new hampshireIt is a small state, one of the smallest in the United States.
It's in an area called New England, Maine,Vermont, Massachusetts y Maine.
It is not densely populated, with only two major metropolitan areas.
There is no general sales tax or personal income tax in the state, making it an ideal place to live.
Here are the main pros and cons to consider when considering a move to New Hampshire.
25 Advantages of Living in New Hampshire
1. It's an incredibly small state near Boston
it is expensive to liveBoston.
Fortunately for many, New Hampshire is close to Boston.
Many people work in Boston because they receive higher wages, but commute from New Hampshire.
The state is so small that Boston can be traveled to from almost anywhere in New Hampshire.
Not only can you earn more this way, but you can also live in New Hampshire for much less money.
Commuting allows you to enjoy all the benefits of a big city without having to live there.
2. It has a beautiful nature, rich in color.
New England is known for its charm and color.
New Hampshire has all the warmth and color you'll find anywhere in New England, especially if you venture beyond the city.
It has a large number of natural landscapes, from lakes to mountains.
One cannot forget the forests.Winnipesaukee-Vergives access to countless outdoor activities in its 40,000 hectares.
in winter there aremonte washingtonto meet all your skiing needs.
There are more places to see nature in New Hampshire than there are people.
3. Rich in historical charm
One of the original 13 colonies, New Hampshire is made up of small historic towns and cities and has many pristine forested areas.
Approximately 1.4 million people live in New Hampshire, with more being added regularly.
A lot of people don't leave the state, so it's getting busier and busier.
It is close to the border with Canada.
4. New Hampshire has no sales tax
Most taxes in the state of New Hampshire are much cheaper.
New Hampshire has no sales tax.
There are fewer than five states in the United States that do not charge sales tax, and New Hampshire is one of them.
The lack of sales tax is one good reason why working in Boston and living in New Hampshire is ideal.
You don't have to pay sales tax, making it easier and cheaper to establish your residence in the state of New Hampshire.
Think about how much money you can save when buying a new car because there is no sales tax involved.
Plus, there are no taxes on the retirement income you own.
5. There are important vacancies
New Hampshire is often referred to as the Granite State.
New Hampshire has extensive granite formations that offer many mining opportunities.
In addition, since its establishment as one of the first colonies, it has been a center of shoe, paper, and textile manufacturing.
6. Lots of education and learning opportunities
Two important and recognized educational institutions are located here.
philipps exeteris a top-ranked private school in the US and is located in New Hampshire.
Dartmouthit is also found in New Hampshire.
Public schools rank incredibly high in the education they provide.
They focus on independent thinking and encourage questioning and thoughtful discussion.
7. There are significant employment opportunities available
There are many employers in the state that have a strong presence in New Hampshire.
There are a few other employers in Boston, which is close to New Hampshire.
Some of these employers are UPS, Fidelity, Oracle, and BAE Systems.
They are considered solid employers because they pay well and offer good benefits.
The unemployment rate is low, so almost everyone has a job.
If you don't have a job prospect but are considering moving to New Hampshire, make sure a job is available.
8. There is a low crime rate in New Hampshire.
Most people want to live in a place where they can feel safe at all times.
New Hampshire is the state for these people because the crime rate is low.
There are about four violent crimes for every 1,000 people.
When it comes to property crime, there are fewer than 14 crimes per 1,000 residents.
This is the safest state in all of the United States and should be considered if safety is a primary concern.
9. Nashua is a great place to live
NashuaIt is often ranked as the best place to live in the US.
It's a small town that consistently ranks as one of the most diverse places to live in New Hampshire.
If traffic helps, Nashua is only an hour from Boston.
10. Housing is so affordable that anyone can buy one.
If you have limited income, consider moving to New HampshireBerlin.
It is considered quite affordable.
Property tax per year in Berlin is less than US$4,000.
This value is 50% lower than in many cities in the country.
Berliners pay €4,200 a year for the mortgage.
In northern New England, you can find homes for less than $60,000.
You may have enough cash to pay for a New Hampshire property with cash.
11. Commercial areas stand out in the southern zone of the state
Although New Hampshire is known for its rural and urban life, there is considerable commercial development.
Most of the rural areas remain in the north, while the most commercial areas are in the south.
There are a variety of companies that are betting on technology to increase property prices and improve the economy.
