New Hampshire Real Estate and Livability Trends
New Hampshire's real estate market reflects shifting economic trends, with average taxable income per tax return climbing from $66,973.63 in 2013 to $108,860.83 in 2021, hinting at a wealthier population. Despite this, rising state and local income taxes—from $4,802.65 in 2012 to $12,013.37 in 2021—and a jump in total tax liability to approximately $21,067.52 may elevate living costs. Median... Read more
New Hampshire Market Trends
Over the past eight years, New Hampshire's median home values have increased from $237,300 to $337,100, nearly $100,000 higher, suggesting a robust housing market. This hike not only outpaces the national median growth but also implies potentially higher returns on property investments while signaling higher entry costs for prospective residents. Additionally, average residential energy tax... Read more
Median Value of Occupied Housing Units in New Hampshire Over the Last 8 Years
Over the past eight years, New Hampshire's median home values have shown a strong upward trend, growing from $237,300 in 2015 to $337,100 in 2022. This nearly $100,000 increase suggests a robust housing market that's outpacing the national median, which grew from $125,500 to $179,400 in the same period. For investors, this trend implies potentially higher returns on property investments, while prospective residents might find the rising values indicative of a thriving local economy but should brace for higher entry costs.
Active Loans in Foreclosure/Bankruptcy/Deed in Lieu in New Hampshire over the last 10 years
Active Loans 30-60 Days Past Due in New Hampshire over the last 10 years in New Hampshire
Perent of loans that are Active Loans 90-180 Days Past Due in New Hampshire over the last 10 years in New Hampshire
Residential Energy Tax Credit Per Tax Return in New Hampshire Over the Last 9 Years
Over the last nine years in New Hampshire, the average residential energy tax credit per tax return has shown significant variability. Starting at around $388.05 in 2013, it saw a notable peak at $4,037.90 in 2018. Despite fluctuations, the credit generally remained well above initial levels, suggesting an overall upward trend. This data could indicate evolving state incentives, shifting energy policies, or increased residential investment in energy-efficient solutions, making it an essential consideration for stakeholders like investors, homebuyers, and real estate agents.
Average Real Estate Taxes Per Tax Return in New Hampshire Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in New Hampshire have shown a consistent upward trend. Starting at approximately $6,689.88 in 2012 and gradually increasing each year to about $9,915.98 in 2021, this trajectory may be influenced by a combination of rising property values and adjustments in tax rates. For those looking to invest, relocate, or build property in New Hampshire, this could indicate an escalating cost of property ownership. Potential buyers and stakeholders might want to consider these tax implications when evaluating their financial plans.
Percentage of Farm Returns in New Hampshire Over the Last 10 Years
Farm tax returns in New Hampshire, an indicator of agricultural activity, have shown a slight but consistent decline over the past decade. In 2012, the percentage of farm tax returns was approximately 0.32%, and by 2021, it had decreased to around 0.27%. This trend is significant for those considering agricultural investments or property development, hinting at a gradual decrease in farm-based economic activities in the area. This could suggest potential shifts in land use or investment opportunities in different sectors within New Hampshire.
Economic Outlook
New Hampshire's real estate market could be experiencing some shifts due to economic trends seen in the past decade. A notable rise in average taxable income per tax return, from $66,973.63 in 2013 to $108,860.83 in 2021, suggests a more affluent population, which might make the state more appealing for high-end property development and investment. However, this financial boost is paired with a significant rise in average state and local income taxes, from $4,802.65 in 2012 to $12,013.37 in... Read more
Average Taxable Income per Tax Return in New Hampshire over the last 9 years
Over the past nine years, New Hampshire has seen a notable increase in average taxable income per tax return. From $66,973.63 in 2013 to $108,860.83 in 2021, this upward trend suggests a robust economic environment, potentially making the state more attractive for investors, new residents, and real estate developers. The significant jump observed in 2021 could imply recent economic growth or shifts that may interest appraisers and insurance agents assessing property values and risks. This financial trendline is worth considering for anyone involved in the local real estate market or those contemplating relocation.
