Income Needed to Buy a Home in New Hampshire (2026)
Verdict: unaffordable — requires $150,387/year (#14 least affordable of 51 US states)
New Hampshire ranks #14 of 51 US states for housing unaffordability in 2026. Buying the median home at $507,347 requires a household income of about $150,387. That's $50,605 more than the median household actually earns ($99,782) — a shortfall of 51% of typical income.
New Hampshire's affordability ratio of 1.51 (required income ÷ actual median income) is 18.0% worse than the median across all 51 US states (1.28). Home prices here sit 46.3% above the cross-state median of $346,668.
An effective property tax rate of 1.41% adds $596 per month, while homeowners insurance runs about $1,039/year. All-in, the monthly PITI (principal, interest, taxes, insurance) comes to $3,509. New Hampshire has no state income tax, which effectively boosts take-home pay relative to the sticker income requirement.
New Hampshire monthly cost breakdown (2026)
| Median home price | $507,347 |
| Loan amount (10% down) | $456,613 |
| Monthly principal & interest | $2,826 |
| Monthly property tax (1.41% rate) | $596 |
| Monthly homeowners insurance | $87 |
| Total monthly PITI | $3,509 |
| Required household income | $150,387 |
| Median household income | $99,782 |
Run your own numbers
These figures model the median buyer. Your rate, down payment, and debts change the answer — check your personal maximum with the Home Affordability Analyzer or build a full payment schedule in the Advanced Mortgage Calculator. Closing costs typically add 2–5% on top — estimate them with the Closing Costs Estimator.
How New Hampshire compares
- Maine — similar affordability (ratio 1.51, requires $115,341)
- Utah — similar affordability (ratio 1.47, requires $142,010)
- Florida — similar affordability (ratio 1.55, requires $120,466)
- West Virginia — among the most affordable US states (requires $48,369)
- Iowa — among the most affordable US states (requires $74,199)
See every state and province ranked in the 2026 Mortgage Affordability Index.
Frequently asked questions
How much income do you need to buy a house in New Hampshire in 2026?
About $150,387 per year to afford the median-priced home of $507,347, assuming a 10% down payment and standard 28% housing-cost-to-income guideline. The median New Hampshire household earns $99,782.
What is the monthly cost of owning a median home in New Hampshire?
Roughly $3,509 per month, including principal and interest, property tax, and homeowners insurance.
Is New Hampshire affordable at the median income?
No. The required income exceeds the median household income by $50,605 (51%), ranking New Hampshire #14 least affordable of 51 US states.
Methodology & sources
Assumes 10% down, 30-year fixed at prevailing 2026 rates, 28% housing-cost-to-income guideline. Home prices from Zillow ZHVI (March 2026); incomes from Census ACS 1-Year 2024; property taxes from Tax Foundation; insurance from Bankrate state averages. Figures model the median scenario and are not financial advice. Full sources on the affordability index.