Peterborough 71 Excellent
Peterborough Livability #32 ranked city in New Hampshire#6,101 ranked city in the USARanks better than 79% of areas

Pros and Cons of Living in Peterborough

PROS
  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

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What's it like Living in Peterborough?

Peterborough is a smaller city located in the state of New Hampshire. The city has a population of 2,704 residents. If we look at the most recent Census, Peterborough is known to have a predominantly White population. The next two most common races are Black and Asian. Based on an average age of 60, Peterborough appears to be well-suited for seniors or retirees as the average age is well above the national average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Peterborough is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.

Are you trying to decide if living in Peterborough is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Hampshire, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Peterborough and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes health & safety, education, housing and other important metrics.

The livability score in Peterborough is 69/100 and the city is ranked in the 76th percentile of all cities across America. There are nine total categories that create the livability score. Peterborough ranks well for crime (A+), employment (A) and housing (A) Peterborough does not do well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Peterborough gets top scores for their low violent crime rates of 77 crimes per 100,000 residents, which are significantly lower than the national average.

When contemplating a move, job prospects often top the list of priorities. In Peterborough, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.58% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Peterborough apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Peterborough meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Peterborough. Everything else becomes a lot less important if it turns out that home prices in Peterborough are simply unattainable. Median real estate prices in Peterborough come in at $240,400, which is 0.3% higher than the New Hampshire average. The home price to income ratio compares the median home prices to the median household income. In Peterborough, the home price to income ratio is 3, which is 14.3% lower than the New Hampshire average.

Best Places to Live in and Around Peterborough

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Compare Peterborough, NH Livability

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      Peterborough transportation information

      Statistic Peterborough New Hampshire National
      Average one way commute25min27min26min
      Workers who drive to work83.2%81.0%76.4%
      Workers who carpool2.4%7.9%9.3%
      Workers who take public transit0.2%0.9%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk6.6%2.9%2.8%
      Working from home7.6%6.1%4.6%
      Source: The Peterborough, NH data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).