New Hampshire
High number of NH households lack emergency savings – Valley News
A broken furnace, medical bill, or car repair could quickly become a financial crisis if it were to happen in any one of over 120,000 New Hampshire households with very little savings. An analysis recently published by the Urban Institute found that nearly one in four New Hampshire households lacked at least $2,000 in non-retirement savings in 2022, representing a basic financial cushion for weathering emergencies. According to the analysis, about 23% of New Hampshire households did not have non-retirement savings, such as money in a checking or savings account, totaling more than $2,000 in 2022. That figure rose to 30% for Granite Staters in rural northern and western New Hampshire, 32% for Manchester residents, and 31% for Granite Staters of color statewide.
The Urban Institute published this analysis in November 2025 using the latest consistently available data for each type of financial well-being measured. A previous version of the analysis, published in 2022, found about 26 percent of New Hampshire households lacked $2,000 in emergency savings in 2019, although the $2,000 threshold was not adjusted for inflation between those two years. The researchers also measured overall wealth, income relative to key expenses, and certain other metrics.
Unpaid debt
Researchers at the Urban Institute also found that about 16% of Granite Staters had some form of debt that was at least 60 days past due in 2023. Two percent of all residents specifically had delinquent student loan debts.
Housing expenses
About 87% of all households with less than $50,000 in annual income, which was about one in four New Hampshire households in 2023, paid more than 30% of their incomes for their housing costs, such as rent or mortgage payments, utilities, property taxes, and insurance costs. For Granite Staters of color, about 96% of households with these lower incomes were cost-burdened, or paying at least 30% of income, by housing costs.
This percentage varied for different areas within the state as well. While about 78% of all residents with lower incomes in Coos, Grafton and Sullivan counties combined were cost-burdened by housing, about 95% of Manchester residents and 91% of Strafford County and northern Rockingham County residents were cost-burdened in this manner.
Utility costs
About one in five New Hampshire households paid more than 10% of household income solely on utility costs, including electricity, water, gas, and heating fuels. While the lowest percentage of households facing these utility costs were near Nashua and a few other relatively urban parts of the state, about 46% of households in Coos, Grafton, and Sullivan counties, and 41% in eastern central New Hampshire encompassing Carroll and Belknap counties, paid more than 10% in utility costs.
Access to emergency savings varies throughout New Hampshire
Savings can be difficult to accumulate for a variety of reasons, and the primary factors include income and expenses. Both lower incomes and higher expenses make saving more difficult, while their opposites enable more opportunities to set money aside for a time of need. Some of the variations in savings across New Hampshire could be rooted in both factors.
The approximately 23% of Granite State households without at least $2,000 in savings during 2022 represents about 129,600 households of the estimated 557,200 in New Hampshire that year. In Coos, Grafton, and Sullivan Counties, which include the two counties (Coos and Sullivan) with the highest poverty rates in the state, about 30% of households lacked that level of savings. Coos County also had a median household income that was only slightly more than half of Rockingham County in southeastern New Hampshire. The cost of buying a house has also increased fastest in rural parts of New Hampshire, although the overall cost is still lower than in southeastern New Hampshire.
In Manchester, where 32% of households did not have at least $2,000 in emergency savings (the highest rate of the measured areas in the state) in 2022, the cost of renting the median two-bedroom apartment increased 31% from 2020 to 2024 to $1,838 per month. Median household income, at about $77,000, was below the statewide median of about $95,600 during the 2019 to 2023 period. Increasing costs, particularly regional housing costs, likely made saving very difficult for households in Manchester and elsewhere, particularly the families that are more likely to see incomes fall short of expenses than ten years ago.
Wealth is a critical factor and difficult to measure
Most common measures of financial well-being are based on income. Income is often measured through surveys and tax returns, and income from employment is also reported by businesses and other employers. As a result, income is more commonly measured than wealth. Income measures the money coming into a household in a given time period, while wealth measures the assets owned by the members of a household.
