Concord, New Hampshire is a moderately-sized city with a population of 42,634 residents. According to the most recent Census, 91% of Concord residents are White, 4% Asian and 2% Black. If finding a family friendly city is important to you, look no further. With more than 72% of the population considered married and 59% with kids under the age of 18, Concord could be considered a very suitable city for families.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the city before actually living in Concord, New Hampshire. Finding the best places to live in Concord and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, weather, education, housing and other important metrics.
Concord, NH receives 71 out of 100 for its livability score; this results in a ranking of #18 in New Hampshire and #9,008 in the USA. If we take a closer look at each of the categories individually, we see that Concord ranks well for amenities (A+) and crime (B). Concord does not fare well for the following: cost of living (F), weather (F) and education (D). It might be wise to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Concord has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Capitol Center for the Arts, McAuliffe-Shepard Discovery Center, and State Capitol.
Concord real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Concord. The median home price for Concord homes is $204,600, which is 14.6% lower than the New Hampshire average. If we take a closer look at the affordability of homes in Concord, we’ll see that the home price to income ratio is 3.6, which is 2.9% higher than the New Hampshire average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Concord area were 7% and 5 year appreciation rates were 5.4%.