Demographics & Housing Market Conditions
Education and Income
Change in Educational Attainment 2013 - 2018
Source: ACS 2013, 2018
20%
15%
10%
- | i
0% []
-5%
-10%
-15%
No High High School Associates or Bachelor's Master's Professional or
School Diploma or Some College Degree Degree Doctorate
Diploma Equivalent
mNashua_ sHillsborough
NASHUA RESIDENTS ARE ADVANCING THEIR EDUCATION.
Over the last five years, the number of residents with a bachelor’s degree or higher
increased 11%. That translates into nearly 2,169 residents who earned post
secondary degrees. There is also a strong correlation between the increase in
educated residents and the increase in household incomes over the last five years.
Nashua Housing Study - 11
ASSOCIATES INC
Change in Household Income 2013 - 2018
Source: ACS 2013, 2018
70%
60%
50%
40%
30%
20%
10% JJ
7 s FFs
-10% L
-20%
-30%
Lessthan $25,000- $50,000- $75,000- $100,000- $150,000- $200,000+
$25,000 $49,999 $74,999 $99,999 $149,999 $199,999
mNashua_ sHillsborough
HIGHER INCOME HOUSEHOLDS ARE BECOMING MORE PREVALENT IN NASHUA.
Nashua households have become increasingly wealthier with the highest percentage
growth taking place in households earning more than $200,000 per year. Over the last
five years, Nashua saw a 13% growth in households earning more than $50,000 per
year. This was a faster rate than Hillsborough County (10%). Households earning at or
above $75,000 can afford homes priced over $250,000 and rents of $1,875 or more per
month.
