Español

Este sitio también está en español. Leer en español

City · 44,375 residents · Merrimack County, New Hampshire

Concord , New Hampshire

In Concord, a typical home is worth $350,900 and typical rent is $1,441 a month. Compared with all of Merrimack County, typical household income is 12% lower, typical rent is 6% higher, and the share of households that own their home is 17 points lower.

WhatsApp

  • Typical home value

    $350,900

    5% below the county

    13% below New Hampshire

    • Concord
    • Merrimack
    • New Hampshire

  • Typical rent

    $1,441a month

    6% above the county

    3% below New Hampshire

    • Concord
    • Merrimack
    • New Hampshire

  • Typical household income

    $84,902a year

    12% below the county

    14% below New Hampshire

    • Concord
    • Merrimack
    • New Hampshire

  • Households that own their home

    57%

    17 points below the county

    16 points below New Hampshire

    • Concord
    • Merrimack
    • New Hampshire

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$448,333
2.5% more than 12 months ago
Typical rent
$1,941 a month
2.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Concord is in Merrimack County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Merrimack County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Concord apart

What this place has that others do not, from public data, most unusual first.

  1. 57% of households in Concord own their home, against 73% in Merrimack County.

  2. Nearby, in Franklin, the typical home value is $262,200: 25% less than in Concord ($350,900).

  3. Nearby, in Suncook, the typical rent is $1,091: 24% less than in Concord ($1,441).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Concord

What homes there are in Concord, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Homes in Concord are varied: detached houses are the largest group, at 42%, against 63% in Merrimack County.

Year built

The typical home in Concord was built in 1969, 8 years before the typical one in Merrimack County.

There are fewer big homes in Concord than in Merrimack County: 44% have 3 bedrooms or more, against 58%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

By price, most homes in Concord sit under the FHA limit for Merrimack County ($541,287): about 84%.

Monthly rent with utilities

About 73% of rented homes in Concord cost less than HUD's 2-bedroom fair market rent for Merrimack County ($1,800).

With a mortgage

$2,325 a month

Merrimack County: $2,324 a month

Without a mortgage

$1,021 a month

Merrimack County: $995 a month

Owners with a mortgage

64%

Merrimack County: 63%

Owning costs about the same in Concord as in Merrimack County: with a mortgage, $2,325 a month; without one, $1,021.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Merrimack County, the typical home value in Concord rose 52% since 2015–2019.

The typical rent in Concord rose 33% since 2015–2019, about the same as in Merrimack County (31%).

Here income did not keep up with housing: it rose 27%, while home values changed +52% and rent +33%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureConcordMerrimack CountyNew HampshireUnited States
Rental vacancy Unreliable estimate4.5%4.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.4%0.9%
More than one person per room 1.7%1.9%1.4%3.4%
People per household 2.272.462.442.53
Drive alone 71%73%72%69%
Carpool 8%8%7%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 5%3%3%3%
Work from home 14%14%17%15%
Other means 1%1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 1.7% of households in Concord live, near the figure in Merrimack County (1.9%).

Fewer people live in each home here: 2.27 on average, against 2.46 in Merrimack County.

To get to work, 71% of workers in Concord drive alone; in Merrimack County, 73%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Concord?

A typical home costs more than the typical income allows

We start with a typical home in Concord, worth $350,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Concord, which is $84,902 a year. For that payment to be 28% of income, a household would need to earn about $138,765 a year.

The calculator's FHA and conventional loan limits are those of all of Merrimack County.

