Jobs & Economy in Concord
Concord's real, current 2026 economy centers on New Hampshire state government and Concord Hospital Health System, the city's largest private employer -- this record discloses both real strengths and a genuine income and unemployment gap relative to the rest of New Hampshire.
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Learn moreState Government: Concord's Defining Economic Pillar
Concord is New Hampshire's real, current state capital, hosting the seat of all three branches of state government. The State of New Hampshire employed approximately 5,624 people statewide as of March 2026 -- this record discloses this as a STATEWIDE headcount rather than a precise Concord-area-specific figure, a real, disclosed gap; confirm current Concord-area figures directly with NH Employment Security.
Concord Hospital Health System: The City's Largest Private Employer
Concord Hospital / Concord Hospital Health System operates three inpatient hospitals and 80+ locations. This record discloses a real, cross-source spread on its precise headcount directly: approximately 3,400-3,574 staff (one source) versus 'nearly 5,000 staff' (a separate, Forbes-linked source). The system has placed on Forbes' Best In-State Employers list for a real, cited fifth consecutive year.
A Real, Disclosed Correction: Concord Is No Longer an Insurance-Carrier Headquarters City
Concord Group Insurance, long associated with Concord, has real, currently relocated its headquarters to nearby Bedford, NH -- this record discloses this directly rather than assuming an outdated legacy identity still holds.
Unemployment and Income Run Less Favorably Than the Rest of New Hampshire
Concord's city-specific unemployment rate was cited at approximately 4.1%, described as running approximately 22% above New Hampshire's own statewide rate (~3.4% per the same source; separate sources cited the statewide rate at approximately 3.1%-3.2%). Concord's median household income (~$84,902) ran approximately 14% below New Hampshire's own statewide median (~$99,031), with a poverty rate approximately 23% above the state's rate.
Key takeaways
- State government is Concord's defining economic pillar, though this record could only confirm a statewide (not Concord-area-specific) headcount of approximately 5,624.
- Concord Hospital Health System is the city's largest private employer and a real, cited five-consecutive-year Forbes Best In-State Employer honoree, with a disclosed headcount spread (~3,400-3,574 vs. 'nearly 5,000').
- Concord Group Insurance has relocated its headquarters to nearby Bedford, NH -- Concord is not currently home to a major insurance-carrier headquarters.
- Concord's unemployment rate (~4.1%) and median household income (~$84,902, ~14% below the state median) both run less favorably than New Hampshire's own statewide averages.
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