These Are The 10 Richest Cities In New Hampshire For 2018

We analyzed over 24 places in New Hampshire to determine where the 1% live.

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South Hooksett, Londonderry, Portsmouth: These cities aren’t just some of the best places to live in New Hampshire. They are also home to some of the richest people in the Granite State.

South Hooksett in particular houses the richest residents in the state thanks, in part, to a median household income of $89,599 and a ridiculously low poverty rate of 3.8%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in New Hampshire share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 25 places in New Hampshire with more than 5,000 people.

At the end of the day, here’s the set of the 10 richest places in New Hampshire for 2018:

  1. South Hooksett (Photos | Homes)
  2. Londonderry (Photos | Homes)
  3. Portsmouth (Photos | Homes)
  4. Hampton (Photos | Homes)
  5. Exeter (Photos | Homes)
  6. Milford (Homes)
  7. Hanover (Photos | Homes)
  8. Dover (Photos | Homes)
  9. Nashua (Photos | Homes)
  10. Pinardville (Photos | Homes)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in New Hampshire.

Rich people not your cup of tea? Feel free to check out the best places to live in New Hampshire or the poorest.

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How We Determined The Richest Places In New Hampshire For 2018

The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 25 places with more than 5,000 people in New Hampshire, we ranked each place from 1 to 25 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, South Hooksett, crowned the ‘Richest Place In New Hampshire For 2018’.

You can learn more about the top ten below or skip to the end to see the rankings for all 25 places.

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1. South Hooksett

South Hooksett, New Hampshire

Population: 5,958
Median Income: $89,599
Unemployment Rate: 4.2%
Poverty Rate: 3.8%
More on South Hooksett: Real Estate | Data

2. Londonderry

Londonderry, New Hampshire

Population: 11,049
Median Income: $85,893
Unemployment Rate: 4.6%
Poverty Rate: 3.5%
More on Londonderry: Real Estate | Data
Londonderry is a town in western Rockingham County, New Hampshire, United States. The town is bordered on the north by the city of Manchester and on the east by the town of Derry. The population was 24,129 at the 2010 census. Londonderry is known for its apple orchards and is home to the headquarters of Stonyfield Farm and partial home to Manchester-Boston Regional Airport.

3. Portsmouth

Portsmouth, New Hampshire

Source: Public domain

Population: 21,458
Median Income: $69,664
Unemployment Rate: 3.3%
Poverty Rate: 6.1%
More on Portsmouth: Real Estate | Data
Portsmouth is a city in Rockingham County, New Hampshire, in the United States. It is the only city in the county, but only the fourth-largest community, with a population of 21,233 at the 2010 census. As of 2016 the estimated population was 21,485. A historic seaport and popular summer tourist destination, Portsmouth was the home of the Strategic Air Command’s Pease Air Force Base, later converted to Portsmouth International Airport at Pease with limited commercial air service.

4. Hampton

Hampton, New Hampshire

Population: 9,542
Median Income: $84,312
Unemployment Rate: 4.8%
Poverty Rate: 4.4%
More on Hampton: Real Estate | Data
Hampton is a town in Rockingham County, New Hampshire, United States. The population was 14,976 at the 2010 census. Located beside the Atlantic Ocean, Hampton is home to Hampton Beach, a summer tourist destination.

5. Exeter

Exeter, New Hampshire

Population: 9,022
Median Income: $66,964
Unemployment Rate: 4.7%
Poverty Rate: 8.4%
More on Exeter: Real Estate | Data
Exeter is a town in Rockingham County, New Hampshire, United States. The town’s population was 14,306 at the 2010 census. Exeter was the county seat until 1997, when county offices were moved to neighboring Brentwood. Home to the Phillips Exeter Academy, a private university-preparatory school, Exeter is situated where the Exeter River feeds the tidal Squamscott River.

