New Hampshire’s Median Household Income increased in 2023, poverty remained steady

Sunday, September 22, 2024

New data released by the U.S. Census Bureau provide key insights into the economic well-being of Granite Staters. The American Community Survey’s 2023 state-level data showed that median household income recovered to 2021 levels after adjusting for inflation, following a decline in 2022. While the median household income increased, the poverty rate held steady at 7.2 percent, reflecting that nearly 100,000 New Hampshire residents had very little income despite purchasing power growing for the median household.

August state revenues buoyed by high interest rates as key tax sources fall short

Friday, September 20, 2024

A new analysis from Pew Charitable Trusts suggests that the majority of states have tax revenues below their 15-year growth trendlines, and inflation-adjusted tax collections were relatively stagnant for the first five months of calendar year 2024.

Local governments nearing deadline to obligate federal funds with millions of dollars at risk

Thursday, July 25, 2024Thursday, July 25, 2024

Recently released federal data indicate that county, city, and town governments in New Hampshire likely have millions of flexible, unspent federal dollars that must be committed to a purpose before the end of the year.

State revenue surplus holds as fiscal year ends and Business Tax Receipts underperform

Friday, July 12, 2024Friday, July 12, 2024

Legislature passes bills to fund legal settlements, retirement system, and transportation while altering housing and child care laws

Monday, September 23, 2024Monday, July 8, 2024

New Hampshire’s 2024 legislative session resulted in key policy changes and investments proposed by the State Legislature. Although several have already been signed, many of these bills still await consideration by the Governor. While 2024 was not a State Budget year for the Legislature, available surplus funds, flexible American Rescue Plan Act dollarsand other federal resources, and borrowed money for capital projects resulted in initiatives that, if approved, would include significant investments.

+ load more