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Belknap County, NH

RANK #448 / 1001 NAT  ·  POP 64,659

1YR FORECAST: +2.2%

5YR OUTLOOK: +18%

Belknap County's housing market is projected to grow +2.2% 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.

MARKET PROFILE
LEANS TOWARD

Secondary Market Surge

Belknap County is one of 35 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +3.0% runs above the profile's typical +1.4%.

See all 35 Secondary Market Surge counties →

[02] Market Snapshot

Housing Ratio
16.3x

Overvalued relative to economy

Home Prices
+3.0%

Above national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 16.3x — home prices are high 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
64,659
+0.56% YoY
Median Household Income
$92,783
Median Home Value
$374,900
+2.99% 12mo
Median Rent
$1,167
Average Annual Pay
$57,397
+0.7% YoY
Employment
25,915
+0.2% YoY
Income-to-Home-Value
0.2475
Near national average
Migration Inflow
3.02%
of pop. from another state
Bachelor's Degree+
33.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$536,000
Days on Market
45
Moderate pace
Months of Supply
6.0
Buyer's market
Sale-to-List Ratio
99.0%
Near asking price
Sold Above List
32.0%
Listings w/ Price Drops
22.9%
Building Permits (2025)
423
Single-Family Permits
332

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

[05] Crime & Safety

C+
SAFETY
GRADE
Firearm Fatalities
12.1
per 100K · nat avg 13.4
Injury Deaths
106.4
per 100K · nat avg 83.6
vs National Average
—
based on homicide rate

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Belknap County stands nationally: safest large counties in America · highest homicide-rate counties.

[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

Population Growth +0.6% 46 percentile
Income Growth +5.5% 93 percentile
Vacancy Rate 0.4% 95 percentile
Home Price Change +3.0% 63 percentile
Rent Growth +5.2% 80 percentile
Price/Rent 16x 38 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Belknap County scores 55/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#448). Median household income is $92,783 and job growth is running at +0.2%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Belknap County affordable?

Belknap County leans toward the expensive side. A median home value of $374,900 against an income-to-home-value ratio of 0.25 means housing eats a bigger share of local earnings than the national norm. Renters face $1,167/month on average.

Is Belknap County growing or shrinking?

Belknap County's population is growing — up +0.6% YoY — while the job market is roughly flat (employment change of +0.2%). Home values shifted +3.0% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Belknap County?

There's a moderate stream of newcomers. About 3.02% 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

Cheshire County, NH 61 Merrimack County, NH 42 Grafton County, NH 74 Rockingham County, NH 36 Hillsborough County, NH 32 Strafford County, NH 29 St. Joseph County, MI 55 Grand Forks County, ND 55