Demographics & Housing Market Conditions
Population and Age “ew
Total Population Change 1970-2030, City of Nashua Change in Population by Age 2013-2018
Source: NHGIS, ACS 2013, 2018, EMSI Source: ACS 2013, 2018
110,000 40%
, m Nashua mHillsborough
—— Nashua
100,000 30%
94747 96,040 25%
22%
90,000 50% 20%
‘ 86,605 86,494 1 ° 15%
80,000 , 9%
1 I Il Il ' ' ' 10% 6%
! 4% 5%
70,000 [
0% UJ r
60,000 ! 6
! ! I I I ' ' ! 9 -6% “0% 7%
55620 -10% “9% 8% 7%
50,000 : | 12%
20%
40.000 ' | ' 1 ! ! | I Under 18 18to 24 years 25to34years 35to44 years 45to 54 years 55 to 64 years 65+ years
, 1970 1980 1990 2000 2010 2013. =: 2018 2025 2030
NASHUA IS A GROWING CITY. NASHUA IS A RAPIDLY AGING CITY.
Nashua’s population, like Hillsborough County, grew rapidly between 1970 and 2000. The Nashua, like Hillsborough County, is experiencing a rapid aging of the resident population.
city experienced a leveling of growth between 2000 and 2013, while the county continued Residents over the age of 55 increased 22% between 2013 and 2018. Given that residents
to grow by 5.5%. Since 2013, Nashua’s population has grown by just over 2% and is ages 35 to 54 decreased over that time period, suggests some aging in place but also new
projected to continue to grow through the year 2030. Population projections show the residents ages 55+ are moving to Nashua from elsewhere. This correlates to the uptick in
city could add another 8,000 residents by the year 2030. Much of this population residential development with age restrictions or those that market to older residents. The
increase is predicated on having the housing to support new households over time. This city has also seen a sharp decline in the number of school age children over this five-year
likely relies on redevelopment at a higher intensity than seen in previous decades. period likely correlating to the decline in residents ages 35 to 54 who tend to comprise
family households.
Nashua Housing Study - 8
