Counties › New Hampshire

Cost of Living in Merrimack County, NH

Population 155,967 · Census ACS 2020–2024 5-year estimates

Median rent$1,360
Median home value$367,600
Median household income$97,004

The median rent in Merrimack County, NH is $1,360/month, 9% lower than the New Hampshire median and 4% lower than the U.S. median. The median home value is $367,600, 10% higher than the national median. Households earn a median of $97,004 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 16.8%
Income needed for median rent (30% rule): $54,400/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,859/mo

Run your own numbers: mortgage calculator · hourly to salary

Merrimack County vs. New Hampshire vs. U.S.

Merrimack CountyNew HampshireU.S.
Median rent$1,360$1,491$1,413
Median home value$367,600$402,500$332,700
Median household income$97,004$99,031$80,734
Homeownership rate73.5%72.8%65.2%
Bachelor's degree or higher38.9%40.6%35.7%
Poverty rate7.6%7.2%12.5%
Unemployment rate3.1%3.3%5.2%
Work from home14.4%16.8%15.1%
Median age42.943.338.9

FAQ

What is the average rent in Merrimack County, NH?

The median gross rent in Merrimack County, NH is $1,360 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Merrimack County, NH?

Using the common 30% rule, renting a median-priced home takes about $54,400 a year in gross income.

Is Merrimack County, NH expensive to live in?

Rent there is 4% lower than the U.S. median, and the median home costs about 3.8 times the median household income.

Other counties in New Hampshire

Hillsborough County, NHRent $1,623 · Income $103,545Rockingham County, NHRent $1,687 · Income $118,331Strafford County, NHRent $1,488 · Income $88,570Grafton County, NHRent $1,301 · Income $88,261Cheshire County, NHRent $1,276 · Income $83,329Belknap County, NHRent $1,167 · Income $92,783

Counties with a similar cost of living

Isle of Wight County, VARent $1,359 · Income $95,241Oakland County, MIRent $1,376 · Income $97,760Olmsted County, MNRent $1,370 · Income $95,406Platte County, MORent $1,334 · Income $96,227Boone County, KYRent $1,373 · Income $99,414Shelby County, ALRent $1,401 · Income $97,961

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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