Traditional sources of income also occur in the state.
12. Do you have access to the beach?
While this area isn't as well known as a fishing destination as other parts of New England, fresh seafood is available if you so desire.
There are places you can go swimming if that piques your interest, but the water stays cool all year long.
There are houses along the coast, ranging in price from $300,000 to $900,000.
There are restrictions on what you can build where the Historic District Commission protects the area.
13. Big cities are diverse
New Hampshire is one of the smaller states, but there are some large cities that are very different from each other.
This gives you the opportunity to live in your preferred type of area but visit others.
ManchesterIt is more urban, with more animation at night.
unitIt is the capital of the state and has historical architecture and a large number of shops.
HanoverIt is a quiet country town on the Connecticut River.
It also borders Vermont. Hanover is home to Dartmouth College.
Bedford, a suburb of Manchester, offers you the balance between city and small town living.
It is close to many areas including Boston. Portsmouth offers colonial homes and waterfront scenery.
14. Manufacturing and technology are important industries
Manufacturing has been a major driver of the state's economy for generations, and that hasn't changed.
Recently, technology has become another prominent force, as computer and software development has taken off in the state.
Health care employment has grown tremendously and is now the second highest in the state.
Tourism plays an important role in the New Hampshire economy.
Nearly 80,000 tourists visit New Hampshire each year.
15. Lower cost of living for some items
In general, there are areas in New Hampshire where the cost of living is higher and where it is lower.
If you look at them all together, things are likely to balance out.
Remember there is no sales tax.
Items that look a bit more expensive will not have VAT added, which could make them more affordable.
Although owning a car is necessary in New Hampshire, insurance and gas costs are lower than the national average, making a car affordable.
Average transportation costs are 12% below the national average.
Health care costs are also 12% below the national average.
16. It is a great place to retire
New Hampshire is considered one of the 10 best states to retire.
Income from pensions and social security are completely tax free.
You do not owe money to the IRS.
Also, there is plenty of countryside to see and explore to help keep you fit and healthy in your old age.
New Hampshire also has one of the best health plans, which becomes more important as you get older.
17. The State progressively thinks
The state motto is "Live Free or Die", creating a group of independent and determined people.
New Hampshire is an incredibly liberal and open-minded state.
They have progressive thoughts and philosophies regarding social issues.
Despite this progressive notion, however, most of northern New England is not all that ethnically diverse.
18. New Hampshire has a beach
playa de hamptonis a coastal city that lies along the 18-mile stretch of coastline that New Hampshire claims.
This town has everything you'd expect from a seaside town, including galleries, bars, restaurants, and plenty of tourist shops.
Hampton Beach even has a casino and a venue that hosts concerts and concerts.
The beach has white sand and you can swim and wade in the water.
19. It is a great place for adventure.
There are a few things you can do in New Hampshire to satisfy your adventurous side.
There is a place where you can simulate skydiving without jumping out of a plane.
There are tours of the notoriousAnheuser Busch Brewery.
There is a gallery and a workshop for lovers of crafts.
They offer workshops on almost every type of craft you can imagine.
20. Monte Washington
monte washington, the highest peak in New Hampshire, is a landmark.
There is a railway that can take you to the top of the mountain.
The Cog Railway is the steepest railway in the United States.
The railway takes you to the top of the mountain and, weather permitting, you can see the surrounding five states, as well as Canada and the Atlantic.
21. There is no garbage in the state
The state of New Hampshire is really clean.
You will not find garbage or waste on the ground.
It really is a beautiful state, not just because of the scenery, but because its people really care about it.
It helps that there aren't many people in the state compared to other nearby states.
22. Incredible air quality
Air quality in New Hampshire is in line with what you would expect in areas of New England further away from cities.
However, they have better air quality than the rest of the East Coast.
You will have very few days with ozone warnings because the air quality is very good.
23. Friendly people
You will find that the people of New Hampshire are genuinely friendly.
They exude a small town feel.
They welcome almost anyone.
They take the time to get to know you.
People want to know more about you before contacting you.
Despite this, they welcome new people and put them at ease.
24. There are different ways to stay busy outdoors.
When it comes to scenery, New Hampshire has it all.
It has mountains, forests and some water.
The landscape allows you to experience skiing and beach activities in the same state.
