ExecutivePulse
Official Federal Data

Hillsborough County, New Hampshire

FIPS 33011 · Manchester-Nashua, NH · Population 426,378
9 Sources Updated June 22, 2026
$103,545
Median Income
$80,734 national
3.5%
Unemployment
4% national
$38.1B
GDP
41.5%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$103,545
Per Capita
$54,111
Mean Household
$132,601
Poverty Rate
6.7%
Median Income Comparison
Hillsborough County$103,545
New Hampshire$99,031
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 17.3% (73,818 residents) 55-64: 14.8% (63,066 residents) 35-54: 25.9% (110,627 residents) 18-34: 22.3% (95,171 residents) Under 18: 19.6% (83,696 residents) 41 Median Age
Cohorts
Under 18 · 19.6%
18-34 · 22.3%
35-54 · 25.9%
55-64 · 14.8%
65+ · 17.3%
Race & Ethnicity
White81.6%
Black or African American2.5%
Asian4.3%
Hispanic or Latino(any race)8.5%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.4%
High School+
National: 89.6%
▲ +3.8 pts
41.5%
Bachelor's+
National: 35.7%
▲ +5.8 pts
16.1%
Graduate+
National: 14.1%
▲ +2.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
426,378
Population
248,651
Labor Force
Employed
240,628
Unemployment Rate BLS LAUS 2025 annual
3.5% ▲ +0.7 pts YoY
Mean Commute 1 min above national avg
27.3 min
Work From Home vs 15.1% national
18.1%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 5.8 pts, supports knowledge-economy and tech attraction.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$38.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Hillsborough County, New Hampshire, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
32,080 20.9%
$73,796
2Retail Trade
24,864 16.2%
$47,521
3Manufacturing
24,640 16.0%
$120,338
4Accommodation and Food Services
15,969 10.4%
$30,445
5Professional, Scientific, and Technical Services
13,590 8.8%
$140,024
6Administrative and Support and Waste Management
10,800 7.0%
$62,220
7Finance and Insurance
9,312 6.1%
$151,139
8Construction
8,991 5.9%
$90,769
9Other Services (except Public Administration)
7,190 4.7%
$51,992
10Wholesale Trade
6,132 4.0%
$122,146
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 32,080 workers (20.9% of tracked sectors), at an average wage of $73,796.
  • Economic scale: Regional GDP of $38.1B (2024).
  • Wage stratification: Finance and Insurance averages $151,139 while Accommodation and Food Services averages $30,445, a 5.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Computer and Electronic Product Manufacturing
8.93x
11,402
Securities, Commodity Contracts, Investments
3.18x
4,489
Primary Metal Manufacturing
2.65x
1,230
Textile Mills
2.44x
253
Telecommunications
2.31x
1,751
Miscellaneous Manufacturing
2.27x
1,775
Electrical Equipment, Appliance Manufacturing
1.95x
1,080
Plastics and Rubber Products Manufacturing
1.90x
1,701
Fabricated Metal Product Manufacturing
1.84x
3,360
Furniture, Home Furnishings, and Other Retailers
1.66x
1,635

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Manufacturing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
20,801
Cluster Employment
8.93x
Peak LQ
Concentrated Sub-Sectors
Computer and Electronic Product Manufacturing
8.93x 11,402
Securities, Commodity Contracts, Investments
3.18x 4,489
Primary Metal Manufacturing
2.65x 1,230
Textile Mills
2.44x 253
Telecommunications
2.31x 1,751
Miscellaneous Manufacturing
2.27x 1,775
Electrical Equipment, Appliance Manufacturing
1.95x 1,080
Plastics and Rubber Products Manufacturing
1.90x 1,701
Fabricated Metal Product Manufacturing
1.84x 3,360
Furniture, Home Furnishings, and Other Retailers
1.66x 1,635

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.03x
Transportation Equipment Manufacturing
62 employed
0.12x
Warehousing and Storage
294 employed
0.16x
Food Manufacturing
366 employed
0.19x
Furniture and Related Product Manufacturing
80 employed
0.22x
Heavy and Civil Engineering Construction
326 employed
0.26x
Air Transportation
188 employed
0.27x
Crop Production
182 employed
Key Takeaways
  • Top specialization: Computer and Electronic Product Manufacturing concentrates at 8.93x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Hillsborough County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$421,100
Median Home Value vs 2019
$1,623
Rent/Mo
67.4%
Owner-Occ
5.1%
Vacancy
4.1x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (County Average)

Renter-household-weighted average across 31 town FMR areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,426/mo$1,286 to $1,467
1 Bedroom
$1,593/mo$1,294 to $1,673
2 Bedroom
$2,061/mo$1,698 to $2,127
3 Bedroom
$2,591/mo$2,036 to $2,822
4 Bedroom
$2,839/mo$2,697 to $3,001
30% of monthly median household income (~$2,589/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.1x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,589/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
268,864
Working Age (18-64) vs 2019
Mean Commute 1 min above national avg
27.3 min
Work From Home vs 15.1% national
18.1%
Prime-Age Employed (25-54)
86.4%
of prime-age population
Labor force participation rate: 72.6% of working-age population (18-64) 73% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
41.5%
HS Diploma+
93.4%
Regional / Statewide Institutions
Total credentials awarded
38,307/yr
Southern New Hampshire University 29,238/yr
University of New Hampshire-Main Campus 4,149/yr
Dartmouth College 2,137/yr
Plymouth State University 1,192/yr
Keene State College 902/yr
NHTI-Concord's Community College 689/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
23.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
46.8%
Service
12.9%
Sales & Office
19.8%
Construction / Maint.
8.2%
Production / Transport
12.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 240,628 employed workers.
Key Takeaways
  • Succession risk is real: 23.5% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 35,524 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Hillsborough County shows strong potential for computer and electronic product manufacturing attraction, with a 8.93x concentration and 11,402 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 23.5% of the working-age population within 10 years of retirement age.

The interconnected base across computer and electronic product manufacturing, securities, commodity contracts, investments, and primary metal manufacturing creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Hillsborough County, New Hampshire, from federal data sources.

What is the population of Hillsborough County, New Hampshire?

426,378 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Hillsborough County, New Hampshire?

$103,545 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Hillsborough County, New Hampshire?

3.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Hillsborough County, New Hampshire?

$38.1B (U.S. Bureau of Economic Analysis, CAGDP1).