Average State and Local Income Taxes Per Tax Return in New Hampshire Over the Last 10 Years
In the last decade, New Hampshire has likely seen a significant rise in average state and local income taxes per tax return, jumping from $4,802.65 in 2012 to $12,013.37 by 2021. This sharp increase might impact investment decisions, property values, and the overall cost of living. For real estate agents and financial advisors, understanding this trend is crucial for providing accurate counsel to clients. Appraisers and insurance agents might also need to account for these changes when assessing property values and policies.
Average Total Tax Liability Per Tax Return in New Hampshire Over the Last 10 Years
Over the last decade, New Hampshire has seen a notable increase in the average total tax liability per tax return, starting at approximately $11,525.73 in 2012 and reaching about $21,067.52 by 2021. This upward trend suggests a rising tax burden which could impact both current residents and prospective movers, potentially influencing decisions related to property investment, real estate transactions, and insurance considerations. Investors and real estate agents may need to account for these changes in financial planning and advising clients.
Cost of Living in New Hampshire
Safety trends & Data
New Hampshire's property crime landscape over the past five years reveals interesting dynamics. Fraud cases are a major concern, peaking at 3,197 in 2018, while physical crimes like burglary remain rare, consistently under 50 incidents annually. Vandalism and stolen property crimes exhibit a moderate but declining trend, signaling shifting risks for residents and investors. These factors create a nuanced environment for those engaging with the local real estate... Read more
Property Crime Trends in New Hampshire Over the Last 5 Years
Property crime trends in New Hampshire over the last five years show fluctuating numbers across different types of offenses. Fraud remains a significant concern, hovering around the thousands each year and peaking at 3,197 cases in 2018. More physical crimes like burglary and motor vehicle theft are comparatively lower, with burglary consistently below 50 incidents annually. Vandalism and stolen property-related crimes maintain a moderate presence but show a downward trend. These complexities suggest varying risk levels for residents, investors, and professionals engaging with the local market.
Demographics
New Hampshire's gender distribution shows a slight tilt towards females in the adult population. Educational attainment reveals a highly educated populace, with nearly 40% holding a bachelor's or graduate degree. Interestingly, the age demographics hint at an aging population, with a significant portion being 55 years or older. Race distribution highlights a predominantly white population, though there is some racial diversity present with notable Asian and African American communities. These... Read more
Race Distribution in New Hampshire (2022)
Educational Attainment in New Hampshire (2022)
Age Distribution in New Hampshire
Citizen Population in New Hampshire (2022)
Political Trends & Data
New Hampshire's real estate market is potentially influenced by its competitive political landscape. The 2020 U.S. Presidential Election saw the Democratic party garnering around 52.9% of the votes, closely followed by Republicans with 45.5%. This tight race could suggest a dynamic environment affecting local policies, housing demand, and community investments. Libertarian and smaller parties had minimal impact, likely indicating that bipartisan dynamics dominate, which could shape future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
New Hampshire saw a significant lean towards the Democratic party in the 2020 U.S. Presidential Election, capturing around 52.9% of the votes. Republicans weren't far behind, with a close 45.5%, while the Libertarian party had a minimal impact, garnering just 1.6%. The Green Party and other smaller parties didn't seem to make much of an impression. This trend likely highlights the state's increasingly competitive political landscape and the potential for future electoral shifts.
45.49% of voters voted for the Republican party in the 2020 Presidential Election
52.86% of voters voted for the Democrat party in the 2020 Presidential Election
1.65% of voters voted for the Libertarian party in the 2020 Presidential Election
School Data
New Hampshire's student-to-teacher ratio has continually stayed below the national average of 14 students per teacher, fluctuating between 10.44 and 11.57 over the past decade. This trend might indicate smaller class sizes, potentially leading to a more personalized education experience and higher student performance. For families considering relocating, investors, and real estate agents, the consistently low ratios could be a significant draw, suggesting solid support for public education,... Read more
Student-to-teacher ratio in New Hampshire over the last 10 years
Over the past decade, New Hampshire's student-to-teacher ratio has consistently remained below the national average of 14 students per teacher, fluctuating between 10.44 and 11.57. This trend could indicate smaller class sizes, which many believe may lead to a more personalized education experience and potentially higher student performance. For families considering relocating, investors, and real estate agents, the consistently low ratios could be a significant draw, suggesting robust support for public education. Appraisers and insurance agents might also find this data useful as it could impact property values and risk assessments for the area.