Issues and Opportunities
Downtown Nashua Median Household Income, 2018 | source: acs 2018
ASSOCIATES INC
Median HH Income
GED S0 - $44,000
MEDIAN INCOME IN THE DOWNTOWN IS — — si be
LOW COMPARED 10 THE REST OF THE | re OSHS
CITY.
As noted on the previous page, median es ee
household income in the Downtown area is
very low compared to many other parts of the
city. Fourteen out of the twenty Downtown
area Block Groups have median incomes of
less than $44,000. This is nearly $30,000 less
than the city-wide median. Downtown Nashua
also includes the poorest Census Tract in New
Hampshire.
Across the United States, renters tend to be in
the highest risk category for cost burdening,
displacement, and eviction particularly in the
economic situation we are in today. In Nashua,
the Downtown area is a prime example where
lower-income renter households may be at risk
for several of these factors if the affordability
of the housing stock is not maintained or
expanded over time. This speaks to a
balanced approach of adding both affordable
housing and market rate housing in
Downtown.
Nashua Housing Study - 47
