Imagine TEENA
Housing Stats
(based on 2018 data)
Median Household Income:
$321,300
Median gross rent: $1,287
75% of Nashua’s owner-
occupied housing stock is
valued at or above $200,000
41% Cost Burdened Renter
Households
3.1% of Nashua’s housing
stock classified as vacant
age cohort are those residents 55
years and older, driving demand
for smaller units accommodating
single-and two-person
households.
Imagine Nashua’s housing goals
are informed by the findings from
the 2020 Housing Study and the
actions and recommendations
in this section build upon
recommendations directly
from the study. In addition to
providing strategies for improving
housing policy related to housing
distribution typologies, housing
affordability and stability, Imagine
Nashua also believes that planning
for future housing should not be
in isolation of other factors, but
Units in Structure
Nashua’s housing stock is predominantly single-family.
There is an opportunity in Nashua to expand its housing
stock to accommodate population and employment
growth.
20+ Unit
10-19 Unit
5-9 Unit
3-4 Unit
2-Unit
1-Unit
Source: NHGIS, ACS 2011, 2019
114
2013 2018
with access to opportunities,
transit, and amenities in mind.
The scenario visions for the Daniel
Webster College site and the
Beazer Remediation site [see Land
Use section], developed through
discussion with the community,
showcase potential mixed-
income and multi-generational
neighborhood layouts (appropriate
to surrounding context) with varied
housing options, and access to
community amenities.
Key Findings from
the 2020 Housing
Study
Nashua is a growing city.
Nashua’s population has risen
rapidly since 1970, adding nearly
30,000 new residents. Growth is
projected to continue through the
year 2030 with the city adding
another 8,000 residents between
2018 and 2030. Nashua’s fastest
growing age cohort are those
residents 55 years and older, while
middle age residents 35 to 54 are
shrinking
Nashua’s population is
diversifying and with it comes
income disparity. The number of
Black, Asian, and Hispanic/Latino
residents increased between
2013 and 2018 but White and
Asian households continue to earn
2.5+ times the income as Black
and Hispanic/Latino households.
