New Hampshire's median household income increased in 2023, poverty remained steady.

New data from the U.S. Census Bureau reveals that the median household income in New Hampshire increased in 2023, recovering to 2021 levels after a decline in 2022. However, the poverty rate remained steady at 7.2 percent, indicating that nearly 100,000 residents in the state had very little income despite the overall increase in purchasing power. The data also shows that 25 percent of households had pre-tax incomes below $50,000 annually, while 48 percent had incomes over $100,000. It is important to note that poverty rates can vary depending on the measure used, and while New Hampshire had the lowest poverty rate according to the Official Poverty Measure, other measures such as the Supplemental Poverty Measure show different results. The data also highlights disparities in economic hardship between different racial and ethnic groups, with poverty rates varying among these populations. [Extracted from the article]