Rockingham County · New Hampshire · Northeast · 23k residents
Portsmouth, NH: economy, jobs & business costs
The site-selection read on Portsmouth: labor costs, talent, corporate tax, energy, and business activity, with the New Hampshire median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,465/wk. New Hampshire's corporate income tax rate is 7.5%. Commercial electricity averages 19.4¢/kWh.
Compare Portsmouth side by side
Avg. weekly wage
$1,465/wk
Corporate income tax
7.5%
Bachelor's degree or higher
64%
Commercial electricity
19.4¢/kWh
Economic momentum
How fast Portsmouth's economy is moving, ranked against the US cities we track.
46/100
Steady
Ranks Portsmouth's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $688,500 |
| Price per sq. ft. | $275 |
| Property tax rate | 1.9% |
| 1-bedroom rent | $1,324/mo |
| 2-bedroom rent | $2,108/mo |
| State & local income tax | 0% |
| Sales tax | 0% |
| Corporate income tax | 7.5% |
| Avg. weekly wage | $1,465/wk |
| Bachelor's degree or higher | 64% |
| Commercial electricity | 19.4¢/kWh |
| Businesses per 1k residents | 36.6/1k |
| Wage: Software developer | $166,090 |
| Wage: Registered nurse | $106,180 |
| Wage: General manager | $133,800 |
| Wage: Customer service | $49,920 |
| Wage: Warehouse worker | $37,700 |
| Wage: Heavy truck driver | $64,010 |
| Wage: Electrician | $79,910 |
| Wage: Retail salesperson | $36,850 |
| Cost of living index | 131 |
| Groceries index | 104 |
| Utilities | $220/mo |
| Transit pass | $50/mo |
| Gas price | $3.20/gal |
| Healthcare index | 106 |
| Childcare (per child) | $1,300/mo |
| Median household income | $106,219 |
| Unemployment rate | 2.6% |
| Population | 23k |
| Crime index | 20/100 |
| School rating | 7.7/10 |
| Walkability | 30/100 |
| Disaster risk | 86/100 |
| Avg. commute | 27 min |
| Sunny days / year | 180 days |
| July high | 81°F |
| January low | 16°F |
| Annual snowfall | 65 in |
| Home price YoY | +3.7% |
| Home price MoM | -0.2% |
| Rent YoY | +4.0% |
| Rent MoM | -0.1% |
| Employment (jobs) YoY | +0.2% |
| Building permits YoY | — |
| Ocean coast | 3 mi |
| Big lake | 45 mi |
| Mountains | 87 mi |
| Major airport | 50 mi |
| Ski resort | 69 mi |
Popular comparisons
Nearby
- Dover, NH · 33k
- Rochester, NH · 33k
- Derry, NH · 21k
- Manchester, NH · 116k
- Concord, NH · 44k
Similar size
- Keene, NH · 23k
- Laconia, NH · 17k
- Nashua, NH · 91k
Real listings in Portsmouth
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Portsmouth a good place to run a business?
- New Hampshire's corporate income tax rate is 7.5%; average weekly wages in the surrounding labor market run $1,465/wk; commercial electricity averages 19.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Portsmouth, NH?
- Portsmouth indexes at 131 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,108/mo and a acs median home value of $688,500.
- How much does a house cost in Portsmouth?
- The acs median home value in Portsmouth is $688,500 (Census ACS estimate; individual listings vary).
- How much is rent in Portsmouth?
- A two-bedroom in Portsmouth rents for about $2,108/mo.