Among all the activities you can experience, you will find snowmobile trails, ski resorts, and hiking.
25. Varied climate for the enjoyment of all
Depending on how you perceive the various changes in temperature, this could be a positive or a negative for you.
The average precipitation in New Hampshire is around 46 inches per year.
There is also an average of 68 inches of snow per year, which is great for snow lovers.
The highest temperature reaches 80 degrees in July and the lowest temperature is around 9 degrees in January.
25 Cons of Living in New Hampshire
1. The low unemployment rate is a challenge
While it's strange to say that low unemployment is a bad thing, it can be.
The unemployment rate in New Hampshire is around 2.4%.
It's bad for someone new in town or someone who needs a job.
There may not be job opportunities in your field unless you can start your own business and make it profitable.
There are some professions in which it can be difficult to find a job.
If you work in a profession like a social worker or police officer, you may be able to find a job, but you will find that the pay is lower in New Hampshire.
2. New Hampshire winters are brutal.
Winter in New Hampshire can last up to four months.
New Hampshire is cold and has its fair share of snow.
If you don't like any of them, then this condition is not for you.
Once New Hampshire finally warms up, it's going to get hot, muggy, and muggy.
It also means that there are a lot of mosquitoes and ticks.
Many of the houses in the north do not have air conditioning.
You need a screen on your doors and windows to keep insects out of your home.
The good thing about New Hampshire is that the sweltering humidity doesn't last long, just a few weeks.
3. Much of the state lacks diversity
New Hampshire has a truly American feel to it.
While this can give you a sense of American pride, it can create a diverse area.
They don't have many ethnicities in the state.
You may not find ethnic foods or interesting shops with unique finds.
No matter where you choose to live, everything seems to have the same feeling.
4. Although there is no sales tax, you will receive property tax
New Hampshire property taxes are higher than some of the neighboring states like New HampshireMaine.
Maybe you want to enjoy country life, but you can't afford it in New Hampshire.
Due to the lack of a sales tax, the state has to raise money somehow, and the property tax is.
New Hampshire has the second highest property tax percentage in the United States.
The difference between New Hampshire and some other states is that the potential salary is lower than in other states, which can make paying taxes more difficult.
5. You will need a car
There isn't much public transportation in New Hampshire.
They do not have trains that can be used daily.
There is a bus system in Concord and Manchester, but it doesn't go further.
You can hop on Amtrak from Boston or hop on a Greyhound bus at many stops in New England.
Otherwise, you need a vehicle.
There are some cities where you can live and work that allow you to walk everywhere.
If you find this option, you may not need a car.
6. Not a busy state at night
You can find some options in the larger cities ofPortsmouthIt's Manchester.
Other than these cities, you'll likely only find one local bar.
There aren't many unique attractions or expensive restaurants in New Hampshire.
There are plenty of farm-to-table options, as well as restaurants serving pizza, beer, and sandwiches.
7. The opioid crisis is rampant in New Hampshire
Despite the measures taken by the State to create a work team and prompt intervention,opioidsThey are common throughout the state.
There isn't much to do anymore and winter is hitting hard.
Boredom can set in quickly, and drugs and alcohol are easy ways to fill the void.
8. Boston's income tax is high.
Many people want to work in Boston but live in New Hampshire.
Commuting allows a person to work in a big city but live in a small town.
The downside to this is that you have to pay Boston income taxes.
If your salary in Boston is more than $60,000 a year, you'll pay about 10% in income tax.
Combine that with the property tax and you are paying a significant amount in taxes.
To solve this problem, many people in New England are starting a home-based business.
Teleworking allows you to earn money without worrying about personal income tax in another field.
9. Summer and fall traffic
New England is known for its natural beauty and the color of the seasons, especially from summer to fall.
This leads to a high volume of traffic in the area.
New Hampshire is also affected by traffic during this time.
The weekends between Memorial Day and Labor Day are often congested.
If you plan to move here, you'll need to adjust to traffic and change your schedule so you don't get stuck in it.
10. You may want to consider buying a house
Renting an apartment or house in New England is a bit expensive.
You might consider buying a house instead of renting it if you can.
While costs vary depending on where you live, the median rent for a two-bedroom apartment is around $1,700 a month.
You might also consider living in the northern part of the state, where rental costs will be lower.
