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Manchester

Learn about the people, housing, costs and businesses in Manchester, New Hampshire

Median Home$355,941
Median Rent$1,590/month
Population115,643
Leading IndustriesProfessional Services · Healthcare · Retail2% professional services
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults35% of residentswell above average
Renters51% of occupied units
NotableAmenity Score79/100 · highly walkable area
Manchester
NH

Frequently Asked Questions

What are today's mortgage rates in Manchester?

As of today, the 30-year fixed mortgage rate for Manchester is approximately 6.855% (6.894% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Manchester?

The median home value in Manchester is $356k. The median monthly rent is $1,590. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manchester?

Home values in Manchester have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Manchester?

Based on a typical all-in ownership cost of $1,657/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manchester is $82k/year.

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What industries drive the economy in Manchester?

The largest employment sectors in Manchester are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.