The typical owner-occupied home in Peterborough is worth about $379,300, 6% below the New Hampshire median of $402,500 and 14% above the national median of $332,700. Owners pay a median $7,422 a year in property taxes, about 1.96% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $85,833 a year, so the median home costs 4.4 times the median income (4.1 times for New Hampshire). 57% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Peterborough at a glance
| Peterborough | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $379,300 | $402,500 | $332,700 |
| Median property tax paid per year | $7,422 | $6,667 | $3,119 |
| Property tax as a share of value | 1.96% | 1.66% | 0.94% |
| Median household income | $85,833 | $99,031 | $80,734 |
| Homes lived in by their owners | 57% | 73% | 65% |
| Owner homes with a mortgage | 54% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,360 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 21.9% | 21.0% |
| Median rent | $1,515 | $1,491 | $1,413 |
| Rent as a share of renters' income | 26.4% | 29.4% | 30.6% |
| Median year homes were built | 1954 | 1979 | 1980 |
| Vacant homes | 13.6% | 14.3% | 10.1% |
| Population | 2,539 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Peterborough
At this week's average 30-year rate of 7.11%, buying the median Peterborough home of $379,300 with 20% down costs about $2,819 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,451, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $120,807 for the 20%-down payment. That payment is 39% of the median Peterborough household income of $85,833; at that income and 20% down, the 28% guideline points to a home of about $269,000.
The median rent here is $1,515 a month, so owning the median home costs about $1,304 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $75,860 |
|---|---|
| Loan amount | $303,440 |
| Principal and interest | $2,041 |
| Property taxes (1.96% a year) | $620 |
| Homeowners insurance (our estimate, 0.5% a year) | $158 |
| PMI | $0 |
| Total per month | $2,819 |
Change the numbers in the calculator
| Down payment | $13,276 |
|---|---|
| Loan amount | $372,430 |
| Principal and interest | $2,505 |
| Property taxes (1.96% a year) | $620 |
| Homeowners insurance (our estimate, 0.5% a year) | $158 |
| FHA mortgage insurance | $168 |
| Total per month | $3,451 |
Change the numbers in the calculator
Questions about home buying in Peterborough
What is the median home value in Peterborough?
About $379,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Peterborough?
Homeowners pay a median $7,422 a year, which is about 1.96% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Peterborough?
For the median home with 20% down at 7.11%, the payment is about $2,819 a month. Keeping that under 28% of gross income takes about $120,807 a year.
More about Peterborough
- Mortgage Refinance in Peterborough
- Debt Relief in Peterborough
- Home Equity Loans in Peterborough
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data