11. Some living expenses are higher here
In general, New Hampshire is a reasonably affordable state, but there are some areas where the cost of living is higher than the national average.
The cost of living in New Hampshire is between 5 and 18 percent higher than the national average.
This is lower than the surrounding areas, but still high.
12. Internet connection and speed are causing difficulties
Many people who live in New Hampshire complain about the Internet connection.
Internet speed is slow throughout the state.
It is more problematic in the country than in the city.
You may need to take a break from the internet while you are in New Hampshire.
13. Underemployment is real here
If you are considering a move to New Hampshire, you may find yourself underemployed.
Although the unemployment rate in the state is quite low, there is also widespread underemployment.
Many people are in industries where they have not received a degree or training.
Finding another job doesn't always have to be a bad thing.
This allows people to try something different, but it also means you won't get a job in the field you went to college for.
14. The state lacks diversity
Keep in mind that New Hampshire may not be the most ethnically diverse state you'll find.
This means you won't find a wide variety of ethnic foods in restaurants or supermarkets.
You should move there with that in mind.
You may be disappointed with the lack of supermarkets in the area.
There can only be one real grocery store per city.
This limits the variety and competitive prices.
15. Purchases are limited
If you like to shop, you may be disappointed with what you can do in New Hampshire.
You won't find an actual mall there, and you may not find the stores you usually go to, especially when it comes to designer items.
In New Hampshire, stores are closing early.
If you are used to a busy area 24/7, you may find it difficult to adjust.
16. There are a lot of bugs in New Hampshire.
If you don't like spiders or ticks, New Hampshire may not be the best state for you.
You have a lot of both.
It is important to know about ticks and check your family and pets regularly.
You may want to learn about New Hampshire spiders.
Some are harmless, others are not.
If you don't disturb the harmless ones, they can kill other insects.
There are some big spiders in New Hampshire.
17. Road conditions are not always the best
It is important to remember that New Hampshire receives significant snowfall during the winter.
This means that the roads are constantly treated against snow and ice.
It also means that chemicals and snow plows are constantly damaging the roads.
You will find a lot of potholes on the roads.
You have to be careful when driving.
18. Electricity costs are high
Winter is long in New Hampshire.
This means that you are using a fair amount of electricity for most of the year.
You should be prepared to spend a lot of money heating your house, especially if you don't want to freeze in the winter.
If you plan to move to New Hampshire and spend the winter there, you will spend a lot of money to heat your home.
19. Some schools were closed
While higher education is important, not all school buildings are always compliant.
There are some public schools that have closed recently because the building has not been well maintained.
Not all schools have new books for students.
20. Interesting and ancient laws
While every state has some strange laws on the books, they are generally not followed.
Before you move to any state, you should probably find out what weird laws they have to make sure you're not unknowingly breaking the law.
One of the strangest laws you will find in New Hampshire is that it isIt is illegal to remove seaweed from the beach.
Another reason is that a hunter is not allowed to keep a ferret as a pet.
21. There are some natural disasters that happen
There are some natural disasters to expect when you live in New Hampshire.
These events may include floods, ice storms, tornadoes, hurricanes, microbursts, earthquakes, and wildfires.
There may be some other weather events that you will find in the state.
22. Falls behind in technology
It's safe to say that New Hampshire lags behind most other states when it comes to internet and phone capabilities.
Not only mobile service is questionable, but also landline service in most cases.
Much of the technological residue can be attributed to ancient architecture throughout the state.
23. You are very politically active
Strong political thoughts can be good or bad for you, depending on how you feel about politics.
New Hampshire is strongly political.
This could be in your wheelhouse and perfect for you.
However, if you don't want to get involved in politics, this might not be the best place for you.
24. Houses are hard to find
It's no secret that you can buy a house in New Hampshire much cheaper than in neighboring states.
You can also pay much less in mortgages than in rent in New Hampshire.
The real estate market in New Hampshire is incredibly tight.
There are many people looking for a house.
There are not enough houses for everyone, which makes the competition fierce.
You should expect to have to make many offers before buying your home.
25. Lack of diversity
You'll find that New Hampshire may not be the most diverse place to live.
Recent studies showNew Hampshire is said to be 94% white.
This can pose a problem for newcomers who may feel lonely or without the comforts of an integrated community.
