Cost of Living in Carroll County, New Hampshire

$1,179/mo
Median Monthly Rent
$348,900
Median Home Value

At a Glance

Median Monthly Rent
$1,179/mo
7% below state average
Median Home Value
$348,900
24% above national
Rent-to-Income Ratio
24.0%
% 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 Carroll County Compares

Median monthly rent comparison

Carroll County$1,179/mo
New Hampshire Average$1,273/mo
National Median$1,163/mo

Detailed Housing Stats

$1,179/mo
Median Gross Rent
$348,900
Median Home Value
$1,278/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Carroll County ranks #1,702 of 3,144 counties for affordability (bottom 46%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Carroll County, New Hampshire

Carroll stays affordable against national trends

Carroll County's rent-to-income ratio of 17.1% matches the national affordability benchmark and beats New Hampshire's 17.7% state average. The median household income of $82,961 is 11% above the national median, giving residents more flexibility than typical American renters.

Carroll ranks middle of the pack statewide

Carroll County's 17.1% rent-to-income ratio places it slightly better than the state average of 17.7%, though it trails the most affordable counties like Coos and Belknap. Among New Hampshire's eight counties, Carroll offers solid but unremarkable affordability.

Similar rents, lower incomes than Belknap

Carroll's median rent of $1,179/month nearly matches Belknap County's $1,184, but Carroll residents earn about $5,000 less annually. Both counties offer comparable value to renters, though Belknap's higher incomes provide slightly better long-term financial stability.

Balanced housing costs across tenures

Renters pay $1,179/month while homeowners spend $1,278/month—the smallest gap among most New Hampshire counties. At median income of $82,961, housing takes up roughly 17% of household earnings, leaving comfortable margin for savings and other needs.

Carroll works for budget-aware relocators

Carroll County offers steady affordability without premium pricing, making it ideal for renters and first-time homebuyers in New Hampshire. Consider comparing it with Belknap (slightly better income) or Coos (significantly lower housing costs) depending on your income and lifestyle priorities.

Cost of Living Advisory: Carroll County

Affordability Verdict

Housing in Carroll County is affordable. The median rent is $1,179/month against a median household income of $82,961, putting rent at 17.1% of income.

Rent vs. Own

At $1,179/month rent versus $1,278/month in owner costs, renting is roughly $99/month cheaper — a 8% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $47,160/year. For owner costs at the 28% rule, the required income is roughly $54,771/year. With a median household income of $82,961, most households can comfortably afford rent here. Notably, 24.0% of renter households in Carroll County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within New Hampshire, Carroll County is less affordable than Grafton County by roughly 9% ($1,179/mo vs $1,292/mo).

Affordability Calculator

See how your income compares to housing costs in Carroll County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,936

per month

Owner Cost Burden

18.5%

of gross income

The median home in Carroll County may be a stretch

Median home value is $348,900. Estimated monthly cost: $2,785 vs. your max of $1,936.

Rent Affordability Guide

Your rent-to-income ratio17.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,961Needed: $47,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,961Needed: $54,771
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,961Needed: $81,199

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Carroll County, New Hampshire?
Carroll County, New Hampshire has a median monthly rent of $1,179/mo and a median home value of $348,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Carroll County?
The median gross rent in Carroll County is $1,179/mo. This is 7% below state average for New Hampshire.
Is Carroll County affordable?
Carroll County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Carroll County's rent compare to the state average?
Carroll County's median rent of $1,179/mo is 7% below state average of $1,273/mo for New Hampshire.
What is the median home value in Carroll County?
The median home value in Carroll County, New Hampshire is $348,900. This is 24% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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