New Hampshire

#8

New Hampshire

State Facts

Minimum Wage $7.25
2-Bedroom Housing Wage $39.24
Number of Renter Households 151,369
Number of Renter Households
Below 30% AMI
39,099
Percent of Renter Households
Below 30% AMI
25%
Number of Renter Households
Below 50% AMI
65,723
Percent of Renter Households
Below 50% AMI
42%

Affordable Rent for Low Income Households

Minimum Wage Worker

$377/mo

Household at 30% of Area Median Income

$978/mo

Household at 50% of Area Median Income

$1,630/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,569/mo

2-Bedroom Fair Market Rent

$2,040/mo

Working at minimum wage $7.25/hr

Each week you have to work 167 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Compare Jurisdictions

New Hampshire New Hampshire Non-metropolitan areas Boston-Cambridge-Quincy HMFA Hillsborough County (part) HMFA Lawrence HMFA Manchester HMFA Nashua HMFA Portsmouth-Rochester HMFA Western Rockingham County HMFA
Number of Households
Total 555,822 207,432 4,155 13,303 57,242 67,567 87,870 99,513 18,740
Renter 151,369 51,714 1,255 2,631 10,991 28,013 24,386 30,258 2,121
Percent Renters 27% 25% 30% 20% 19% 41% 28% 30% 11%
Housing Wage
Zero-Bedroom $27.76 $25.22 $45.37 $24.73 $30.10 $27.00 $28.21 $30.79 $32.33
One-Bedroom $30.18 $27.30 $47.62 $24.88 $33.27 $29.85 $32.17 $32.25 $32.54
Two-Bedroom $39.24 $35.59 $56.56 $32.65 $43.65 $39.17 $40.90 $42.19 $42.69
Three-Bedroom $49.77 $47.17 $67.81 $39.15 $52.35 $46.96 $54.27 $51.79 $59.02
Four-Bedroom $53.70 $49.46 $74.88 $54.65 $57.81 $51.87 $57.71 $56.56 $59.23
Fair Market Rent
Zero-Bedroom $1,443 $1,311 $2,359 $1,286 $1,565 $1,404 $1,467 $1,601 $1,681
One-Bedroom $1,569 $1,420 $2,476 $1,294 $1,730 $1,552 $1,673 $1,677 $1,692
Two-Bedroom $2,040 $1,851 $2,941 $1,698 $2,270 $2,037 $2,127 $2,194 $2,220
Three-Bedroom $2,588 $2,453 $3,526 $2,036 $2,722 $2,442 $2,822 $2,693 $3,069
Four-Bedroom $2,792 $2,572 $3,894 $2,842 $3,006 $2,697 $3,001 $2,941 $3,080
Annual Income Needed to Afford
Zero-Bedroom $57,732 $52,452 $94,360 $51,440 $62,600 $56,160 $58,680 $64,040 $67,240
One-Bedroom $62,773 $56,785 $99,040 $51,760 $69,200 $62,080 $66,920 $67,080 $67,680
Two-Bedroom $81,614 $74,030 $117,640 $67,920 $90,800 $81,480 $85,080 $87,760 $88,800
Three-Bedroom $103,527 $98,119 $141,040 $81,440 $108,880 $97,680 $112,880 $107,720 $122,760
Four-Bedroom $111,690 $102,874 $155,760 $113,680 $120,240 $107,880 $120,040 $117,640 $123,200
Minimum Wage
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25
Rent Affordable for a Full-Time Worker at Minimum Wage $377 $377 $377 $377 $377 $377 $377 $377 $377
Work Hours/Week at Minimum Wage
Zero-Bedroom 153 139 250 136 166 149 156 170 178
One-Bedroom 167 151 263 137 184 165 178 178 180
Two-Bedroom 216 196 312 180 241 216 226 233 236
Three-Bedroom 275 260 374 216 289 259 299 286 326
Four-Bedroom 296 273 413 302 319 286 318 312 327
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $1,021 $1,021 $1,021 $1,021 $1,021 $1,021 $1,021 $1,021 $1,021
Rent affordable to SSI recipient $306 $306 $306 $306 $306 $306 $306 $306 $306
Income Levels
30% of Area Median Income (AMI) $39,113 $34,621 $49,380 $36,510 $41,190 $37,680 $44,280 $42,270 $46,230
50% of Area Median Income (AMI) $65,188 $57,701 $82,300 $60,850 $68,650 $62,800 $73,800 $70,450 $77,050
Median Renter Household Income $62,531 $54,218 $38,421 $76,005 $69,213 $62,685 $70,554 $67,397 $64,418
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $978 $866 $1,235 $913 $1,030 $942 $1,107 $1,057 $1,156
50% of Area Median Income (AMI) $1,630 $1,443 $2,058 $1,521 $1,716 $1,570 $1,845 $1,761 $1,926
Median Renter Household Income $1,563 $1,355 $961 $1,900 $1,730 $1,567 $1,764 $1,685 $1,610

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Fast Food and Counter Workers 14,540 $15.61
Cashiers 17,250 $16.72
Retail Salespersons 23,880 $17.89
Stockers and Order Fillers 14,400 $18.17
Receptionists and Information Clerks 5,320 $18.85
Waiters and Waitresses 10,030 $18.99
Home Health and Personal Care Aides 9,440 $19.16
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 9,420 $19.34
Cooks, Restaurant 7,190 $19.87
Laborers and Freight, Stock, and Material Movers, Hand 8,340 $20.81
Landscaping and Groundskeeping Workers 6,050 $22.18
Light Truck Drivers 4,670 $22.86
Miscellaneous Assemblers and Fabricators 6,130 $23.20
Customer Service Representatives 12,750 $23.37
Nursing Assistants 7,810 $23.66
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 9,050 $23.76
Office Clerks, General 12,740 $24.23
First-Line Supervisors of Retail Sales Workers 6,610 $25.52
Bookkeeping, Accounting, and Auditing Clerks 7,180 $25.92
Maintenance and Repair Workers, General 5,780 $26.11
All Occupations 683,290 $27.62
Automotive Service Technicians and Mechanics 4,840 $29.17
Heavy and Tractor-Trailer Truck Drivers 6,960 $29.79
Housing Wage 1 Bedroom $30.18
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 4,670 $35.34
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 4,940 $35.97
First-Line Supervisors of Office and Administrative Support Workers 7,600 $36.20
Housing Wage 2 Bedroom $39.24
Accountants and Auditors 7,000 $41.25
Registered Nurses 15,390 $49.26
General and Operations Managers 22,110 $61.61
Software Developers 10,840 $69.04
Financial Managers 4,330 $71.52