6. Milford

Milford, New Hampshire

Population: 9,136
Median Income: $57,134
Unemployment Rate: 3.9%
Poverty Rate: 3.6%
More on Milford: Real Estate | Data
Milford is a town in Hillsborough County, New Hampshire, United States, on the Souhegan River. The population was 15,115 at the 2010 census. It is the retail and manufacturing center of a six-town area known informally as the Souhegan Valley.

7. Hanover

Hanover, New Hampshire

Source: Public domain

Population: 8,482
Median Income: $96,406
Unemployment Rate: 2.6%
Poverty Rate: 17.9%
More on Hanover: Real Estate | Data
Hanover is a town along the Connecticut River in Grafton County, New Hampshire, United States. The population was 11,260 at the 2010 census. CNN and Money magazine rated Hanover the sixth best place to live in America in 2011, and the second best in 2007. ‘This just might be the best college town,’ read the headline of a story in the January-February 2017 issue of Yankee.

8. Dover

Dover, New Hampshire

Population: 30,750
Median Income: $63,096
Unemployment Rate: 5.7%
Poverty Rate: 10.1%
More on Dover: Real Estate | Data
Dover is a city in Strafford County, New Hampshire, United States. The population was 29,987 at the 2010 census, the largest in the New Hampshire Seacoast region. The population was estimated at 31,153 in 2016. It is the county seat of Strafford County, and home to Wentworth-Douglass Hospital, the Woodman Institute Museum, and the Children’s Museum of New Hampshire.

9. Nashua

Nashua, New Hampshire

Population: 87,279
Median Income: $68,944
Unemployment Rate: 6.0%
Poverty Rate: 11.0%
More on Nashua: Real Estate | Data
Nashua is a city in Hillsborough County, New Hampshire, United States. As of the 2010 census, Nashua had a total population of 86,494, making it the second-largest city in the state (and in the three northern New England states) after Manchester. As of 2016 the population had risen to an estimated 87,882.

10. Pinardville

Pinardville, New Hampshire

Population: 5,110
Median Income: $59,440
Unemployment Rate: 4.9%
Poverty Rate: 12.8%
More on Pinardville: Real Estate | Data
Pinardville is a census-designated place (CDP) in the town of Goffstown in Hillsborough County, New Hampshire, United States. The population was 4,780 at the 2010 census. Pinardville has existed since 1906.

There You Have It – The Wealthiest Places In New Hampshire For 2018

Like we said earlier, when we set out to identify the richest places in New Hampshire, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in New Hampshire.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in New Hampshire, according to data:

Poorest: Berlin
2nd Poorest: Franklin
3rd Poorest: Laconia

For more New Hampshire reading , check out:

  • 10 Best Places To Raise A Family In New Hampshire
  • 10 Most Diverse Cities In New Hampshire
  • 10 Cheapest Places To Live In New Hampshire
  • Detailed List Of The Richest Cities In New Hampshire

    City Rank Median Income
    South Hooksett 1 $89,599
    Londonderry 2 $85,893
    Portsmouth 3 $69,664
    Hampton 4 $84,312
    Exeter 5 $66,964
    Milford 6 $57,134
    Hanover 7 $96,406
    Dover 8 $63,096
    Nashua 9 $68,944
    Pinardville 10 $59,440
    Concord 11 $57,566
    Lebanon 12 $56,448
    Derry 13 $60,985
    Hudson 14 $64,971
    Somersworth 15 $60,943
    Newmarket 16 $57,229
    Suncook 17 $61,288
    Rochester 18 $50,759
    Keene 19 $53,499
    Claremont 20 $47,555
    Manchester 21 $54,899
    Durham 22 $48,804
    Laconia 23 $48,893
    Franklin 24 $44,490
    Berlin 25 $38,863

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    One thought on “These Are The 10 Richest Cities In New Hampshire For 2018

    1. There is no such thing as South Hooksett, only Hooksett with a population of around 14,000 versus the 5,000 shown in the article. Further, Bedford without a doubt is by far the richest city in the state, with many of the seacoast cities right behind. What kind of list is this?

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