Hillsborough, NH
Population 1,582 · New Hampshire
About Hillsborough, NH
Hillsborough is a small town located in New Hampshire with a population of 1,582 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,417 per year, which is 14% below the national median of $75,149. The median age of 42.4 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 Hillsborough features a median home value of $197,500, which is 19% below the national median of $244,900. This positions Hillsborough in a moderately priced market relative to the rest of the country. Median monthly rent is $963, 17% below the national average of $1,163/month. Of the 813 total housing units, 73% are owner-occupied (509 units) and 27% are renter-occupied (190 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hillsborough shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hillsborough have an average one-way commute time of 39 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
10.7% of Hillsborough residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.9% White, 6.4% Hispanic or Latino, 4.7% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
How Hillsborough Ranks in New Hampshire
Cost of Living in Hillsborough, NH
Compared to national averages, Hillsborough has a median household income of $64,417 (14% below the national median of $75,149). Home values average $197,500, which is 19% below the national median. Monthly rent at $963 is 17% below the US average of $1,163. Within New Hampshire, Hillsborough's income is 19% below the state average of $79,671, and home values are 35% below the state median of $303,204.
Why Live in Hillsborough, NH?
Hillsborough offers affordable housing with a median home value of $197,500, below the US average of $244,900, and rent that’s lower than the national average at $963/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.9%, better than the national average.
Potential considerations include median household income ($64,417) that falls below the national average. However, Hillsborough’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hillsborough has a population of 1,582 with a median age of 42.4 years. Compare Hillsborough with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Hillsborough
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilton | 1,444 | $81,042 | $287,300 | Compare |
| Whitefield | 1,438 | $62,273 | $165,000 | Compare |
| Ashland | 1,417 | $41,429 | $169,000 | Compare |
| New London | 1,398 | $85,938 | $365,800 | Compare |
| Winchester | 1,394 | $65,893 | $206,900 | Compare |
| Woodsville | 1,387 | $56,610 | $200,000 | Compare |
| Hinsdale | 1,382 | $69,576 | $214,400 | Compare |
| Contoocook | 1,370 | $131,518 | $399,400 | 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 Hillsborough With Other Cities
Frequently Asked Questions about Hillsborough
What is the population of Hillsborough, NH?
The population of Hillsborough, NH is 1,582 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 Hillsborough?
The median household income in Hillsborough, NH is $64,417 per year, which is 14% below the national median of $75,149.
What is the median home value in Hillsborough?
The median home value in Hillsborough, NH is $197,500, which is 19% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hillsborough?
The median monthly rent in Hillsborough, NH is $963, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Hillsborough?
The unemployment rate in Hillsborough, NH is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hillsborough, NH a good place to live?
Hillsborough offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,582 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Hillsborough, NH?
10.7% of residents in Hillsborough 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 Hillsborough?
Key cost-of-living indicators for Hillsborough, NH: median home value is $197,500 (19% below national), median rent is $963/month, and median household income is $64,417. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hillsborough?
The poverty rate in Hillsborough, NH is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hillsborough, NH?
Hillsborough's population is 0.9% White, 6.4% Hispanic or Latino, 4.7% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.