Quick facts: New ipswich, NH

Quick Facts

106.6
Cost of Living
above US average
5,374
Population
1.86
Crime Rate per 1000
below US average
$76,000
Median Income
below US average
$459,900
Median House Price
above US average
$2200.0
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 $76,000.

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Income Needed to Buy

βœ— Stretch
$144k/year
Based on $459,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $144k vs median $76,000
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Income Needed to Rent

⚠ Stretch
$94k/year
Based on $2200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $94k vs median $76,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for New ipswich, NH

New Ipswich is a quaint town located in Hillsborough County, New Hampshire. Nestled near the state's border with Massachusetts, it is known for its picturesque landscapes, small-town charm, and rich history. Established in the late 18th century, New Ipswich offers a blend of historic architecture and natural beauty, making it appealing to residents and visitors alike. The town is primarily residential, featuring a tight-knit community that values outdoor activities such as hiking, biking, and exploring local parks. The scenic surroundings include rolling hills, forests, and waterways, providing ample opportunities for outdoor recreation. Culturally, New Ipswich celebrates its history with various community events throughout the year and has local shops and eateries that reflect the town's character. Its proximity to larger cities like Nashua and Manchester allows residents easier access to urban amenities while maintaining the tranquility of rural living. Overall, New Ipswich embodies the quintessential New England town experience, offering a peaceful lifestyle with a strong sense of community.

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