Cost of Living in Belknap County, New Hampshire

$1,184/mo
Median Monthly Rent
$340,000
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,184/mo
7% below state average
Median Home Value
$340,000
21% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Belknap County Compares

Median monthly rent comparison

Belknap County$1,184/mo
New Hampshire Average$1,273/mo
National Median$1,163/mo

Detailed Housing Stats

$1,184/mo
Median Gross Rent
$340,000
Median Home Value
$1,524/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Belknap County, New Hampshire

Belknap's affordability beats the nation

Renters in Belknap County spend 16.1% of their income on housing, well below the national average of 20% and better than New Hampshire's 17.7% state rate. With a median household income of $87,983—17% above the national median—residents here have more breathing room in their budgets than most Americans.

Second-most affordable in New Hampshire

Belknap County ranks among the state's most affordable counties, with only Coos County offering lower rent-to-income ratios. At 16.1%, Belknap's ratio outperforms the state average by 1.6 percentage points, making it an attractive option for renters seeking stability.

Competitive with Carroll County neighbors

Belknap and Carroll County share similar rents around $1,180/month, but Belknap residents earn $5,000 more annually, improving their overall affordability picture. Grafton County to the north commands higher rents ($1,292/month) while offering comparable incomes, making Belknap the better rental value.

Rent and mortgage costs compared

Renters spend $1,184/month while homeowners pay $1,524/month for mortgages—a $340 difference. With median income at $87,983, housing consumes roughly 16% of household earnings, leaving most families with substantial income for other expenses.

Consider Belknap for balanced living

If you're comparing New Hampshire counties, Belknap offers solid income levels and reasonable housing costs that work well for renters and modest homebuyers. The county's affordability advantage disappears at higher price points—Carroll and Grafton offer better value for budget-conscious relocators.

Affordability Calculator

See how your income compares to housing costs in Belknap County

$

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$2,053

per month

Owner Cost Burden

20.8%

of gross income

The median home in Belknap County may be a stretch

Median home value is $340,000. Estimated monthly cost: $2,714 vs. your max of $2,053.

Rent Affordability Guide

Your rent-to-income ratio16.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Belknap County, New Hampshire?
Belknap County, New Hampshire has a median monthly rent of $1,184/mo and a median home value of $340,000. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Belknap County?
The median gross rent in Belknap County is $1,184/mo. This is 7% below state average for New Hampshire.
Is Belknap County affordable?
Belknap County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Belknap County's rent compare to the state average?
Belknap County's median rent of $1,184/mo is 7% below state average of $1,273/mo for New Hampshire.
What is the median home value in Belknap County?
The median home value in Belknap County, New Hampshire is $340,000. This is 21% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.