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Belknap County, NH

RANK #197 / 996  ·  POP 63,914  ·  NH

PROJECTED GROWTH: +2.1%

Belknap County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Belknap County?

Belknap County, New Hampshire, is defined by its position within the state's Lakes Region, with a significant portion of Lake Winnipesaukee, New Hampshire's largest lake, lying within its borders. The county seat, Laconia, is situated between Lake Winnipesaukee and Lake Winnisquam. Approximately 80 miles north of Boston, the county is accessible via Interstate 93 and Route 3. This central New Hampshire location offers a community feel that blends small-town charm with access to extensive outdoor recreation, including hiking trails in the Belknap Mountains and skiing at Gunstock Mountain Resort.

Life in Belknap County often attracts retirees drawn to the natural beauty and recreational opportunities. The economy is influenced by tourism, particularly around Lake Winnipesaukee, which sees increased activity in warmer months. While many residents own their homes, the area also offers various housing options. Commute options include carpooling services and a regional transit program for seniors and individuals with disabilities. Local public schools, such as Gilford High School and Gilmanton Elementary School, serve the county's families.

[02] Market Snapshot

Housing Ratio
5.7x

Above national median (4.7x)

GDP Growth
+4.5%

Well above national median

Home Prices
+3.0%

Outpacing national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 5.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Belknap County U.S. National

The Numbers

DEMOGRAPHICS
Population
63,914
+0.82% YoY
Median Household Income
$80,719
Median Home Value
$295,900
+2.97% 12mo
Median Rent
$1,153
Average Annual Pay
$56,999
+4.6% YoY
Employment
25,854
+1.1% YoY
Income-to-Home-Value
0.2728
More affordable than average
Migration Inflow
2.95%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$479,000
Days on Market
83
Slower market
Months of Supply
7.1
Buyer's market
Sale-to-List Ratio
99.1%
Near asking price
Sold Above List
28.6%
Listings w/ Price Drops
10.5%
Building Permits (2024)
282
Single-Family Permits
242

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$100M
TOTAL
PROJECT AMOUNT STATUS
Colonial Theater Redevelopment
Belknap Economic Development Council (and partners)
$50M Under Construction
Residential New Construction Portfolio
Multiple Developers
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.5% 78 percentile
Population Growth +0.8% 65 percentile
Income Growth +7.6% 28 percentile
Vacancy Rate 0.6% 92 percentile
Home Price Change +3.0% 72 percentile
Rent Growth +8.0% 95 percentile
Price/Rent 14x 46 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Belknap County, NH a good place to move to?

Belknap County has a Boom Town Index score of 80/100, ranking #197 among 996 U.S. counties. With job growth at +1.1% and a median household income of $80,719, it's an above-average county on economic indicators.

Is Belknap County affordable?

The median home value in Belknap County is $295,900 with median rent at $1,153/month. The income-to-home-value ratio is 0.2728, which is more affordable than the national average.

Is Belknap County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +1.1%. Home values changed +3.0% in the past 12 months.

Are people moving to Belknap County?

Yes — 2.95% of Belknap County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Bergen County, NJ 90 Passaic County, NJ 90 Ashtabula County, OH 90 Lapeer County, MI 90 Cheshire County, NH 90 Buffalo County, NE 90 Nassau County, NY 90 Schenectady County, NY 90