Named the fifth-most-educated city in the country by Forbes, Manchester, NH is home to a population of 109,565. Of that population, an impressive 37.3 percent have completed college. The city's many higher education institutions may have something to do with that; Manchester is home to Hesser College, the New Hampshire Institute of Art, the University of New Hampshire at Manchester, Southern New Hampshire University, and several others.
Cultural events also abound in Manchester. Downtown's Verizon Wireless Arena hosts sporting events, musicals, and some of music's hottest acts. Slam poetry is also popular in Manchester, home to the "Best Poetry Venue in the World" as decided by Write Bloody Publishing.
Manchester is famous for its remarkably modest cost of living — in 2009, Forbes ranked the area #1 on its "America's 100 Cheapest Places to Live." Since then, the cost of living has risen to 8.4 percent above the national average, but it remains affordable relative to the quality of life in the city. The median household income in Manchester is $69,392, and the average home price is $226,700.
Manchester, NH Job Opportunities
Despite the strong presence of education in the city, the top two suppliers of Manchester, NH jobs are both healthcare providers. The first, Elliot Hospital, employs nearly 3,000 people in a variety of occupations, including physical therapists, pharmacy technicians, and RN case manager jobs in Manchester, NH. The second, Catholic Medical Center, employs about 1,700 people in clinical and non-clinical careers, including cardiac sonographer, admissions registrar, and administrative assistant jobs in Manchester, NH. Other major employers include Verizon Communications (1,650 employees), Citizens Bank (1,225), and TD bank (1,150).
Manchester, NH Employment Trends
The growth of Manchester, NH jobs has been strong lately, and economists predict a future annual job growth rate of about 1.9 percent. In April of 2015, Manchester's unemployment rate reached one of its lowest points, 4.0 percent, since the summer of 2008. While Manchester's unemployment rate is consistently below the national average, it has historically remained higher than the rates of nearby Nashua and New Hampshire as a whole.