Cheshire County, New Hampshire Income Statistics
Cheshire County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Cheshire County Around averageAmong the 3 least wealthy counties in New Hampshire
Source: Map AI Methodology
Income Statistics Overview
| Metric | Cheshire County | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Household Income | $82,926 | $99,079 | $80,455 |
| Median Personal Income | $57,456 | $68,664 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.7% | 4.8% |
| Six-Figure Earners | 10.8% | 16.8% | 13.9% |
| $200k+ Households | 9.9% | 16.8% | 13.2% |
The median household income in Cheshire County is about 16% lower than in New Hampshire. Income has been growing slower in Cheshire County (4.5%/yr) than in New Hampshire (4.7%/yr).
About 11% of adults in Cheshire County earn six figures ($100,000 or more) a year, lower than the New Hampshire average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Cheshire County, New Hampshire grew by 48.5% from 2009 to 2024, reaching $82,926 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Cheshire County
| Metric | Cheshire County | New Hampshire Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.508 | 0.552 |
| Male Median Income | $67,389 | $81,033 | $69,667 |
| Female Median Income | $54,659 | $62,970 | $56,850 |
| Gender Pay Gap | 18.9% | 22.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Cheshire County, it is 0.506, about the same as New Hampshire's 0.508, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 23% more than women's income in Cheshire County, New Hampshire. Over a 35-year career, a 23% wage gap accumulates to roughly $445,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Cheshire County, New Hampshire has narrowed from about 21% to 19% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 16% in 2020. In dollar terms, the gap has widened by $3,127 since 2009.
Employment
| Metric | Cheshire County | New Hampshire Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 3.3% | 5.2% |
| Working from Home | 13.1% | 16.8% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 1,346 people are unemployed in Cheshire County, New Hampshire.
The average commute time in Cheshire County is 18 minutes, shorter than the 22 minutes in New Hampshire.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Cheshire County, New Hampshire has fallen from 8.8% to 3.3% in 2024. Over that period the rate peaked at 8.8% in 2012 and fell as low as 3.3% in 2023.
Cheshire County, NH Wealth Compared With Nearby Counties
Cheshire County, NH is typical in size for this group, 77,281 residents against a local median of 70,937, so the measures below are close to a like for like comparison. The measure that sets Cheshire County, NH apart most is unemployment: 3.3%, 30% below the local median of 4.8%. That is the better end of the local range on this measure.
The counties themselves spread 2.3% on unemployment, so Cheshire County, NH sits at one end of an already wide local range rather than apart from it. Cheshire County, NH has the 3rd lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Cheshire County, NH | 77,281 | $82,926 #3/6 | 4.5%/yr #2/6 | 3.3% #3/6 | 0.506 #3/6 |
| Sullivan County, NH | 43,677 | $79,965 | 3.9%/yr | 3.1% | 0.506 |
| Windham County, VT | 45,878 | $72,854 | 4.6%/yr | 4.8% | 0.509 |
| Franklin County, MA | 70,937 | $74,921 | 3.6%/yr | 5.4% | 0.504 |
| Hillsborough County, NH | 426,152 | $103,775 | 4.5%/yr | 3.1% | 0.499 |
| Worcester County, MA | 867,628 | $95,680 | 4.5%/yr | 5.3% | 0.531 |
Conclusion
Considering all these factors, Cheshire County, New Hampshire has an overall wealth index grade of B, making it about on par with New Hampshire, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Cheshire County, New Hampshire.
How Rich Is Cheshire County, New Hampshire?
Cheshire County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $82,926, about 16% lower than the New Hampshire average of $99,079.
Are incomes growing in Cheshire County, New Hampshire?
Between 2009 and 2024, the median household income in Cheshire County, New Hampshire rose 48%, from $55,855 to $82,926. Over the same years, income here lagged behind New Hampshire as a whole: +48% against +57%.
What was the median household income in Cheshire County in 2023?
In 2023, the median household income in Cheshire County, New Hampshire was $80,753, up 6% from $76,370 in 2022. The New Hampshire median that year was $96,073.
What was the median household income in Cheshire County in 2020?
In 2020, the median household income in Cheshire County, New Hampshire was $65,713. By 2024 it had risen 26% to $82,926.
What is the Gini coefficient in Cheshire County, New Hampshire?
The Gini coefficient in Cheshire County is 0.506. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Cheshire County, New Hampshire?
Since 2009, the income gap between men and women in Cheshire County, New Hampshire has narrowed from about 21% to 19% in 2024. Over that period the gap was widest at 25% in 2011, and was narrowest at 16% in 2020. In dollar terms, the gap has widened by $3,127 since 2009.
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