Wolfeboro, NH
Population 2,420 · New Hampshire
About Wolfeboro, NH
Wolfeboro is a small town located in New Hampshire with a population of 2,420 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,721 per year, which is 33% below the national median of $75,149. The median age of 64.8 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 Wolfeboro features a median home value of $363,200, which is 48% above the national median of $244,900. This positions Wolfeboro in a moderately priced market relative to the rest of the country. Median monthly rent is $1,111, 4% below the national average of $1,163/month. Of the 1,865 total housing units, 83% are owner-occupied (989 units) and 17% are renter-occupied (209 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wolfeboro 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 13.5%, above the national average of 12.4%. Workers in Wolfeboro have an average one-way commute time of 26.7 minutes.
Education & Demographics
45.2% of Wolfeboro residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.8% White, 3.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.6% of the population being foreign-born.
How Wolfeboro Ranks in New Hampshire
Cost of Living in Wolfeboro, NH
Compared to national averages, Wolfeboro has a median household income of $50,721 (33% below the national median of $75,149). Home values average $363,200, which is 48% above the national median. Monthly rent at $1,111 is 4% below the US average of $1,163. Within New Hampshire, Wolfeboro's income is 36% below the state average of $79,671, and home values are 20% above the state median of $303,204.
Why Live in Wolfeboro, NH?
Wolfeboro offers rent that’s lower than the national average at $1,111/month, and a strong job market with an unemployment rate of just 1.1%, and a well-educated community where 45.2% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($50,721) that falls below the national average. However, Wolfeboro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolfeboro has a population of 2,420 with a median age of 64.8 years. Compare Wolfeboro with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Wolfeboro
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Peterborough | 2,343 | $81,836 | $323,700 | Compare |
| North Conway | 2,286 | $73,344 | $271,100 | Compare |
| Lancaster | 2,264 | $92,525 | $182,900 | Compare |
| Hampton Beach | 2,585 | $75,363 | $443,200 | Compare |
| Bristol | 2,157 | $60,972 | $192,900 | Compare |
| Gorham | 2,044 | $60,417 | $136,300 | Compare |
| Epping | 2,808 | $80,987 | $334,700 | Compare |
| Henniker | 2,880 | $73,339 | $267,500 | 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 Wolfeboro With Other Cities
Frequently Asked Questions about Wolfeboro
What is the population of Wolfeboro, NH?
The population of Wolfeboro, NH is 2,420 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 Wolfeboro?
The median household income in Wolfeboro, NH is $50,721 per year, which is 33% below the national median of $75,149.
What is the median home value in Wolfeboro?
The median home value in Wolfeboro, NH is $363,200, which is 48% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wolfeboro?
The median monthly rent in Wolfeboro, NH is $1,111, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Wolfeboro?
The unemployment rate in Wolfeboro, 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 Wolfeboro, NH a good place to live?
Wolfeboro offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 2,420 and a median age of 64.8, the city appeals to established professionals and retirees.
How educated is Wolfeboro, NH?
45.2% of residents in Wolfeboro aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wolfeboro?
Key cost-of-living indicators for Wolfeboro, NH: median home value is $363,200 (48% above national), median rent is $1,111/month, and median household income is $50,721. The home-value-to-income ratio is 7.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Wolfeboro?
The poverty rate in Wolfeboro, NH is 13.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Wolfeboro, NH?
Wolfeboro's population is 1.8% White, 3.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.6% of residents are foreign-born.