| Foreclosures in New Hampshire
Population:
41st largest U.S. State by population, with 1,324,575 people (2009 estimate). 46th largest state in the country by area, at 9,350 square miles.
Largest city: Manchester
Median income:$63,731 (2008 estimate)
Climate:
Yearly rainfall: 36.5 inches per year
Yearly snowfall: 64 inches per year in Concord; 261 inches per year in Mount Washington
Temperatures (High/Low) in capital city of Concord:
January, 31/10; July, 83/58
Foreclosures:
Foreclosure activity for 2009 increased in New Hampshire over the prior year. There was a total of 7,210 properties with filings. That works out to a rate of one filing for every 82 households, which compares to the United States average of 45, and is a little more than one percent of the state’s housing units.
Those figures represent a 8 percent increase over 2008 and a 482 percent increase over 2007.
In 2008 there were about 18,400 existing homes (including condos, co-ops, and single-family homes but excluding new homes) sold in New Hampshire.
Economy:
New Hampshire's biggest employers are government (including health, education and general services,) and manufacturing. The state has benefitted from a migration of high-tech, and electrical machinery manufacturing firms from its neighbors, who tend to have significantly higher corporate tax rates. Its small agricultural sector specializes in dairy, apples, cattle and nursery stock. Along with its neighbor Vermont, New Hampshire is also regionally famous for its bed and breakfasts, which draw a substantial number of tourists each year.
Noteworthy: New Hampshire has a proud libertarian tradition which is exemplified in its motto: “Live free or die.”
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