Living in Amherst, New Hampshire
Cost of living, income, home prices, rent and demographics of Amherst · Census data 2020–2024
Amherst has 11,861 residents with a median age of 45.9. The median household income is $153,196 (55% higher than the New Hampshire median), the median home value is $537,600, the median rent is $1,462/month.
Amherst at a glance
- Population
- 11,861
- Median age
- 45.9State: 43.3
- Median household income
- $153,196State: $99,031
- Median home value
- $537,600State: $402,500
- Median rent
- $1,462/moState: $1,491
- Homeowners
- 91.9%
- Bachelor's degree or higher
- 65.7%
- Average commute
- 33 min
Is Amherst a good place to live?
Pros: Median household income 55% higher than the New Hampshire median; unemployment of 1.5%; a poverty rate of 4.4%.
Cons: Home values 34% higher than the state median; an average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Amherst
Housing is the biggest part of the cost of living. In Amherst the median home value is $537,600, 62% higher than the U.S. median. Renters pay a median of $1,462 per month, which is 27.2% of household income. Homeowners with a mortgage pay $2,877 a month in housing costs.
Amherst median household income
The median household income in Amherst is $153,196 and the income per person is $74,537. 4.4% of residents live below the poverty line (New Hampshire: 7.2%).
Housing in Amherst: homes for sale and rent
- Housing units
- 4,584
- Owner-occupied
- 91.9%
- Renter-occupied
- 8.1%
- Vacant
- 0.3%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.60
Amherst demographics
- Population
- 11,861
- Median age
- 45.9
- Under 18
- 22.4%
- 65 and older
- 20.2%
- Households
- 4,569
- Foreign-born
- 4.6%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Amherst ›
Education in Amherst
65.7% of adults 25 and older in Amherst have a bachelor's degree or higher (New Hampshire: 40.6%), and 29.9% have a graduate or professional degree.
Jobs and commute in Amherst
- Unemployment rate
- 1.5%State: 3.3%
- Average commute
- 33 minState: 27 min
- Work from home
- 32.4%
- Drive alone
- 60.2%
- Public transit
- 0.2%
- Walk to work
- 0.8%
- Homes with broadband
- 98.2%
Amherst vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Amherst | 11,861 | $153,196 | $537,600 | $1,462 |
| Merrimack | 28,164 | $127,219 | $458,600 | $1,932 |
| Bedford | 23,746 | $167,418 | $612,100 | $2,099 |
| Mont Vernon | 2,636 | $158,036 | $526,300 | $1,104 |
| Milford | 16,337 | $97,768 | $398,800 | $1,661 |
| East Merrimack | 5,081 | $87,311 | $291,500 | $1,952 |
| Litchfield | 8,499 | $162,036 | $485,000 | $2,138 |
| New Boston | 6,165 | $154,250 | $481,100 | $1,193 |
| Lyndeborough | 1,616 | $116,964 | $390,900 | $1,482 |
More for people moving to Amherst
Amherst ZIP code ›Weather and climate ›Living in Amherst: FAQ
What is the median household income in Amherst, NH?
The median household income in Amherst is $153,196, 55% higher than the New Hampshire median of $99,031 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Amherst?
The median home value in Amherst is $537,600, compared with $402,500 in New Hampshire.
How much is rent in Amherst?
The median gross rent in Amherst is $1,462 per month, about 27.2% of household income.
Is Amherst, NH a good place to live?
Pluses: median household income 55% higher than the New Hampshire median; unemployment of 1.5%; a poverty rate of 4.4%. Minuses: home values 34% higher than the state median; an average commute of 33 minutes.
What is the median age in Amherst?
The median age in Amherst is 45.9 years (New Hampshire: 43.3).
How long is the commute in Amherst?
The average commute to work in Amherst is 33 minutes; 32.4% of workers work from home.
What is the unemployment rate in Amherst?
The unemployment rate in Amherst is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Amherst?
65.7% of adults in Amherst have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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