Wealth provides a form of economic security that promotes resilience, including the ability to weather a job loss or an unexpected expense, such as a car repair or medical costs from an illness. Even a higher income does not provide the security of having a substantial amount of money in a bank account, as that income could change, or new costs could appear, relatively quickly. Wealth provides a financial cushion that can be critical for individuals and families in times of need.
Local data difficult to access
While national measures provide insights into wealth and wealth inequality, which has risen substantially over the last six decades, local data are much harder to collect than data about the income of residents in states and counties. Researchers at the Urban Institute used publicly-available data and collaborated with a major credit bureau, employing anonymized data, to get a sample of about 10 million people nationwide. They also utilized models to understand the likely conditions facing people in less-populated areas and in smaller population groups when the sample sizes themselves were too small to create reliable estimates.
These data and methods allowed the Urban Institute researchers to estimate the percentage of households that had less than $2,000 in their bank accounts, stocks, mutual funds, and other non-retirement assets. However, the data were not granular enough to allow for consistent town- or county-level analyses in New Hampshire. The data were organized by regions of the state (and country) with a total of 100,000 people or more. While data for Manchester can be separated from the rest of the state with this strategy, every other city or town is combined with at least one other community in these data.
Different than other surveys
This methodology is notably different from a commonly-cited national-level survey conducted by the U.S. Federal Reserve Board’s Survey of Household Economics and Decisionmaking, which asks U.S. residents nationwide a series of questions. These questions include asking about the methods the individual would use to pay for an unexpected $400 expense.
The latest survey indicates that 37% of U.S. adults would not have paid for an unexpected $400 expense with cash, savings, or a credit card to be paid off by the end of the month. While that indicates more than one in three U.S. adults do not have the savings to easily cover this expense, 13% said they would be unable to pay it by any means; others indicated they would carry a balance on a credit card, borrow money from a friend, family member, bank, or payday lender, or sell something to help pay for the expense. That suggests many adults would not spend their bank account down to zero, perhaps to preserve some wealth cushion for other unexpected expenses or to avoid fees.
While these survey data offer key insights and annual updates allowing for helpful comparisons over time, the Urban Institute’s methods seek to measure the actual balances in household accounts. The Urban Institute’s data also provide insights into the financial resilience of New Hampshire residents specifically.
Financial situations fragile for many Granite State families
Without $2,000 in savings, a Granite Stater could quickly spend their liquid assets to pay for an unexpected car repair, needed fixes for a house or an appliance, the deductible on their health insurance after an injury or illness but before coverage begins, losing a job, or other factors that could effectively require immediate, unforeseen costs. That would potentially lead to debt that could be difficult to pay off, unpaid bills, or forgone health or housing needs.
Housing, utility, health care, and child care costs have increased across New Hampshire. These rising costs have made building emergency savings increasingly difficult. With nearly one in four New Hampshire households in this fragile situation, small changes in physical or financial well-being, expenses facing families, public policy, or the economy overall could have big impacts on many Granite Staters.
The New Hampshire Fiscal Policy Institute is sharing these articles with the partners in The Granite State News Collaborative. NHFPI is an independent nonprofit organization that explores, develops and promotes public policies that foster economic opportunity and prosperity for all New Hampshire residents. For more information visit nhfpi.org. These articles are being shared by partners in The Granite State News Collaborative. For more information visit collaborativenh.org.
New Hampshire
Hillary Clinton to return to New Hampshire | Fox News Video
Hillary Clinton is set to return to New Hampshire for a Democratic Party fundraiser while a progressive leader criticizes the party for being ‘tone-deaf’ by inviting her.
Hillary Clinton is returning to New Hampshire next month to headline the state’s Democratic Party’s annual spring fundraising dinner. A progressive leader criticizes the party as ‘tone-deaf’ for inviting Clinton, stating she’s ‘yesterday’s news.’ Fox News contributor Joe Concha weighs in on Clinton’s perceived comeback tour and discusses President Trump’s recent remarks about John F. Kennedy Jr.’s political ambitions.
