New Hampshire Income Statistics The following data are the most current income statistics for New Hampshire from the US Census Bureau, are in 2020 inflation adjusted dollars and are from the American Community Survey 2020 5-year estimates. Median Household Income: $77,923. Average Household Income: $101,292.
What is the average individual income in New Hampshire?
Personal income in New Hampshire – income per capita 2000-2021. In 2021, the per capita personal income in New Hampshire was 72,003 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.
What is middle class income in NH?
New Hampshire is the eighth wealthiest state in the United States, having a median household income of $76,768 as of 2019.
Is NH a poor state?
One of the chief drivers of New Hampshire’s high median income is its poverty rate, which is the lowest in the nation. Only 6.9 percent of the state’s residents live below the poverty line, compared with a national average of 13.7 percent (in Mississippi nearly 21 percent of people live in poverty).
What is the average US household income 2020?
$67,521
Median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 (Figure 1 and Table A-1). This is the first statistically significant decline in median household income since 2011.
What is a good salary in New Hampshire?
Average Salary in New Hampshire
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $95,167 | $7,930 |
| 75th Percentile | $78,248 | $6,520 |
| Average | $65,421 | $5,451 |
| 25th Percentile | $52,342 | $4,361 |
What is the NH poverty line?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $77,923 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $41,234 |
| Persons in poverty, percent | 7.0% |
What is considered wealthy in NH?
In the nation as a whole, the richest 20 percent of households earn at least $131,350 annually, according to the analysis. And to be in the top 5 percent of income earners in New Hampshire, households need to make at least $250,000 per year.
What salary is Upper Class?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is Upper Class income for a single person?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher. However, an upper class income also depends on where you live.
Why is NH poverty so low?
The low poverty rate is a result of the state’s strong economy and low unemployment rate, said Taylor Caswell, state commissioner of the Department of Business and Economic Affairs. “There is a connection to the economy,” he said. “We have jobs available across the state.”
What is the poorest US state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is it cheaper to live in New Hampshire?
An amount below 100 means New Hampshire is cheaper than the US average. A cost of living index above 100 means New Hampshire, New Hampshire is more expensive.
New Hampshire cost of living is 105.4.
| COST OF LIVING | New Hampshire | United States |
|---|---|---|
| Housing | 118.6 | 100 |
| Median Home Cost | $357,000 | $291,700 |
| Utilities | 120.5 | 100 |
What is a middle class household income?
California. 2-person family middle-class income range: $52,681 to $157,258. 3-person family middle-class income range: $57,796 to $172,524. 4-person family middle-class income range: $66,091 to $197,288.
What percentage of Americans make over 100k?
30.7%
About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.
What is middle class income in America?
In this analysis, “middle-income” adults in 2021 are those with an annual household income that was two-thirds to double the national median income in 2020, after incomes have been adjusted for household size, or about $52,000 to $156,000 annually in 2020 dollars for a household of three.
How much do you need to make to live comfortably in NH?
According to GoBankingRates.com, in an article titled “The Salary You Need to Afford Rent in Every State,” a resident of New Hampshire would need to make approximately $69,920 per year in order to afford a single-family residence without having your monthly rent consume more than 30 percent of total income.
Is it cheaper to live in NH or MA?
The cost of living in NH is 15% less than MA. The cost of groceries in NH is 14% less than MA. The cost of housing in NH is 25% less than MA. The cost of utilities in NH is 10% less than MA.
What are the most common jobs in New Hampshire?
Detailed List Of The Most Common Jobs In Manchester, NH
| Rank | Job Title | Count |
|---|---|---|
| 1 | Sales Associate | 876 |
| 2 | Cashier | 839 |
| 3 | Licensed Nursing Assistant | 709 |
| 4 | Customer Service Representative | 697 |
What is the poorest town in New Hampshire?
Berlin
| State | Poorest Town | Population |
|---|---|---|
| New Hampshire | Berlin | 10,382 |
| New Jersey | Crestwood Village | 8,164 |
| New Mexico | Belen | 7,106 |
| New York | New Square | 8,133 |
What is the poorest county in NH?
Rockingham County
While Rockingham County has the lowest poverty rate in New Hampshire, this county is estimated to be home to the second-largest number of people in poverty, about 14,200, relative to other counties in the state.
