GDP
New Hampshire's gross domestic product totaled approximately $120 billion in 2023, ranking around 39th among U.S. states.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED NHRGSP).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| GDP (billions) | 120 | 27360 |
- •New Hampshire's GDP per capita is among the highest in New England despite its small overall economy.
GDP Growth
New Hampshire's real GDP grew about 2.3% in 2023, slightly above the national average growth rate.
Real GDP growth
1998–2025Annual % change in BEA real GDP (NHRGSP).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| GDP growth % | 2.3 | 2.5 |
- •New Hampshire's economy has grown steadily despite having no broad-based sales or income tax.
Personal Income
New Hampshire's total personal income was approximately $99 billion in 2023, with per capita personal income near $70,600.
Per capita personal income
1970–2025BEA, current dollars (FRED NHPCPI).
- •New Hampshire's per capita income consistently ranks among the top ten states nationally.
Median Household Income
New Hampshire's median household income was about $96,838 in 2023, the 2nd–3rd highest in the nation.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSNHA646N).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Median household income | 96838 | 77719 |
- •New Hampshire has one of the highest median household incomes in the country, despite having no state income tax on wages.
Poverty Rate
New Hampshire's poverty rate was about 7.2% in 2023, one of the lowest in the United States.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAANH33000A156NCEN).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Poverty rate % | 7.2 | 11.5 |
- •New Hampshire consistently has one of the lowest poverty rates of any U.S. state.
Inflation
Consumer prices in the Northeast region, including New Hampshire, rose about 3.2% year-over-year in 2023, close to the national average.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Inflation rate % | 3.2 | 3.4 |
- •Housing costs have been the largest driver of inflation pressure in New Hampshire in recent years.
Economic Output
New Hampshire's economic output per worker is estimated at around $145,000, reflecting high productivity in its service and tech sectors.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED NHNGSP).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Output per worker | 145000 | 135000 |
- •New Hampshire punches above its weight economically despite ranking near the bottom in total population.
Industry Breakdown
New Hampshire's economy is led by healthcare, manufacturing, and professional/technical services, together accounting for over 40% of GDP.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NHGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NHMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NHCONS).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Manufacturing share of GDP % | 11 | 10.2 |
- •New Hampshire's manufacturing sector includes major aerospace and electronics companies despite the state's small population.