Economy, jobs and prices in New Hampshire, United States: official figures
The economy of New Hampshire (gross domestic product) was worth $128.3 billion in 2025 at current prices, 0.4% of the US total of $30.86 trillion; 12th smallest of 51. In current dollars it was up 4.7% on 2024.
How fast is the economy of New Hampshire growing?
After adjusting for inflation, real GDP in New Hampshire grew 1.7% in 2025, against 2.3% for the United States; 19th slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of New Hampshire?
Dividing 2025 GDP by the Census Bureau's population estimate gives $90,634 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 16th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of New Hampshire growing or shrinking?
In the second quarter of 2026, real GDP in New Hampshire grew at an annual rate of 2.0% (United States: 2.2%); tied for 22nd fastest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in New Hampshire?
In 2025 the largest private industry in New Hampshire's economy was real estate, rental and leasing (14.0% of GDP), followed by finance and insurance (9.4%) and manufacturing (9.4%). Government accounted for 9.0%; the manufacturing share was 23rd highest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in New Hampshire spend?
Consumer spending (personal consumption expenditures) in New Hampshire came to $72,282 per person in 2025 (United States: $61,062); 3rd highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs New Hampshire expensive to live in?
Prices in New Hampshire were 4.2% above the national average in 2024, by BEA's regional price parity of 104.2 (US = 100), which covers goods, services and housing; 9th most expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in New Hampshire?
Prices in New Hampshire rose 1.4% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in New Hampshire?
Personal income per person in New Hampshire was $88,145 in 2025, against $77,028 for the United States; 9th highest of 51. It was up 4.6% on 2024 and up 30.7% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in New Hampshire?
After taxes, disposable personal income per person was $77,639 in 2025 (United States: $67,251); 6th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in New Hampshire?
Adjusted for local price levels, real personal income per person in New Hampshire was $64,632 in 2024 in 2017 dollars (United States: $59,195); 9th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in New Hampshire?
Median household income in New Hampshire was $99,782 in 2024 (margin of error ±$2,489), against $81,604 for the United States; 7th highest of 51 by the point estimate. It was not statistically different from 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in New Hampshire?
The Gini index of household income inequality in New Hampshire was 0.448 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); tied for 8th least unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in New Hampshire?
The unemployment rate in New Hampshire was 2.6% in September 2026 (seasonally adjusted, preliminary), down from 3.2% a year earlier; tied for 3rd lowest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in New Hampshire?
In September 2026, 20,184 people in New Hampshire were unemployed and 753,694 employed, out of a labor force of 773,878.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in New Hampshire in 2025?
Over 2025 the unemployment rate in New Hampshire averaged 3.2% (an 11-month average: October 2025 was not collected during the federal shutdown), against 2.6% in 2024; tied for 7th lowest of 51. The lowest annual rate since 1976 was 2.2% in 1987.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in New Hampshire?
Workers covered by unemployment insurance in New Hampshire were paid $80,892 on average in 2025 ($1,556 a week), up 4.5% on 2024; the US average was $78,720. That is 10th highest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in New Hampshire?
Employers in New Hampshire had an average of 689,026 jobs on their payrolls in 2025 across 66,888 establishments, up 0.2% on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in New Hampshire?
The median annual wage across all occupations in New Hampshire was $55,880 in May 2025 (mean $71,360); 16th highest of 51. One in ten workers earned less than $33,030 and one in ten more than $126,930.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in New Hampshire?
The most common occupation in New Hampshire in May 2025 was retail salespersons, with 23,880 workers and a median annual wage of $36,200.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in New Hampshire?
Median household income in New Hampshire was $100,364 in 2024, 6th highest among the 50 states and DC (U.S.: $81,604). In 2019 it was $78,571, so it has risen 27.7% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in New Hampshire?
The median gross rent in New Hampshire, including utilities, was $1,558 a month in 2024, up 2.7% on 2023 ($1,517); 16th highest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in New Hampshire?
Homeowners in New Hampshire valued their homes at a median of $458,800 in 2024, up 10.4% on 2023 ($415,400); 10th highest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in New Hampshire?
The median home value in New Hampshire was 4.6 times the median household income in 2024 ($458,800 against $100,364); 18th highest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in New Hampshire?
