Demographics & Housing Market Conditions
Income
Change in Household Income by Tenure 2013-2018
Source: ACS 2013, 2018
140%
120%
100%
80%
60%
40%
20% i
0% = — a —
-20% |
-40%
Less than $25,000 - $50,000 - $75,000 - $100,000 - $150,000 +
$25,000 $49,999 $74,999 $99,999 $149,999
m@ Owner Households Renter Households
NASHUA IS SEEING AN INCREASE IN INCOMES AMONG RENTER HOUSEHOLDS.
Nashua renter households have become increasingly wealthier with the highest
percentage growth taking place in households earning more than $150,000 per year.
Owner households on average have not experienced the same amount of growth in
incomes as renter households. The reason for this is because there are already four
times more owner households than renter households earning over $100,000 a year.
Across the United States, renter households tend to earn less than owner households.
Nashua Housing Study - 13
Median Household Income ASSOCIATES INC
Source: ACS 2018
(— "Median HH Income
GED $0 - $44,000
GED 344,001 - $71,000
GED 871,001 - $96,500
L GED $96,501 - $757,000
The lowest median household incomes in Nashua are
concentrated in the block groups in and around the
Downtown area. This also correlates to where the oldest
housing stock is located and where most renters are living
in Nashua.
