Wealth Index
Wealthiest county in New Hampshire
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.
Income Statistics Overview
| Metric | Rockingham County | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Household Income | $114,738 | $96,071 | $78,145 |
| Median Personal Income | $82,587 | $69,963 | $61,726 |
| Average income growth | 4.8% | 4.9% | 5.1% |
| Six-Figure Earners | 21.2% | 16.0% | 13.2% |
The median household income in Rockingham County is about 19% higher than in New Hampshire. Income has been growing slower in Rockingham County (4.8%/yr) than in New Hampshire (4.9%/yr).
About 21% of adults in Rockingham County earn six figures ($100,000 or more) a year, higher than the New Hampshire average of 16%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Rockingham County, New Hampshire grew by 53.3% from 2009 to 2023, reaching $114,738 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Rockingham County | Gender Pay Gap | Gini Coefficient
| Metric | Rockingham County | New Hampshire Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.517 | 0.528 | 0.570 |
| Male Median Income | $91,645 | $78,341 | $67,746 |
| Female Median Income | $71,088 | $61,319 | $54,793 |
| Gender Pay Gap | 22.4% | 21.7% | 19.1% |
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 Rockingham County, it is 0.517, lower than New Hampshire's 0.528, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 29% more than women's income in Rockingham County, New Hampshire. Over a 35-year career, a 29% wage gap accumulates to roughly $719,495 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rockingham County, New Hampshire has narrowed from about 32% to 22% in 2023. In dollar terms, the gap has widened by $867 since 2009.
Employment
| Metric | Rockingham County | New Hampshire Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 3.4% | 5.2% |
| Working from Home | 17.2% | 15.1% | 13.4% |
| Commute time (minutes) | 25 | 22 | 22 |
Approximately 6,292 people are unemployed in Rockingham County, New Hampshire.
The average commute time in Rockingham County is 25 minutes, longer than the 22 minutes in New Hampshire.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rockingham County, New Hampshire has fallen from 5.9% to 3.5% in 2023.
Conclusion
Considering all these factors, Rockingham County, New Hampshire has an overall wealth index grade of A, making it somewhat better than New Hampshire, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Rockingham County, New Hampshire.
How Rich Is Rockingham County, New Hampshire?
Rockingham County has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $114,738, about 19% higher than the New Hampshire average of $96,071.
What is the current median household income in Rockingham County, New Hampshire?
As of 2023, the median household income in Rockingham County, New Hampshire is $114,738.
What was the median household income in Rockingham County in 2023?
In 2023, the median household income in Rockingham County, New Hampshire was $114,738.
What was the median household income in Rockingham County in 2020?
In 2020, the median household income in Rockingham County, New Hampshire was $95,147.
What is the Gini coefficient in Rockingham County, New Hampshire?
The Gini coefficient in Rockingham County is 0.517. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Rockingham County, New Hampshire?
Since 2009, the income gap between men and women in Rockingham County, New Hampshire has narrowed from about 32% to 22% in 2023. In dollar terms, the gap has widened by $867 since 2009.