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Belknap County, NH

Laconia

RANK #352 / 996 NAT  ·  POP 63,914

1YR FORECAST: +1.9%

5YR OUTLOOK: +27%

Belknap County's housing market is projected to grow +1.9% over the next year, tracking near the national average.

[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] Top Employers

  1. 1
    J Jill Distribution Ctr Logistics
    1,000+
  2. 2
    Quality Insulation of Meredith Other
  3. 3
    Concord Hospital-Laconia Healthcare
    500+
  4. 4
    New Hampshire Ball Bearings Manufacturing
    250+
  5. 5
    Veterans Home Government
  6. 6
    Titeflex Aerospace Manufacturing
  7. 7
    Belknap County Government Government
  8. 8
    Walmart Supercenter Retail
  9. 9
    Casella Other
    100+
  10. 10
    Market Basket Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
31.9%
of residents (national avg: 33%)

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] Crime & Safety

C+
SAFETY
GRADE
Firearm Fatalities
12.1
per 100K · nat avg 14.8
Injury Deaths
106.4
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
32.7
Good
Good Air Days
91%
989 of 1,088 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
31
2022
32
2023
35
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 64/100, Belknap County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.1%, and median household income stands at $80,719 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NH.

Is Belknap County affordable?

Housing in Belknap County is roughly in line with national affordability norms. The median home costs $295,900 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,153/month. Not a bargain, but not a stretch for most local earners either.

Is Belknap County growing or shrinking?

Belknap County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +1.1% clip. Home values shifted +3.0% in the past year.

Are people moving to Belknap County?

There's a moderate stream of newcomers. About 2.95% of residents moved from another state, which is above average and suggests Belknap County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Carroll County, NH 56 Cheshire County, NH 53 Hillsborough County, NH 42 Merrimack County, NH 36 Grafton County, NH 36 Strafford County, NH 19 Lamar County, MS 64 Angelina County, TX 64