Home Affordability for New Hampshire (2026)
New Hampshire (NH) Key Facts
Median Home Price
$450,000
Median Household Income
$83,000
Affordability Index
369
Price to Income Ratio
5.4
Max Affordable Payment (28% Rule)
$1,937
How This Calculator Works in New Hampshire
This home affordability calculator estimates how much house you can afford in New Hampshire based on your income, debts, down payment, and current interest rates. It accounts for New Hampshire's property tax rate and insurance costs to give you a realistic maximum home price. Enter your financial details to see whether the median-priced home in New Hampshire is within your reach.
New Hampshire Overview
New Hampshire has a median home price of approximately $450,000 and a median household income of $83,000, yielding a price-to-income ratio of 5.4. Because New Hampshire has no state income tax, residents keep more of their gross pay, effectively stretching their housing budgets further than in income-tax states. Property taxes average 2.18%, which meaningfully impacts monthly housing costs.
How New Hampshire Compares
New Hampshire's price-to-income ratio of 5.4 is below the national average of roughly 5.5. Nearby Vermont has a median price of $380,000 and median income of $63,000, yielding a ratio of 6.0. Differences in property taxes and insurance costs between states further shift the true cost of homeownership.
| State | Top Rate | Notes |
|---|---|---|
| Vermont | $380,000 | Median home price is $380,000 with a median household income of approximately $63,000. The price-to-income ratio is 6.0. |
| Maine | $370,000 | Median home price is $370,000 with a median household income of approximately $62,000. The price-to-income ratio is 6.0. |
| Massachusetts | $570,000 | Median home price is $570,000 with a median household income of approximately $89,000. The price-to-income ratio is 6.4. |
With a median home price of $450,000 and a median household income of $83,000, New Hampshire has a price-to-income ratio of 5.4. The national average price-to-income ratio is approximately 5.5. New Hampshire is more affordable than the national average.
Tips for New Hampshire Residents
- 1The median household income in New Hampshire is $83,000. Under the 28% rule, this supports a maximum monthly housing payment of about $1,937, including principal, interest, taxes, and insurance.
- 2New Hampshire's price-to-income ratio of 5.4 means the typical home costs 5.4 times the annual median income. This is moderate compared to the national average of roughly 5.5.
- 3Because New Hampshire has no state income tax, residents keep more of their gross pay, effectively stretching their housing budgets further than in income-tax states.
- 4Property taxes in New Hampshire average 2.18%, which adds $818 per month to your housing cost on the median home. Don't overlook this when calculating affordability.
- 5Look into New Hampshire's first-time homebuyer assistance programs, which may include down payment grants, low-interest second mortgages, or mortgage credit certificates (MCCs) that provide a federal tax credit on mortgage interest.