Cost of Living in Hillsborough County, New Hampshire
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Hillsborough County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hillsborough County ranks #3,012 of 3,142 counties for affordability (bottom 4%)
Sourced county brief
Hillsborough County Median Monthly Owner Costs Reach 1,977 Dollars
Median selected monthly owner costs for all owner-occupied units in Hillsborough County are $1,977, which is $401 above the New Hampshire unweighted county mean of $1,576. The median gross rent for the county is $1,623, higher than the state unweighted county mean of $1,318. The official rent to income percentage, identified as the American Community Survey (ACS) B25071 gross rent as a percentage of household income (GRAPI), is 29.4%. This is 0.3 percentage points higher than the state unweighted county mean official GRAPI of 29.1%. The median home value is $421,100, while the state unweighted county mean is $349,500. Median renter-household income is $63,918, and the median income for all households is $103,545. These statistics represent findings from the 2020-2024 ACS 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Hillsborough County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.4% of renter household income in Hillsborough County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,623 per month; median selected monthly owner costs are $1,977. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $64,920 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The New Hampshire unweighted mean of county median rents is $1,318 per month. Hillsborough County's $1,623 median is 23.1% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hillsborough County
Rent Burden
18.8%
of gross income
Max Housing (28% Rule)
$2,416
per month
Owner Cost Burden
22.9%
of gross income
The median home in Hillsborough County may be a stretch
Median home value is $421,100. Estimated monthly cost: $3,362 vs. your max of $2,416.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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