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Bennington, NH Profile: Facts & Data

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Bennington, New Hampshire - Basic Facts

The Bennington Census Designated Place had a population of 405 as of July 1, 2020.

The primary coordinate point for Bennington is located at latitude 43.0031 and longitude -71.9245 in Hillsborough County. The formal boundaries for the Bennington Census Designated Place encompass a land area of 0.43 sq. miles and a water area of 0 sq. miles. Hillsborough County is in the Eastern time zone (GMT -5). The elevation is 663 feet.

The Bennington Census Designated Place (GNIS ID: 2629714) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Bennington Census Designated Place is located within Town of Bennington, a minor civil division (MCD) of Hillsborough County.

Alternate Unofficial Names for Bennington: Factory Village, Hancock Factory Village.

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Bennington, NH Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 405 (100%)
Population in Households 405 (100.0%)
Population in Families 322 (79.5%)
Population in Group Quarters1 0
Population Density 940
Diversity Index2 10
 
 

INCOME

Median Household Income $66,487
Average Household Income $78,667
% of Income for Mortgage4 11%
Per Capita Income $29,894
Wealth Index5 68
 

HOUSING

Total HU (Housing Units) 163 (100%)
Owner Occupied HU 108 (66.3%)
Renter Occupied HU 41 (25.2%)
Vacant Housing Units 14 ( 8.6%)
Median Home Value $180,303
Average Home Value $180,093
Housing Affordability Index3 213
 

HOUSEHOLDS

Total Households 149
Average Household Size 2.72
Family Households 100
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.6% 0.59%
Households 0.61% 0.66%
Families 0.3% 0.59%
Median Household Income   0.5%
Per Capita Income   1.06%
Owner Occupied HU   0.55%

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Bennington, NH - Peer Comparisons by Rank and Percentile

The table below compares Bennington to the other 97 incorporated cities, towns and CDPs in New Hampshire by rank and percentile using July 1, 2020 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.

Variable Description Rank Percentile
Total Population # 84 13th
Population Density # 38 62nd
Median Household Income # 36 64th
Housing Affordability Index # 92 95th
Per Capita Income # 64 35th
Diversity Index # 75 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Hampshire Census Data Comparison Tool.

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