New Hampshire
NH lawmakers approve bill that would make judges’ job evaluations public
A bill that would add elements to judicial performance evaluations for all state judges and make those evaluation reports public, cleared the New Hampshire House along party lines Thursday.
The bill’s backers, including Rep. Bob Lynn of Windham, former Chief Justice of New Hampshire Supreme Court, promoted the new requirements as a way to “invigorate” judicial performance, and said fully disclosing the reports is crucial.
“I have to emphasize this provision in the bill as well as the other provisions of the bill were adopted in consultation with the Chief Justice of the Supreme Court,” Lynn said
Under the bill, which was written with input from Supreme Court Chief Justice Gordon MacDonald, all judges – including part-time judges and retired judges who sometimes hear cases – would undergo evaluation at least every three years. Evaluations would include courtroom observations and analyses of how efficiently they process cases. Right now, judicial performance reviews remain confidential unless a judge receives two consecutive subpar evaluations.
The proposal comes at a time of tension between the judicial branch and lawmakers, spurred by recent court rulings finding the state isn’t meeting school funding obligations, and by judicial branch spending and management practices.
Democrats who criticized the new judicial evaluation bill say it goes too far and that the legislature should resist the urge to meddle in court operations.
“Many of us have been frustrated by recent activities coming out of the judicial branch – this is probably a bipartisan sentiment,” said Rep. Mark Paige of Exeter. “But to the extent that this bill appeals as a means to scratch your judicial frustration itch, consider other available remedies.”
Democrats also argued that making judicial reviews public could pose safety risks in an era of increased political violence including against judges.
“Publication would do real harm, inviting harassment of judges as violent threats against U.S judges have surged 327 percent since last year,” said Rep. Catherine Rombeau of Bedford, citing research from the Global Project Against Hate and Extremism.
But Republicans disputed such arguments, and said public reviews are also one of the few tools lawmakers have to make sure judges are performing their duties effectively.
“Judges are appointed once and serve until the age of 70,” said Rep. Ken Weyler of Kingston.
“All employees, including judges, benefit from constructive evaluation.”
New Hampshire
AI posts, selfies, and dank memes: The very online politics of NH’s Joe Sweeney
The New Hampshire State House, where tradition often reigns supreme, is scarcely more technologically savvy than a couple of still cameras streaming hearings to YouTube.
But like a lot of places these days, political power — and attention — there is increasingly shaped by what’s happening online.
And while plenty of New Hampshire lawmakers maintain busy Facebook feeds and X accounts, perhaps no public official better exemplifies the high speed, high volume, digital-ready approach to politics than Republican Rep. Joe Sweeney.
As the House’s deputy majority leader, Sweeney’s job is to make sure fellow Republicans show up in Concord and support caucus priorities. In many ways, it’s about as old-fashioned as political work gets in 2026. And to see Sweeney in action is to observe a politician who still embraces plenty of his party’s traditional priorities.
“Let the voters see that we oppose income taxes now and forever,” Sweeney proclaimed from the House floor earlier this month.
But Sweeney didn’t stop at merely pledging to oppose income taxes inside the walls of the State House. Soon after, he also posted the video of himself doing so to social media. Sweeney isn’t the first — or only — state politician bent on cultivating an online presence. But his position of power in the Republican Party means he is well-positioned to amplify what he chooses. It could be AI-generated graphics promoting nuclear power, photoshopped images supporting ICE, or Sweeney himself talking straight into a camera.
According to Sweeney, to succeed on social media in politics, it’s best to keep messages short, sharp — and sometimes trollish.
“It’s kind of this perverse incentive to present that sort of profile online, because that’s what’s going to get people engaged,” Sweeney said in an interview last week.
