NH Division of Economic Development
YouTube Facebook Twitter Twitter
Why New Hampshire Move Start Grow About Us

Posts Tagged ‘New Hampshire’

NH Median Household Income Tops in the U.S.

Thursday, October 1st, 2009

Here’s some great news for the Granite State courtesy of Laura Chamberlain from the New Hampshire Business Review:

“New Hampshire has the highest average three-year median household income of all states in the country, according to data from the U.S. Census Bureau.

nh_state_seal_33580923_stdThe state also leads the country with a 5.7 percent increase in income between 2005 and 2008, the bureau reported.

According to a Census Bureau report released Sept. 10, the real median household income for the entire United States fell by 0.1 percent in the same period. The national median was $51,233 in 2008, down from $51,283 in 2005.

In New Hampshire, the median household income from 2006 to 2008 averaged $67,508. In 2008, according to the Census Bureau, the median household income in New Hampshire was $68,175.

New Hampshire’s poverty rate, however, like that of the nation’s, rose between 2007 and 2008 to 7 percent. While it was a significant increase in the poverty rate, it wasn’t  nearly as high as the nation’s average, estimated at 13.2 percent. New Hampshire’s poverty rate also was lower than any of its fellow New England states.

The Census Bureau said that the national increase in the poverty rate was the first statistically significant annual increase since 2004.”

New Hampshire’s In the Money….Magazine That Is

Friday, August 21st, 2009

Money Magazine has come out with its list of “Best Places to Live” and New Hampshire is well represented with four cities and towns in the top 100.

cnnmoney_logo2_0Here’s a snippet of the narrative the magazine put together on each of the New Hampshire cities and towns listed:

Merrimack (#43) – “Not only is Merrimack close to the state’s largest cities, Manchester and Nashua, but it’s only an hour away from the ocean and the White Mountains.

The town attracts people for its shopping along Route 3 and recreation on conservation land along a lake.

Hanover (#50) –  Best known as the home of Dartmouth College, Hanover is two hours from the nearest big city. But there’s plenty to keep residents employed and entertained right here. Nearby engineering and tech firms, plus health-care employers and the college, have kept the jobless rate low.

There are plenty of cultural opportunities in town as well, including Dartmouth’s Hopkins Center for the Arts.

Hooksett (#66)It’s a tradition for presidential candidates to visit Robie’s during the New Hampshire primaries. The rustic country store in Hookset is emblematic of the town, which retains a rural character.

Fields and farms are gone, but the Merrimack River is popular for rowing and fishing.

Concord (#95) -Visitors to Concord may appreciate its array of historical landmarks and the domed New Hampshire State House. But the favorite establishment among locals is an Austrian bakery, Bread and Chocolate, that’s been around for generations.

While many families are well-established, residents say that the town is friendly to new residents. Homes range from large rural properties to smaller ones with median prices under $200,000.

Congrats to all of our friends in Merrimack, Hanover, Hooksett and Concord!

– Steve Boucher, Communications & Legislative Director

Our Border is Open for Business

Monday, June 8th, 2009

Let me take this opportunity to invite our neighbors to the south to swing by any of our local retail establishments and experience the cost savings that they can’t realize in their home state.

457927831wjadkx_phJust as neighbors have traditionally invited guests over to share a cup of coffee, I’m inviting Bay State residents to purchase a big screen tv, washer, ATV, kitchen set,  jacuzzi……whatever. Our kind retailers will be happy to meet you at the door with open arms and a great deal for whatever item you’re looking for. Best of all, you won’t notice a hand reaching for your wallet or purse – if the news hasn’t reached your neck of the woods yet, New Hampshire offers NO SALES TAX.

So feel free to rent a U-Haul, hire some muscle and pack up the truck with your new “sales tax free” belongings. New Hampshire is a state that is consistently dedicated to helping you keep more of your money rather than trying to devise devious ways to part you from it.

To learn more about how your Bay State neighbors are benefitting by purchasing goods in New Hampshire, check out Mike McCord’s excellent Seacoast Online piece at http://www.seacoastonline.com/articles/20090607-NEWS-906070340. And if you really want to make a bold move that could save you major dollars, explore the concept of expanding or relocating a business to the Granite State – to learn more, visit www.nhopeninvitation.com.

In parting, howdy neighbor and SHOP NEW HAMPSHIRE!

– Steve Boucher, Communications & Legislative Director