Board Of Aldermen

Demographics & Housing Market Conditions

Housing Stock

SIXTY PERCENT OF NASHUA’S HOUSING WAS BUILT BEFORE 1970.

Nashua, like most New England

cities, began its development history . . . .
around water and transportation in Residential Units by Year Built

what is today Downtown Nashua Source: City of Nashua Assessor Database, RKG Associates
with many structures dating to the

Year Built of Structure source: City of Nashua ASSOCIATES INC

downtown section of Nashua

contains the largest diversity of Pre-1930 9,505 28%

Demographics & Housing Market Conditions

Housing Stock

SINGLE-FAMILY HOUSING UTILIZES A LARGE PERCENTAGE

OF NASHUA’S LAND.

Demographics & Housing Market Conditions

Housing Stock

NASHUA’S HOUSING STOCK IS CHANGING TO ACCOMMODATE GROWTH.

NASHUA IS ADDING HOUSING UNITS TO ACCOMMODATE ITS GROWING POPULATION.

Demographics & Housing Market Conditions

Employment and Wages

Top Ten Largest Employment Sectors 2019

Source: EMSI 2020

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.

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.

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.

Demographics & Housing Market Conditions

Household Composition

HOUSEHOLDS ARE INCREASING AT A FASTER RATE THAN THE POPULATION.

Change in Household Composition 2013-2018

Source: ACS 2013, 2018

2013

% 11% 30% .
m@ Married Couple

Male

Non-Family Female

Family Households Households

Living Alone

@ Not Living Alone
% 12% 30%

2018

HOUSEHOLD COMPOSITION REMAINS RELATIVELY UNCHANGED.

Demographics & Housing Market Conditions

Population and Age

NASHUA’S POPULATION IS DIVERSIFYING.

The total population of Nashua increased by
just over 2% between 2013 and 2018, but new
residents were more diverse than in the past.

Demographics & Housing Market Conditions