Politics as personal
At 32, Sweeney came of age in politics and on the internet. He started earning paychecks for political work in 2012, on the campaign of former Congressman Charlie Bass. Sweeney was a University of New Hampshire student at the time, and won election to the New Hampshire House that same year. Back then, he courted voters on social media with an earnestness that seems far removed from the politics of 2026, welcoming voters of all stripes to reach out and support his candidacy.
“I am running as a Republican, but I promise to represent all of my Salem constituents when elected,” a baby-faced Sweeney said in a YouTube video from that race.
A lot has changed for Sweeney since then. He’s now a top Republican lawmaker in Concord, vice chair of Salem’s town council, and also operates Granite Solutions, a political advocacy and fundraising group.
According to filings with the state, Granite Solutions’ purpose is “Electing Fiscal Conservatives in New Hampshire.” It essentially operates as Sweeney’s personal PAC, raising money, running ads, pushing policies, and urging lawmakers to sign pledges.
As New Hampshire PACs go, Granite Solutions is not exactly flush with cash: It’s reported raising about $60,000 over the past few years. Notable receipts include a $10,000 donation from a trust connected to Joe Faro, the developer of Salem’s Tuscan Village; a contribution from Churchill Downs, which owns the casino at the Rockingham Park Mall; and a smattering of Concord lobbyists.
A state lawmaker running what amounts to a one-man political advocacy organization is unusual, to say the least. But Granite Solutions also serves to boost Sweeney’s personal brand.
Last week, after Sweeney debated tax policy on WMUR’s political talk show, he sent an email to the Granite Solutions’ mailing list, urging people to stream the debate and donate to Granite Solutions.
Sweeney says he sees the work of his personal political committee as an extension of his public service: “I view Granite Solutions as supporting the economic agenda of Republicans in the state.”
‘Until the voters don’t want me’
The GOP fiscal agenda — from tax cuts to eliminating red tape for development projects — is a steady focus for Sweeney.
On other political issues, his social media-forward approach can serve to capture attention, more than enact measurable change. When lawmakers debated higher education funding last year, Sweeney strenuously alleged that undocumented students were depriving eligible Granite Staters from admission to UNH. After university officials released data that undercut his claims, Sweeney moved on.
Last fall, Sweeney told reporters to expect him and other Republicans to target specific state judges for misconduct. But such plans never materialized.
There was also Sweeney’s push to impeach Democratic Executive Councilor Karen Liot Hill over her use of a state email account to assist a legal challenge to a voter registration law — even though the New Hampshire Attorney General had cleared Liot Hill of any wrongdoing. Just hours before a public hearing on Sweeney’s impeachment effort, he scuttled the bill without bothering to show up for the hearing.
To hear Sweeney tell it, when his political ideas lose traction, he’s willing to let them slide.
“Some things can start off with a lot of fire and passion and then as it goes through the system it just sort of dies out,” he said.
But as Sweeney’s shown in Concord, and as a town councilor, he can also push policies that others see as provocative or radical — or even theatrical. When Salem’s town council and budget committees were at odds over the town budget, Sweeney proposed eliminating the budget committee altogether.
“I thought it was the most ridiculous proposal I’ve ever heard. It was a bad idea, said Steve Goddu, a Republican who sits on Salem’s budget committee, and generally considers Sweeney a political ally. “It was a bad idea, and sometimes we make bad ideas and suggestions, and I think this was just his folly on this one.”
But not everybody who’s been on the receiving end of Sweeney’s politics, folly or otherwise, is as forgiving. Liot Hill says she had to waste time and money to prepare for potential impeachment proceedings that she always saw as frivolous, and believes Sweeney’s style of politics is destructive.
“There is a price to our politics when politics becomes more focused on spectacle than on substance and really it’s really the public that pays,” Liot Hill said.
Sweeney, for his part, says he sees himself pursuing his approach to politics — in real life and online — for the foreseeable future.
“I have an ability to create solutions for folks. I have an ability to sort of understand things and kind of communicate with people on it, Sweeney said. “I feel this responsibility to continue to be involved until the voters don’t want me to be involved anymore.”
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