The typical owner-occupied home in New Hampshire is worth about $118,100, 45% below the Ohio median of $214,800 and 65% below the national median of $332,700. Owners pay a median $1,831 a year in property taxes, about 1.55% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $162,813 a year, so the median home costs 0.7 times the median income (3.0 times for Ohio). 94% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
New Hampshire at a glance
| New Hampshire | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $118,100 | $214,800 | $332,700 |
| Median property tax paid per year | $1,831 | $2,822 | $3,119 |
| Property tax as a share of value | 1.55% | 1.31% | 0.94% |
| Median household income | $162,813 | $71,389 | $80,734 |
| Homes lived in by their owners | 94% | 67% | 65% |
| Owner homes with a mortgage | 82% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,559 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 12.3% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1990 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 445 | 11,810,293 | 334,922,499 |
What a typical home costs per month in New Hampshire
At this week's average 30-year rate of 7.11%, buying the median New Hampshire home of $118,100 with 20% down costs about $837 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,034, 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 $35,885 for the 20%-down payment. That payment is 6% of the median New Hampshire household income of $162,813; at that income and 20% down, the 28% guideline points to a home of about $536,000.
| Down payment | $23,620 |
|---|---|
| Loan amount | $94,480 |
| Principal and interest | $636 |
| Property taxes (1.55% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $837 |
Change the numbers in the calculator
| Down payment | $4,134 |
|---|---|
| Loan amount | $115,961 |
| Principal and interest | $780 |
| Property taxes (1.55% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $1,034 |
Change the numbers in the calculator
Questions about home buying in New Hampshire
What is the median home value in New Hampshire?
About $118,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in New Hampshire?
Homeowners pay a median $1,831 a year, which is about 1.55% 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 New Hampshire?
For the median home with 20% down at 7.11%, the payment is about $837 a month. Keeping that under 28% of gross income takes about $35,885 a year.
More about New Hampshire
- Mortgage Refinance in New Hampshire
- Debt Relief in New Hampshire
- Home Equity Loans in New Hampshire
- 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