Demographics & Housing Market Conditions
Employment and Wages
Top Ten Largest Employment Sectors 2019
Source: EMSI 2020
Industry Sector 2020 Jobs 2020 Avg. Earning
Health Care and Social Assistance 12,207 $73,141
Manufacturing 10,572 $128,334
Retail Trade 9,772 $41,579
Government 5,104 $76,530
Accommodation and Food Services 4,577 $25,100
Professional, Scientific, and Technical 3,759 $121,513
Services
Administrative and Support and Waste
Management and Remediation Services ole $59,651
Other Services (except Public
Administration) 2,719 $35,978
Educational Services 2,301 $60,866
Construction 1,986 $71,689
Top Ten Employment Growth Sectors
Source: EMS! 2020-2029
Industry Sector 2029 Jobs 2020 Avg. Earning
Health Care and Social Assistance +1,671 $73,141
Educational Services +411 $60,866
Accommodation and Food Services +213 $25,100
Administrative and Support and Waste
Management and Remediation Services +179 $59,651
Other Services (except Public
Administration) #120 oe
Arts, Entertainment, and Recreation +46 $24,732
Construction +15 $71,689
Unclassified Industry +10 $56,502
Agriculture, Forestry, Fishing and Hunting +6 $29,927
Government +6 $76,530
Nashua Housing Study - 14
ASSOCIATES INC
What Can Different Jobs/Earnings Afford in Nashua?
Source: EMSI 2020, HUD, RKG Associates
Earnings Chart
$135,000
Manufacturing
$425,000 Home = >——
§3,208 Rent $120,000
Prof/Tech/Science
$105,000 $403,000 Home
Government $3,037 Rent
$253,000 Home
$1,913 Rent $90,000 Healthcare
$242,000 Home
Construction $1,829 Rent
$238,000 Home = = ->——
$1,792 Rent Educational Services
$60,000 $201,000 Home
Admin Support Serv, $1,522 Rent
$198,000 Home
$1,491 Rent $45,000 Retail
$138,000 Home
$1,039 Rent
$30,000
Other Services
$119,000 Home
Accommodation/ $15,000 $900 Rent
Food Services r..~CO~S
$83,000 Home
$628 Rent
LOWEST PAYING JOBS IN NASHUA CANNOT AFFORD RENT OR HOME PURCHASE AT NASHUA’S MEDIAN PRICES.
With a median gross rent of $1,287/month and a median home value of $278,400, 31% of
employees in Nashua’s top ten largest employment sectors can’t afford units at those
prices. These industry sectors are also projected to add employees through the year 2029.
