Quick facts: Lyndeborough, NH

Quick Facts

106.6
Cost of Living
above US average
1,734
Population
8.65
Crime Rate per 1000
below US average
$80,000
Median Income
below US average
$999,000
Median House Price
above US average
$1989
Average Rent
above US average
5%
Poverty Rate
below US average
2.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $80,000.

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Income Needed to Buy

βœ— Stretch
$313k/year
Based on $999,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $313k vs median $80,000
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Income Needed to Rent

⚠ Stretch
$85k/year
Based on $1989/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $85k vs median $80,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lyndeborough, NH

Lyndeborough is a charming town located in Hillsborough County, New Hampshire. Nestled in the southern part of the state, Lyndeborough is known for its picturesque landscapes, rural character, and a strong sense of community. It spans approximately 28 square miles and features a mix of wooded areas, rolling hills, and scenic views, making it a great spot for outdoor enthusiasts. The town has a population of around 1,500 residents, contributing to its quaint, small-town atmosphere. Lyndeborough is primarily residential, with a focus on family-friendly activities and local events. The town offers residents access to various recreational opportunities, including hiking, fishing, and biking. Lyndeborough is served by a few local schools and is known for its commitment to education and community involvement. The town is also conveniently located near larger cities such as Milford and Nashua, providing residents with access to additional amenities and services. Overall, Lyndeborough represents a peaceful, rural lifestyle in New England, appealing to those looking for a close-knit community and a connection to nature.

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