FAQs
Is it a good idea to move to New Hampshire? ›
“New Hampshire has many natural advantages. It's a small state, which makes it easy to access ski mountains, hiking, the beach, and the lakes, all while staying within an hour from Boston. Low crime rates and no income or sales tax make it a great place to live. Plus, it simply has natural beauty in all seasons.
Why are people moving to New Hampshire? ›New Hampshire has no state income or sales taxes
It's little wonder then that New Hampshire's tax structure is a huge draw for homebuyers. It's the only state that does not impose a tax on wage or salary income. Instead, the state has a flat 5% individual tax levied only on interest and dividend income.
From the Great North Woods to the Lakes Region and Seacoast, New Hampshire provides a variety of year-round activities to enjoy like snowmobiling, boating and hiking. Portsmouth and Concord are among the best places to live in New Hampshire.
At what age do you stop paying property taxes in NH? ›Criteria. Applicant must be 65 years old before April 1 of the tax year for which the application is being made. You must have resided in New Hampshire for at least three (3) years and owned your home individually or jointly prior to April 1st of the tax year for which you are applying.
Is New Hampshire a red or blue state? ›Voters predominantly selected Republicans for national office during the 19th and 20th centuries until 1992. Since then, the state has been considered a swing state. Since 2006, control of the state legislature and New Hampshire's congressional seats have switched back and forth between Republicans and Democrats.
How much money do you need to live comfortably in New Hampshire? ›Average Cost of Living in New Hampshire: $56,727 per year
If you're considering relocating to this New England state, the cost of living could affect your monthly budget. According to MERIC data gathered in 2022, New Hampshire has the 43rd lowest cost of living in the country.
New Hampshire has historically been rated as one of the most tax-friendly states to live in, especially as a retiree. Some of the financial advantages include: No state income tax. No sales tax.
Why retire in New Hampshire? ›New Hampshire ranks among the best states for retirement due to its low taxes, low cost of living, low crime rate, and plenty of outdoor activities. The state does not have personal income taxes, meaning you won't pay income taxes on 401(k) distributions, pensions, and other retirement incomes.
Is it cheaper to live in Maine or New Hampshire? ›Although New Hampshire and Maine are similar in many ways, the housing costs are a major difference. In New Hampshire, housing costs are much higher than in Maine. Much higher.
Should I move to Maine or New Hampshire? ›In fact, Maine Ranks #1 overall for public safety among the 50 United States, with the lowest violent crime rate and the 4th lowest property crime rate. New Hampshire ranks at #2 overall, with the second-lowest violent crime rate and the second-lowest property crime rate.
Is it better 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 is the safest small town in NH? ›Atkinson, New Hampshire
1 safest place in New Hampshire. It is a town in Rockingham County with a population of 7,196 people.
Conway. The eastern town of Conway lands at the top of our list of most affordable cities in New Hampshire. Conway offers access to great New Hampshire nature scenes; enjoy boating along Conway Lake, or visit the waterfalls at Diana's Bath.
What town has the lowest taxes in NH? ›When combining all local, county, and state property taxes, these towns have the lowest property tax rates in New Hampshire (as of January 1, 2023): Windsor ($3.39) New Castle ($4.48) Moultonborough ($4.78)
Do seniors pay property taxes in NH? ›If you qualify your exemption will be:
65-74 years of age are allowed $156,000 assessed value deducted from total assessed value. 75-79 years of age are allowed $210,000 assessed value deducted from total assessed value. 80+ years of age are allowed $280,000 assessed value deducted from total assessed value.
New Hampshire Property Tax Breaks for Retirees
Property taxes can be deferred but accrue interest at the rate of 5% per year. The deferred property tax may not exceed 85% of the equity value of the residence.
Must be a New Hampshire resident for 3 consecutive years. Must be 65 on or before April 1st (or spouse) The property for which the exemption is applied must be the legal residence of applicant(s)
What political party is Hampshire? ›From 1973 Hampshire County Council has either been under no overall control or Conservative control, with the council currently having been under Conservative control since 1997. The next county council election is due in 2025.
Is New Hampshire a peaceful state? ›New Hampshire ranks second in the list of states with the lowest violent crime rates, with 65% lower rates of violent crimes reported. Murder is the least common violent crime in The Granite State, making up 1% of violent crimes.
What's the most liberal state? ›- Massachusetts. Massachusetts is the most liberal state in the U.S., with 35% of voters identifying as liberal. ...
