Gorham, NH
Population 2,044 · New Hampshire
About Gorham, NH
Gorham is a small town located in New Hampshire with a population of 2,044 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,417 per year, which is 20% below the national median of $75,149. The median age of 54.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Gorham features a median home value of $136,300, which is 44% below the national median of $244,900. This makes Gorham one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $774, 33% below the national average of $1,163/month. Of the 1,212 total housing units, 73% are owner-occupied (780 units) and 27% are renter-occupied (285 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gorham shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gorham have an average one-way commute time of 23.3 minutes.
Education & Demographics
24.5% of Gorham residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
How Gorham Ranks in New Hampshire
Cost of Living in Gorham, NH
Compared to national averages, Gorham has a median household income of $60,417 (20% below the national median of $75,149). Home values average $136,300, which is 44% below the national median. Monthly rent at $774 is 33% below the US average of $1,163. Within New Hampshire, Gorham's income is 24% below the state average of $79,671, and home values are 55% below the state median of $303,204.
Why Live in Gorham, NH?
Gorham offers affordable housing with a median home value of $136,300, below the US average of $244,900, and rent that’s lower than the national average at $774/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($60,417) that falls below the national average. However, Gorham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gorham has a population of 2,044 with a median age of 54.8 years. Compare Gorham with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Gorham
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bristol | 2,157 | $60,972 | $192,900 | Compare |
| Enfield | 1,917 | $78,583 | $274,500 | Compare |
| Pittsfield | 1,882 | $50,804 | $242,600 | Compare |
| Lancaster | 2,264 | $92,525 | $182,900 | Compare |
| North Conway | 2,286 | $73,344 | $271,100 | Compare |
| Peterborough | 2,343 | $81,836 | $323,700 | Compare |
| Wolfeboro | 2,420 | $50,721 | $363,200 | Compare |
| Hillsborough | 1,582 | $64,417 | $197,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Hampshire
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gorham With Other Cities
Frequently Asked Questions about Gorham
What is the population of Gorham, NH?
The population of Gorham, NH is 2,044 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Hampshire.
What is the median household income in Gorham?
The median household income in Gorham, NH is $60,417 per year, which is 20% below the national median of $75,149.
What is the median home value in Gorham?
The median home value in Gorham, NH is $136,300, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gorham?
The median monthly rent in Gorham, NH is $774, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Gorham?
The unemployment rate in Gorham, NH is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gorham, NH a good place to live?
Gorham offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,044 and a median age of 54.8, the city appeals to established professionals and retirees.
How educated is Gorham, NH?
24.5% of residents in Gorham aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Gorham?
Key cost-of-living indicators for Gorham, NH: median home value is $136,300 (44% below national), median rent is $774/month, and median household income is $60,417. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gorham?
The poverty rate in Gorham, NH is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gorham, NH?
Gorham's population is 0.0% White, 0.1% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.