Laconia, NH Profile: Facts & Data

The City of Laconia is the 9th largest city in New Hampshire with a population of 17,383 as of July 1, 2024.

The primary coordinate point for Laconia is located at latitude 43.5279 and longitude -71.4704 in Belknap County. The formal boundaries for the City of Laconia encompass a land area of 19.82 sq. miles and a water area of 6.14 sq. miles. Belknap County is in the Eastern time zone (GMT -5).

The City of Laconia has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Laconia, NH Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	17,383 (100%)
Population in Households	16,941 (97.5%)
Population in Families	12,205 (70.2%)
Population in Group Quarters¹	442 ( 2.5%)
Population Density	876
Diversity Index²	24


INCOME
Median Household Income	$68,296
Average Household Income	$93,990
% of Income for Mortgage⁴	30%
Per Capita Income	$42,435
Wealth Index⁵	90
Socioeconomic Status Index⁶	Moderate (49.3)

HOUSING
Total HU (Housing Units)	10,646 (100%)
Owner Occupied HU	4,571 (42.9%)
Renter Occupied HU	3,269 (30.7%)
Vacant Housing Units	2,806 (26.4%)
Median Home Value	$324,531
Average Home Value	$409,653
Housing Affordability Index³	77

HOUSEHOLDS
Total Households	7,840
Average Household Size	2.16
Family Households	4,475
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Laconia, NH - Peer Comparisons by Rank and Percentile

The table below compares Laconia to the other 100 incorporated cities, towns and CDPs in New Hampshire by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.71%	0.33%
Households	0.89%	0.57%
Families		0.54%
Median Household Income		2.94%
Per Capita Income		3.34%
Owner Occupied HU		1.26%

Variable Description	Rank	Percentile
Total Population	# 9	92nd
Population Density	# 39	62nd
Median Household Income	# 72	29th
Housing Affordability Index	# 52	52nd
Per Capita Income	# 59	42nd
Diversity Index	# 30	71st

Laconia, NH Profile: Facts & Data

Laconia, New Hampshire - Basic Facts

Laconia, NH Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Laconia, NH - Peer Comparisons by Rank and Percentile

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