incomes. In ...
Poverty in New Hampshire Was Higher Than Other States When Adjusted for Regional Housing and Other Costs
The official estimate of poverty at the state-level indicated that New Hampshire had the lowest rate of poverty in the ...