Pros and Cons of Living in Peterborough

Peterborough's core trade-off pairs genuinely low crime, strong schools, and a real cultural identity against housing costs close to New Hampshire's already-high statewide average and a real, documented flood history.

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Pro: genuinely low crime and strong schools

Peterborough's crime rate runs among the lower rates in America, and ConVal Regional High School carries a cited ~90% graduation rate.

Pro: a real, verified 'Our Town' cultural identity

Thornton Wilder's real, documented inspiration for Grover's Corners, reinforced by MacDowell's continuing operation as an active artist colony, gives Peterborough a genuine, distinctive character.

Con: housing near New Hampshire's own high statewide average

Peterborough's housing (a real $418,497-$467,997 range) runs close to New Hampshire's own already-elevated $523,000-$533,000 statewide figures -- not a clearly below-average option.

Con: a real, documented flood history

The April 2007 flood produced the highest peak discharge ever recorded at Peterborough's own Contoocook River streamgage -- a real, disclosed consideration for river-adjacent properties.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.