Your numbers

Local data
$

Starts at the typical home value in Concord. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $12,282 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,238

at 7.18% · 30 years

Loan amount
$344,544
Total interest
$495,718
Paid off in
November 2056

Includes $5,926 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,981 a month

  • Tight

    $1,981 to $2,547 a month

  • Hard

    more than $2,547 a month

    Your payment · 46%

Compared with the typical household income in Concord ($84,902 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,238
Principal & interest$2,334
Property tax$602
Home insurance$146
FHA mortgage insurance (MIP)$155

You need at least $12,282 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Concord and Merrimack County

Concord is in Merrimack County, New Hampshire. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Concord's own numbers

Typical home value
$350,900
Typical monthly rent
$1,441
Typical yearly household income
$84,902
Households that own their home
57%
Effective property tax rate
2.06%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Merrimack County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,800
Price change over 5 years (FHFA)
+69%
Homes in a high flood-risk zone
2.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Merrimack County.

Everything about Merrimack County

Buying

Buying a home in Concord

A typical home in Concord is worth $350,900: 5% below the county and 13% below New Hampshire. With the typical household income in Concord ($84,902 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Concord 4.1 years
  • Merrimack 3.8 years
  • New Hampshire 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Merrimack County

According to FHFA’s house price index, home prices in Merrimack County rose 116% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Merrimack County.

Period County New Hampshire U.S.
Last year (2025) +4.7% +4.7% +2.9%
5 years (2020–2025) +69% +66% +47%
10 years (2015–2025) +116% +113% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Concord next to Merrimack County, New Hampshire and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Concord $350,900
  • Merrimack $367,600
  • New Hampshire $402,500
  • United States $332,700
Typical monthly rent
  • Concord $1,441
  • Merrimack $1,360
  • New Hampshire $1,491
  • United States $1,413
Typical yearly household income
  • Concord $84,902
  • Merrimack $97,004
  • New Hampshire $99,031
  • United States $80,734
See the full table
Concord next to Merrimack County and New Hampshire
Measure Concord Merrimack County New Hampshire U.S.
Typical home value $350,900 $367,600 $402,500 $332,700
Typical monthly rent $1,441 $1,360 $1,491 $1,413
Typical yearly household income $84,902 $97,004 $99,031 $80,734
Households that own their home 57% 73% 73% 65%
Typical yearly property tax $7,227 $6,783 $6,667 $3,119
Effective property tax rate 2.06% 1.85% 1.66% 0.94%
Renters with high rent for their income 44% 45% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Merrimack County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Concord

For a typical $350,900 home in Concord, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Concord's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,238a month

    Least cash to close
    Down payment
    $12,282
    Cash to close
    $22,809
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $155

  • Conventional, 5% down $3,174a month

    Down payment
    $17,545
    Cash to close
    $28,072
    Rate
    7.18%
    Mortgage insurance
    PMI · $167

  • Conventional, 20% down, no PMI $2,650a month

    Down payment
    $70,180
    Cash to close
    $80,707
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,975a month

    Down payment
    $52,635
    Cash to close
    $63,162
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Concord and for Merrimack County.

Property tax

Effective rate in Concord

2.06%of the home’s value each year

$7,227 a year for the typical owner in Concord.

  • Concord 2.06%
  • Merrimack 1.85%
  • New Hampshire 1.66%

What New Hampshire publishes Deadline to apply for exemptions and credits: April 15 (New Hampshire General Court (Revised Statutes Annotated))

Exemptions and deadlines in New Hampshire

Flood risk in Merrimack County

FEMA does not publish these numbers by city: they are for all of Merrimack County.

Homes in the high-risk zone
2.7%
1,069
Of those, with NFIP insurance
20%
County New Hampshire U.S.
Homes in the high-risk zone 2.7% 2.8% 3.5%
Of those, with NFIP insurance 20% 26% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Concord

Typical rent in Concord is $1,441 a month: 6% above the county. In Concord, 44% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Merrimack County, by unit size. To pay the 2-bedroom one ($1,800 a month) without spending more than 30% of your income, you would need to earn $34.62 an hour working full time.

HUD fair market rent for all of Merrimack County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,253 $24.10 $50,120
1 bedroom $1,376 $26.46 $55,040
2 bedrooms $1,800 $34.62 $72,000
3 bedrooms $2,357 $45.33 $94,280
4 bedrooms $2,366 $45.50 $94,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Concord

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Concord has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,870 in 03301 to $1,930 in 03303.

