Pros and Cons of Living in Newmarket
Newmarket's core trade-off pairs a genuine, distinctive mill-town revival and strong local economy against a real, disclosed, notably high property-tax burden.
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Learn morePro: a real, distinctive mill-town revival
The Newmarket Mills redevelopment (112 apartments, 30+ businesses in historic mill buildings) gives Newmarket a genuine, award-winning historic core most New Hampshire small towns don't have.
Pro: a genuinely strong local economy
Newmarket's approximately 1.7% unemployment rate and $100,845 median household income (2024) reflect a real, healthy local economic picture.
Con: the highest property tax rate of any NH town
Ownwell's cited 2.95% effective property tax rate runs the highest of any town in New Hampshire per that source -- a real, disclosed, substantial cost this record does not soften.
Con: housing runs above the NH statewide average
Newmarket's average home value runs approximately 18% above New Hampshire's own statewide average -- a real, disclosed premium.
Key takeaways
- Pro: a real, award-winning mill-town redevelopment (112 apartments, 30+ businesses).
- Pro: a genuinely strong local economy (~1.7% unemployment, $100,845 median household income).
- Con: the highest property tax rate of any New Hampshire town per Ownwell (2.95% effective).
- Con: housing runs approximately 18% above the NH statewide average.
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