03103 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Hillsborough County
Centroid: Latitude 42.966, Longitude -71.439
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 03103 has segments in 3 Counties (Belknap, Hillsborough, Rockingham).

Businesses Addresses: 1,308
PO Box Addresses: 0
Residential Addresses: 15,024

Multi-Family Addresses: 1,794
Single Family Addresses: 13,230

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Manchester, NH 03103 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	39,217 (100%)
Population in Households	38,614 (98.5%)
Population in Families	29,027 (74.0%)
Population in Group Quarters¹	603 ( 1.5%)
Population Density	4,208
Diversity Index²	59


INCOME
Median Household Income	$54,234
Average Household Income	$67,347
% of Income for Mortgage⁴	16%
Per Capita Income	$25,756
Wealth Index⁵	55

HOUSING
Total HU (Housing Units)	16,202 (100%)
Owner Occupied HU	6,714 (41.4%)
Renter Occupied HU	8,267 (51.0%)
Vacant Housing Units	1,221 ( 7.5%)
Median Home Value	$206,430
Average Home Value	$209,715
Housing Affordability Index³	121

HOUSEHOLDS
Total Households	14,981
Average Household Size	2.58
Family Households	9,109
Average Family Size	3

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.

Manchester, NH 03103 - Peer Comparisons by Rank and Percentile

The table below compares 03103 to the other 243 ZIP Codes 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.7%	0.62%
Households	0.68%	0.64%
Families	0.46%	0.48%
Median Household Income		0.67%
Per Capita Income		1.3%
Owner Occupied HU		0.82%

Variable Description	Rank	Percentile
Total Population	# 1	100th
Population Density	# 3	99th
Median Household Income	# 205	16th
Housing Affordability Index	# 38	16th
Per Capita Income	# 230	6th
Diversity Index	# 2	100th

Manchester, NH 03103 ZIP Code Profile

ZIP Code 03103: Basic Data & USPS Preferred City Name

Manchester, NH 03103 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Manchester, NH 03103 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 03103

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