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Merrimack County, NH

RANK #393 / 996  ·  POP 153,918  ·  NH

PROJECTED GROWTH: +1.2%

Merrimack County sits in the middle of the pack — stable but not accelerating.

[01] Why Merrimack County?

Merrimack County, New Hampshire, is defined by the Merrimack River, which bisects its hilly terrain, and its status as home to Concord, the state capital and largest city. Located in central New Hampshire, the county is about an hour's drive from Boston. Commuters utilize various options, including carpooling and a regional bus service for seniors and individuals with disabilities. The community offers a blend of suburban and rural environments, with towns like Hopkinton providing a rural feel despite being close to the capital. Outdoor recreation is prominent, with numerous state parks like Bear Brook State Park offering extensive trails for hiking, biking, and water activities on lakes and ponds.

Life in Merrimack County offers a suburban feel with access to outdoor activities. The public schools in Merrimack County are generally above average. The economy is driven by state government activities in Concord, alongside manufacturing of electronic components and aircraft parts. Recent economic developments include ongoing investments in high-speed internet infrastructure by companies like Comcast, expanding multi-gigabit internet access to more homes and businesses. Additionally, local institutions like Merrimack County Savings Bank contribute to affordable housing initiatives, supporting low- and moderate-income families.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+3.1%

Above national median

Home Prices
+3.4%

Outpacing national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Merrimack County U.S. National

The Numbers

DEMOGRAPHICS
Population
153,918
+0.61% YoY
Median Household Income
$88,806
Median Home Value
$297,600
+3.41% 12mo
Median Rent
$1,199
Average Annual Pay
$68,857
+4.5% YoY
Employment
77,147
+0.5% YoY
Income-to-Home-Value
0.2984
More affordable than average
Migration Inflow
3.81%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$472,500
Days on Market
51
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
99.6%
Near asking price
Sold Above List
39.4%
Listings w/ Price Drops
10.2%
Building Permits (2024)
355
Single-Family Permits
288

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +3.1% 59 percentile
Population Growth +0.6% 58 percentile
Income Growth +7.7% 30 percentile
Vacancy Rate 0.6% 89 percentile
Home Price Change +3.4% 76 percentile
Rent Growth +1.7% 29 percentile
Price/Rent 12x 62 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Merrimack County, NH a good place to move to?

Merrimack County has a Boom Town Index score of 61/100, ranking #393 among 996 U.S. counties. With job growth at +0.5% and a median household income of $88,806, it's an above-average county on economic indicators.

Is Merrimack County affordable?

The median home value in Merrimack County is $297,600 with median rent at $1,199/month. The income-to-home-value ratio is 0.2984, which is more affordable than the national average.

Is Merrimack County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +0.5%. Home values changed +3.4% in the past 12 months.

Are people moving to Merrimack County?

Yes — 3.81% of Merrimack County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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