Laconia is a town in New Hampshire with a population of approximately 16,000. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (20%) here than they do nationally (14%). Renters tend to be in the minority in Laconia, and 55% of residents own their homes. With a relatively low average rent of $972 per month in the city, renting remains an affordable option, particularly compared to other cities in New Hampshire. Over the course of a year, renters in Laconia will save around $1,400 compared to the state average.
Compared to the national average (5%), Laconia has a relatively high percentage of residents older than 25 who have an Associate's degree (7%). Additionally, 20% have earned a Bachelor's, Master's, Professional, or Doctoral degree. There are four primary industries in Laconia: healthcare, retail, entertainment, and manufacturing. Together, these industries account for 29% of the workforce in the city. Meanwhile, in terms of job function, 8% of the city's population works in sales, which ranks as the top career path in the city. Laconia workers take home an average annual income of just under $69K, slightly less than their peers elsewhere in New Hampshire. The city's average income also falls below the national average of $73,345.
Laconia residents have an average commute of about 24 minutes, quicker than the state average of about 26 minutes. Driving is the most common mode of getting to work, opted for by 45% of workers, while public transit is not used. Walking isn't a common means of commuting to work.
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