MyNeighborhood

Can you afford to live in Concord?

Median household income, home values and rent in Concord, NH — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Concord.

Median household income: $83,701 — +49.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,360/mo — +41.5% since 2015

Median home value, 2015 to 2023

  • 2015: 208000
  • 2023: 323700

Median household income

  • Concord: 83701
  • Merrimack County: 93944
  • NH: 95628
  • U.S.: 78538

Median gross rent

  • Concord: 1360
  • Merrimack County: 1293
  • NH: 1423
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.6% — U.S.: 30.2%

What it means

The typical household here earns $83,701 — slightly higher than the national figure of $78,538.

The typical renter here spends 27.6% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+49.2% versus +41.5%), before adjusting for inflation.

Sources

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