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Mortgage Payment Calculator for Manchester, NH

Updated 2026 ยท Local data pre-filled

๐Ÿ“ Customized for Manchester, New Hampshire

The median home price in Manchester, NH is $420,000, with an effective property tax rate of 2.20% โ€” higher than the national average of 1.10%. We've pre-filled the calculator with local figures so your estimate reflects what buyers actually pay in Manchester.

Median Home
$420k
Median Rent
$1,598/mo
Median Income
$76k/yr
Property Tax
2.20%
Cost of Living
113 / 100 avg

โœ“ Calculator below is pre-filled with Manchester local data

How Manchester Compares to the National Average

Understanding how Manchester stacks up helps you calibrate your financial planning.

MetricManchester, NHUS AverageDifference
Median Home Price$420,000$420,800-0.2%
Median Monthly Rent$1,598$1,713-6.7%
Median Household Income$76,400$74,580+2.4%
Property Tax Rate2.20%1.10%+100.0%
Cost of Living Index113100+13.0%

Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024โ€“2025). Green = favorable for residents; red = less favorable.

Manchester Financial Snapshot

Population (Metro)
415,000
Unemployment
3.0%
Avg Commute
26 min
Median Age
38.8
Price-to-Rent Ratio
21.9x
Annual Property Tax
$9,240

Frequently Asked Questions โ€” Manchester

What is the median home price in Manchester, NH?

The median home price in Manchester is $420,000 as of 2025โ€“2026. This is below the national median of $420,800.

What is the average rent in Manchester?

Median monthly rent in Manchester is $1,598. That works out to $19,176/year, or 25% of the median household income โ€” within the commonly recommended 30% of income guideline.

Is Manchester affordable?

Manchester's cost of living index is 113 vs. the national average of 100. With a median household income of $76,400/year and a median home price of $420,000, the price-to-income ratio is 5.5x. Manchester falls in the middle of the affordability spectrum for US cities.

What is the property tax rate in Manchester?

The effective property tax rate in Manchester is 2.20% of assessed value. On the median home of $420,000, that's roughly $9,240/year ($770/month).