Introduction: New Hampshire Download PDF
New Hampshire is the only state in the union that has neither a general sales tax nor an individual income tax. The lack of a strong broad based tax system has caused local taxes to be among the highest in the nation. Despite high local taxes, the overall effect of these policies has been to consistently give the state’s taxpayers one of the lightest tax burdens in the United States.
New Hampshire’s economy was initially based on textiles. This eventually led to an over-reliance on the industry and a long depression once southern producers entered the market with lower costs. Today’s economy is significantly more diversified with manufacturing, tourism, health care and real estate all playing a significant role in the state economy. The manufacturing industry employs roughly 10% of the state’s workforce, led by strong production of computers & electronics.
Government
Symbols
State Seal: |
State Quarter: |
Time Zones:
| Standard Time | GMT-5 | |
| Daylight-Saving Time | GMT-4 | |
Statistics
- Per Capita Real GDP :
- $37,375
- Population:
- 1,315,810
- Percent of People Under Poverty Level:
- 7.5%
- Per Capita Personal Income:
- $39,311
- Percent of Population with a Bachelor's Degree:
- 20.4%
- Total Exports:
- $2,910,360,000
Top 5 Export Partner Countries
Canada
Germany
Netherlands
China
United Kingdom
Top 5 Export Merchandise
Machinery Sales
Computers and Electronic Products Sales
Machinery Manufacturing
Computers and Electronic Products Manufacturing
Fabricated Metal Products Manufacturing
Major Cities
Manchester, Nashua
Major Airports
| Airport Name | City | |
| MHT | Manchester | Portsmouth |
| PSM | Portsmouth International at Pease | Manchester |
Main Ports:
Portsmouth
Corporations
| Company | Fortune 1000 Rank: | Revenues ($millions) | Headquarter City |
| PC Connection | 971 | 1,636 | Merrimack |