A household on the median income in New Hampshire would spend 18.6% of its income on the median rent of $1,558 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow New Hampshire compares with other states
Gross domestic product, 2025 (current dollars) (2025)
New Hampshire ranks 40 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 37 | Mississippi | $162.8 billion |
| 38 | New Mexico | $152.1 billion |
| 39 | Idaho | $137.4 billion |
| 40 | New Hampshire | $128.3 billion |
| 41 | Hawaii | $123.2 billion |
| 42 | Delaware | $121.9 billion |
| 43 | West Virginia | $111.3 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
New Hampshire ranks 16 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 13 | New Jersey | $92,980 |
| 14 | Texas | $92,474 |
| 15 | Virginia | $90,981 |
| 16 | New Hampshire | $90,634 |
| 17 | Maryland | $90,501 |
| 18 | Utah | $90,191 |
| 19 | Wyoming | $89,157 |
Real GDP growth, 2025 (2025)
New Hampshire ranks 33 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 30 | North Carolina | 1.8% |
| 31 | New Mexico | 1.8% |
| 32 | South Dakota | 1.8% |
| 33 | New Hampshire | 1.7% |
| 34 | Louisiana | 1.5% |
| 35 | Hawaii | 1.5% |
| 36 | Arizona | 1.5% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
New Hampshire ranks 23 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 20 | Illinois | 2.1% |
| 21 | Mississippi | 2.1% |
| 22 | Ohio | 2.0% |
| 23 | New Hampshire | 2.0% |
| 24 | Missouri | 1.9% |
| 25 | New Jersey | 1.7% |
| 26 | Tennessee | 1.7% |
Personal income per person, 2025 (2025)
New Hampshire ranks 9 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 6 | California | $90,957 |
| 7 | New Jersey | $89,720 |
| 8 | Washington | $88,944 |
| 9 | New Hampshire | $88,145 |
| 10 | Colorado | $86,342 |
| 11 | Maryland | $82,387 |
| 12 | Virginia | $80,903 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
New Hampshire ranks 9 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 6 | Nebraska | $65,297 |
| 7 | North Dakota | $65,271 |
| 8 | Colorado | $65,223 |
| 9 | New Hampshire | $64,632 |
| 10 | Washington | $64,421 |
| 11 | New York | $64,153 |
| 12 | New Jersey | $63,142 |
Median household income, 2024 (ACS) (2024)
New Hampshire ranks 7 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 4 | Maryland | $102,905 |
| 5 | Hawaii | $100,745 |
| 6 | California | $100,149 |
| 7 | New Hampshire | $99,782 |
| 8 | Washington | $99,389 |
| 9 | Colorado | $97,113 |
| 10 | Utah | $96,658 |
Regional price parity, 2024 (US = 100) (2024)
New Hampshire ranks 9 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 6 | Washington | 107.0 |
| 7 | Massachusetts | 105.8 |
| 8 | Maryland | 105.0 |
| 9 | New Hampshire | 104.2 |
| 10 | Connecticut | 103.6 |
| 11 | Florida | 103.4 |
| 12 | Oregon | 103.4 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
New Hampshire ranks 48 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 45 | Wyoming | 3.0% |
| 46 | Nebraska | 2.9% |
| 47 | Hawaii | 2.8% |
| 48 | New Hampshire | 2.6% |
| 49 | Vermont | 2.6% |
| 50 | North Dakota | 2.2% |
| 51 | South Dakota | 2.0% |
Unemployment rate, 2025 annual average (2025)
New Hampshire ranks 45 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 42 | Wyoming | 3.4% |
| 43 | Montana | 3.3% |
| 44 | Wisconsin | 3.2% |
| 45 | New Hampshire | 3.2% |
| 46 | Nebraska | 3.0% |
| 47 | Alabama | 2.9% |
| 48 | Vermont | 2.7% |
Labor force participation rate, September 2026 (September 2026)
New Hampshire ranks 13 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 10 | Alaska | 65.3% |
| 11 | Colorado | 65.2% |
| 12 | Wisconsin | 64.9% |
| 13 | New Hampshire | 64.8% |
| 14 | Texas | 64.2% |
| 15 | New Jersey | 63.7% |
| 16 | Maryland | 63.7% |
Average annual pay, 2025 (QCEW) (2025)
New Hampshire ranks 10 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 7 | New Jersey | $86,247 |
| 8 | Colorado | $84,153 |
| 9 | Maryland | $81,539 |
| 10 | New Hampshire | $80,892 |
| 11 | Virginia | $80,093 |
| 12 | Illinois | $80,038 |
| 13 | Texas | $77,964 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
New Hampshire ranks 16 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 13 | Rhode Island | $56,780 |
| 14 | Vermont | $56,390 |
| 15 | Hawaii | $56,320 |
| 16 | New Hampshire | $55,880 |
| 17 | Virginia | $55,690 |
| 18 | North Dakota | $52,480 |
| 19 | Delaware | $52,190 |
Median household income (2024)
New Hampshire ranks 6 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 3 | New Jersey | $104,202 |
| 4 | Maryland | $102,835 |
| 5 | Hawaii | $101,581 |
| 6 | New Hampshire | $100,364 |
| 7 | California | $100,130 |
| 8 | Washington | $99,309 |
| 9 | Colorado | $96,871 |
Median gross rent (monthly) (2024)
New Hampshire ranks 16 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 13 | New York | $1,634 |
| 14 | Oregon | $1,597 |
| 15 | Utah | $1,593 |
| 16 | New Hampshire | $1,558 |
| 17 | Connecticut | $1,550 |
| 18 | Delaware | $1,530 |
| 19 | Georgia | $1,506 |
Median value of owner-occupied homes (2024)
New Hampshire ranks 10 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 7 | Utah | $545,200 |
| 8 | Oregon | $497,500 |
| 9 | New Jersey | $496,000 |
| 10 | New Hampshire | $458,800 |
| 11 | Rhode Island | $455,700 |
| 12 | Nevada | $455,500 |
| 13 | New York | $449,800 |
More on New Hampshire: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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