- Maine. Maine is the second-most liberal state in the country. ...
- Vermont. ...
- Washington. ...
- New York. ...
- New Hampshire. ...
- California. ...
- Oregon.
What is the average electric bill in NH? ›
On average, New Hampshire residents spend about $298 per month on electricity. That adds up to $3,576 per year. That's 68% higher than the national average electric bill of $2,133.
Is it cheaper to live in Vermont or New Hampshire? ›Good News! The cost of living in Manchester, NH is -10.9% lower than in Burlington, VT. You would have to earn a salary of $53,449 to maintain your current standard of living. Employers in Manchester, NH typically pay 4.0% more than employeers in Burlington, VT.
What does the average person in NH pay for rent? ›The statewide median gross rent for a 2-bedroom unit in 2022 was $1,584, which reflects a 25.8% change from 2017-2022. Eighty-one percent of the rental units surveyed are in the southern tier (Hillsborough, Rockingham, Merrimack, and Strafford counties) and they have the highest median gross rents.
How do I get the $16728 Social Security bonus? ›To acquire the full amount, you need to maximize your working life and begin collecting your check until age 70. Another way to maximize your check is by asking for a raise every two or three years. Moving companies throughout your career is another way to prove your worth, and generate more money.
Can you retire on $3,000 a month? ›If you have a low living cost and can supplement your income with a part-time job or a generous pension, then retiring on $3,000 a month is certainly possible.
What is not taxed in New Hampshire? ›Overview of New Hampshire Taxes
New Hampshire has no income tax on wages and salaries. However, there is a 5% tax on interest and dividends. The state also has no sales tax. Homeowners in New Hampshire pay some of the highest average effective property tax rates in the country.
1. Florida. The poster child for states to retire in, Florida offers beautiful weather, zero income tax, and numerous outdoor offerings for relaxation and entertainment. It also has an affordable cost of living with one drawback – higher-than-average health care costs.
Is New Hampshire good for seniors? ›New Hampshire has no personal income tax, which means Social Security retirement benefits are tax-free at the state level. Income from pensions and retirement accounts also go untaxed in New Hampshire. On top of that, there is no sales tax, estate tax, or inheritance tax here.
Are cars taxed in New Hampshire? ›Does New Hampshire have a sales tax? No, there is no general sales tax on goods purchased in New Hampshire.
What is the cheapest city in New Hampshire? ›- Berlin. The northernmost city in New Hampshire, Berlin is a quaint town that sits on the edge of the White Mountains. ...
- Manchester. ...
- Nashua. ...
- Laconia. ...
- Keene. ...
- Concord.
What is the cheapest state to live in in New England? ›
What is the most affordable city in New England? Based strictly on price-to-income ratio, Torrington, Connecticut is the cheapest place to buy a home in New England. With a PTI ratio of just 2.5, residents can comfortably afford to buy a house on the local median household income of $60,662.
Who has higher property taxes Maine or New Hampshire? ›When broken down by category, the states with the highest burden for property tax were Maine (5.33%), Vermont (4.98%) and New Hampshire (4.94%), while the lowest were Alabama (1.39%), Tennessee (1.66%) and Arkansas (1.68%).
What is the best New England state to live in? ›What Is The Best New England State To Live In? New Hampshire is the best New England state to live in for its scenic beauty, access to outdoor activities, robust economy, and low overall tax burden. As a result, its diversity of different lifestyle choices is second to none in the northeast.
Are a lot of people moving to New Hampshire? ›The population gain was entirely due to migration. In all, 10,200 more people moved into New Hampshire than left between July of 2021 and July of 2022. Nearly 62 percent of this migration gain was because more people moved here from other states than left, but the state also gained from immigration.
What is the average household income in NH? ›The following data are the most current income statistics for New Hampshire from the US Census Bureau, are in 2021 inflation adjusted dollars and are from the American Community Survey 2021 5-year estimates. Median Household Income: $83,449. Average Household Income: $108,061. Per Capita Income: $43,877.
Are property taxes high in NH? ›New Hampshire is known as a low-tax state. But while the state has no personal income tax and no sales tax, it has the fourth-highest property tax rates of any U.S. state, with an average effective rate of 1.77%. Consequently, the median annual property tax payment here is $6,097.
