Demographics & Housing Market Conditions
Income
Median Household Income by Race/Ethnicity
Source: ACS 2018
$100,000
$92,004 2018 Income
$90,000
$81,552
$80,000
$70,000
$60,000
$50,000
$40,000 $34,511 $33,275
$30,000
$20,000
$10,000
$0
White Alone Black or African Asian Hispanic or Latino
American
MEDIAN HOUSEHOLD INCOME OF WHITE HOUSEHOLDS IS 2.4 TIMES HIGHER THAN BLACK, HISPANIC AND
LATINO HOUSEHOLDS.
White and Asian households in Nashua have significantly higher household incomes
than Black, Hispanic and Latino households. This greatly impacts their ability to pay
rents and mortgages, contain cost burdening as prices escalate, and find affordable
housing options in the city. It may also be impacting their ability to enter the
homeownership market over time as prices continue to rise.
Nashua Housing Study - 12
Percent Non-White Residents ASSOCIATES INC
Source: ACS 2018
% Non-White Residents
0% - 9%
10% - 17%
GD 12% - 28%
GRD 29% - 45%
Higher percentages of non-white residents can be found in block groups
in and around the Downtown area which correlates with lower income
households and much higher percentages of renter households. Block
groups on the edges of Nashua also have higher percentages of non-
white residents influenced by high numbers of Asian residents.