2 of the 2 are above the fair market rent for Merrimack County ($1,800).

  • 03301 $1,870$2,450
  • 03303 $1,930$2,530

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Concord when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Concord

HUD lists 29 buildings with rents for lower incomes in Concord. These are the largest.

  • Concord Royal Gardens 21 Concord Gdns, Concord 03301 257 low-income homes · For families
  • Crutchfield Apartments 15 Pitman St, Concord 03301 220 homes, 203 low-income · Run by Concord Housing Authority · Average payment: $437 a month · Average wait: 12 months (603) 224-4059
  • Horseshoe Pond 26 Commercial St, Concord 77 homes, 73 low-income · 1 bd: 76 · 2 bd: 1 · In service since 2000
  • Firehouse Block - Elderly 46 Warren St, Concord 03301 68 low-income homes · For older adults (603) 225-7247
  • WM Haller Apts 1 Jennings Dr, Concord 03301 59 low-income homes · Run by Concord Housing Authority · Average payment: $966 a month (603) 224-4059

See all 63 buildings in Merrimack County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Concord

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Merrimack County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Concord

No down payment, repair or rent-help program on our list is for Concord or Merrimack County. The ones below are statewide in New Hampshire: they work in Concord the same as in the rest of the state.

Which programs do I qualify for? All programs in New Hampshire

  • New Hampshire Housing Cash Downpayment Assistance

    Statewide in New Hampshire

    New Hampshire state agency cash assistance of $5,000, $10,000 or $15,000 for the down payment with an NH Housing mortgage; open to any buyer who qualifies, not only first-time buyers. Offered by New Hampshire Housing.

    Type not stated

    See the program Official page

  • 1stGenHomeNH

    Statewide in New Hampshire

    Limited funds remain, per the source

    New Hampshire state agency help of $10,000 for the down payment, closing costs and the escrow account, as a second mortgage with no interest or payments, repaid when you sell, refinance or leave the home; for first-generation buyers, people who were in foster care, or refugees or asylees. Offered by New Hampshire Housing.

    Deferred

    See the program Official page

Housing counselors near Concord

The HUD-approved agencies closest to the center of Concord, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Neighborworks of Southern New Hampshire

    801 Elm St, Manchester · 18 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 5 more
    (603) 626-4663

  • New Hampshire Housing Finance Authority

    32 Constitution Dr, Bedford · 19 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (603) 310-9287

  • New Hampshire Housing Finance Authority

    32 Constitution Dr, Bedford · 19 miles away

    • Home improvement and repairs
    • Pre-purchase counseling
    (603) 472-8623

All counseling agencies in New Hampshire

Help in Spanish near Concord

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Concord

HUD’s record names them for Concord or Merrimack County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Concord Housing Authority Public housing and Section 8 vouchers (603) 224-4059

All housing agencies in New Hampshire Source: HUD

Cities

Other cities in Merrimack County

These cities are also in Merrimack County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Merrimack County Housing in New Hampshire

Nearby cities

The cities closest to Concord, with the typical home value.

Neighboring counties

If Merrimack County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Concord.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Concord

Short answers with the numbers for Concord and all of Merrimack County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Concord?

The typical home value in Concord is $350,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Merrimack County it is $367,600.

How much does it cost to rent in Concord?

Typical rent in Concord is $1,441 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Merrimack County is $1,800.

What is the FHA loan limit in Concord?

Concord uses the FHA limit for all of Merrimack County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Concord?

The typical homeowner in Concord pays $7,227 a year, according to the U.S. Census Bureau. That is 2.06% of the home’s value; in Merrimack County, the rate is 1.85%.

Where can I find free help to buy or rent in Concord?

We found no HUD-approved counseling agencies with an office in Merrimack County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).