The State of New Hampshire Area Home Supply Charts

This page looks at a variety of New Hampshire housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. New Hampshire shows it has a Housing Units of 638,611 which is in the mid point range of other states in the metro area.

Figure 2 illustrates the housing density in the New Hampshire housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) the state of shows it has a Housing Density of 71.3 which is in the mid range of other states in the metro area. The state with the highest housing density in the group is Rhode Island which depicts a density of 453.9 ( appreciably bigger).

In Figure 4, New Hampshire area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. the state of depicts it has a Housing Unit Change of 3.9% which is the second most housing units of all the states in the greater New Hampshire region. The state with the highest change in the housing units in the group is Vermont which depicts a housing units of 4.5% (17.2% larger).

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) the state of shows it has a Renter Percent of 28.8% which is in the center range of other states in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 71.2% which is the third most owner percent of all other states in the greater New Hampshire region.

The State of New Hampshire Home Cost Charts

Looking at the housing data provided in Figure 7, the average New Hampshire home price is illustrated for this community and a useful analysis of affordable housing. New Hampshire depicts it has a Median Home Value of $272,300 which is in the center range of other states in the metro area. The state with the highest median home price in the group is Massachusetts which shows a home price of $398,800 (46.5% larger). Figure 8 provides aggregate comparative data for the New Hampshire metro area in terms of the median housing rental rate, apartment rent, etc. the state of depicts it has a Median Gross Rent of $1,145 which is the third most rental rates of all other states in the greater New Hampshire region. The state with the highest rental rates in the group is Massachusetts which depicts a rental rates of $1,336 (16.7% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. New Hampshire has the largest proportion of home price worth between $200,000 to $300,000 at 21% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. the state of depicts it has a Median Owner Cost of $1,540 which is in the mid range of other states in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the New Hampshire metro area. it has a Owner Cost as % of HH Income of 20% which is in the mid point range of other states in the metro area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. the state of shows it has a Median Home Value as Percent of Median Earnings of 493% which is the third most median home value as a percent of median worker earnings of all other states in the greater New Hampshire region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) the state of depicts it has a Median Owner Costs-With Mortgage of $1,967 which is the third most median housing cost of all other states in the greater New Hampshire region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $812 which is the third most of all other states in the greater region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. New Hampshire has one of the largest proportions of owner cost less than $300 at 3% of the total and is ranked #3. Only #2 Vermont (5%), and #1 Maine (14%) are larger.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) the state of shows it has a % of Income Owner Costs-With Mortgage of 22% which is in the middle range of other states in the metro area. The state with the highest cost as a percent of household income in the group is Rhode Island which shows a cost as a percent of household income of 23% ( only slightly larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. the state of shows it has a % of Income Owner Costs-No Mortgage of 15% which is the second most cost as a percent of household income of all the states in the greater New Hampshire region. The state with the highest cost as a percent of household income in the group is Vermont which depicts a cost as a percent of household income of 15% ( only slightly larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) New Hampshire has the largest proportion of rent as a percent of income is less than 10 pct at 22% of the total and is ranked #1. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 26% of the total and is ranked #1. Third, it has less than most other states in the metro area in terms of rent as a percent of income is between 40pct to 50pct at 20% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $5,796 which is the second most of all the states in the local area. The state with the highest median real estate taxes paid in the group is Connecticut which indicates a taxes paid of $5,966 (only about 2.9% larger).

Figure 23 shows the rental rate distribution for this area. New Hampshire has the smallest proportion of rent less than 300 dollars at 4% of the total. Second, it has the largest proportion of rent between 750 and 1000 dollars at 38% of the total and is ranked #1. Third, it has the smallest proportion of rent between $2,500 and $3,500 at 0% of the total.

The State of New Hampshire Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. New Hampshire has the smallest proportion of No 2nd Mortgage or HELOC at 9% of the total. Second, it has the smallest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 8% of the total.

The State of New Hampshire Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.0 which is in the middle range of other states in the local area. The state with the highest family members per housing unit in the group is Massachusetts which shows a family members per housing unit of 3.2 (only about 4.9% larger).

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.6 which is at the top of all other states in the metro area. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1977 which is the highest of all states in the area.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 12% of the total and is ranked #2. The only larger state being Maine with 13%. Second, it has the largest proportion of homes built between 1990 to 1999 at 20% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1940 to 1949 at 20% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the middle range of other states in the area at 155,277 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 10 to 19 units at 5% of the total and is ranked #1. Second, it has the largest proportion of mobile home at 0% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later in the mid range of other states in the greater region at $351,200 of the total. Second, it has in the mid point range of other states in the metro area when ranked by value of homes built 2010 to 2013 at $325,200 of the total. Third, it has in the mid range of other states in the metropolitan area when ranked by value of homes built 2000 to 2009 at $326,400 of the total. Also, it has in the center range of other states in the metro area when sorted by value of homes built 1990 to 1999 at $263,700 of the total. In addition, it has in the mid point range of other states in the metropolitan area when ranked by value of homes built 1980 to 1989 at $259,300 of the total. Furthermore, it has in the mid range of other states in the local area when ranked by value of homes built 1970 to 1979 at $256,600 of the total. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $240,300 of the total and is ranked #3. Only #2 Rhode Island ($242,200), and #1 Massachusetts ($365,000) are larger. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $229,600 of the total and is ranked #3. Only #2 Rhode Island ($237,300), and #1 Massachusetts ($354,900) are larger. And then, it has in the center range of other states in the local area when sorted by value of homes built 1940 to 1949 at $241,700 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for New Hampshire residents. it has a Owner-Household Size of 2.6 which is in the mid point range of other states in the greater region. The state with the highest homeowner household size in the group is Massachusetts which depicts a homeowner household size of 2.7 (only about 3.9% larger).

Figure 37 shows the household size for renters. the state of depicts it has a Renter-Household Size of 2.1 which is in the center range of other states in the surrounding region. The state with the highest renter household size in the group is Connecticut which depicts a renter household sizes of 2.2 (7.2% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 19% of the total and is ranked #1. Second, it has the largest proportion of owners moved in 2015 to 2018 at 18% of the total and is ranked #1. Third, it has the smallest proportion of owners moved in 1990 to 1999 at 15% of the total. Figure 39 shows the year that people who rent moved into the area. New Hampshire has the largest proportion of renters moved in 2019 or later at 50% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 11% of the total. Third, it has the smallest proportion of renters moved in 1990 to 1999 at 2% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is the largest of all states in the greater New Hampshire region. Figure 41 compares the median year that renters moved into their home. the state of depicts it has a Renter Median Year Moved In of 2016 which is the most of all states in the greater New Hampshire region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of homes using solar energy at 2% of the total and is ranked #2. The only larger state being Maine with 2%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the New Hampshire housing department, department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. the state of depicts it has a Total In Group Quarters of 41,423 which is in the mid point range of other states in the greater region.