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Somersworth

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

Median Home$314,150
Median Rent$1,430/month
Population12,111
Leading IndustriesRetail · Arts, Food & Hospitality · Information & Media14% retail
Home Value Growth⬆⬆⬆+22.0% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners58% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableVeteran Community10% of residents · top 14% nationally
Somersworth
NH

Frequently Asked Questions

What are today's mortgage rates in Somersworth?

As of today, the 30-year fixed mortgage rate for Somersworth is approximately 6.897% (6.933% 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 Somersworth?

The median home value in Somersworth is $314k. The median monthly rent is $1,430. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Somersworth?

Home values in Somersworth have increased 22.0% 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 Somersworth?

Based on a typical all-in ownership cost of $1,618/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Somersworth is $77k/year.

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What industries drive the economy in Somersworth?

The largest employment sectors in Somersworth are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.