Where is the best place to live in New Hampshire climate change? ›Climate Risks for Cities in New Hampshire
The city with the lowest overall risk is Lebanon. For heat, Lebanon has the lowest risk and Laconia has the highest risk. For precipitation, Keene has the lowest risk and Rochester has the highest risk.
The cost of living in Portsmouth, NH is 14.3% higher than in Charlotte, NC. You would have to earn a salary of $68,573 to maintain your current standard of living. Employers in Portsmouth, NH typically pay 5.5% more than employeers in Charlotte, NC.
What is the poorest town in NH? ›Of the 57 towns in the state with available data, Ashland ranks as the poorest. The typical Ashland household earns just $33,365 a year, 60.0% less than the statewide median household income. Given the low incomes, it is not surprising that a larger than average share of residents live in poverty.
Where do the rich live in New Hampshire? ›The most affluent parts of the state are in the Seacoast Region, in the outer Boston suburbs and around Dartmouth College.
What is the most common crime in New Hampshire? ›
- Larceny. Larceny is by far the most common type of property crime. ...
- Burglary. ...
- Motor vehicle theft. ...
- Aggravated assault. ...
- Robbery. ...
- Rape. ...
- Murder.
New Hampshire Housing Market Forecast 2023-2024
The state's average home value is $421,015, up 9.8% over the past year. Homes also go to pending in around 11 days, indicating a competitive market.
The postcode area for Gosport is the cheapest place to buy a property in Hampshire.
What is the healthiest town in NH? ›Nashua, NH, is the healthiest city in the state.
What are the 5 poorest cities in NH? ›- #8. Nashua. ...
- #7. Dover. ...
- #6. Rochester. ...
- #5. Lebanon. ...
- #4. Laconia. ...
- #3. Keene. ...
- #2. Manchester. - Percent of individuals living below the poverty line: 14.1% ...
- #1. Claremont. - Percent of individuals living below the poverty line: 16.4%
Counties in New Hampshire collect an average of 1.86% of a property's assesed fair market value as property tax per year.
Is New Hampshire a tax-friendly state? ›New Hampshire has historically been rated as one of the most tax-friendly states to live in, especially as a retiree. Some of the financial advantages include: No state income tax. No sales tax.
Are New Hampshire taxes high? ›How does New Hampshire's tax code compare? New Hampshire has a flat 4.00 percent individual income tax rate which is levied only on interest and dividends income. New Hampshire also has a 7.50 percent corporate income tax rate. New Hampshire does not have a state sales tax and does not levy local sales taxes.
Is it better to live in Maine or New Hampshire? ›New Hampshire is home to more major cities than Maine, including Manchester and Nashua. It's also close to Boston. So, if nightlife is your thing, New Hampshire might be the place for you. If you're looking for a quieter, more rural lifestyle, Maine might be the better choice.
Why retire in NH? ›New Hampshire ranks among the best states for retirement due to its low taxes, low cost of living, low crime rate, and plenty of outdoor activities. The state does not have personal income taxes, meaning you won't pay income taxes on 401(k) distributions, pensions, and other retirement incomes.
Do you pay taxes on Social Security in New Hampshire? ›
New Hampshire is tax-friendly toward retirees. Social Security income is not taxed. Withdrawals from retirement accounts are not taxed. Wages are taxed at normal rates, and your marginal state tax rate is 0.0%.
What town has the cheapest taxes in NH? ›When combining all local, county, and state property taxes, these towns have the lowest property tax rates in New Hampshire (as of January 1, 2023): Windsor ($3.39) New Castle ($4.48) Moultonborough ($4.78)
What town has the lowest tax rate in NH? ›- Hart's Location - 11/23/20 | $7.00 Alton - 11/14/22 | $11.37.
- Hale's Location (U) - 12/4/20 | $3.60 Wakefield - 11/14/22 | $12.25.
- New Castle - 11/18/22 | $4.50 New Durham - 12/18/20 | $16.88.
- Newington - 11/02/22 | $9.88 Milton - 11/20/20 | $22.16.
- Randolph - 11/16/20 | $15.10.
New Hampshire is known as a low-tax state. But while the state has no personal income tax and no sales tax, it has the fourth-highest property tax rates of any U.S. state, with an average effective rate of 1.77%. Consequently, the median annual property tax payment here is $6,097.