MyNeighborhood

Can you afford to live in Manchester?

Median household income, home values and rent in Manchester, 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 Manchester.

Median household income: $77,415 — +42.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,465/mo — +44.5% since 2015

Median home value, 2015 to 2023

  • 2015: 206100
  • 2023: 336300

Median household income

  • Manchester: 77415
  • Hillsborough County: 100436
  • NH: 95628
  • U.S.: 78538

Median gross rent

  • Manchester: 1465
  • Hillsborough County: 1532
  • NH: 1423
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.5% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($77,415 versus $78,538).

The typical renter here spends 30.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+44.5% versus +42.6%), before adjusting for inflation.

Sources

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