Portsmouth, New Hampshire is a small city with slightly less than 22,000 residents. Young professionals should fit right in, as they make up an above-average percentage of the population, though retirees are well-represented as well. In terms of housing, residents are fairly evenly split between owning (51%) and renting (49%) their home despite an average rent of $1,216/month, significantly higher than the state average of $1,087.
Portsmouth residents have a plethora of industries from which to choose, the most common five of which are retail, scientific, entertainment, healthcare, and education. Combined, these industries account for 35% of the workforce in the city. Meanwhile, looking at job function, 10% of the city's population works in management, making it the top profession in the city. Portsmouth workers earn an average annual income of about $90K, about $16,000 more than the New Hampshire average. Portsmouth's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Portsmouth has a high percentage of residents older than 25 with advanced degrees, as 14% have earned a Master's degree or a Doctorate. In addition, 27% have a Bachelor's degree, which also outpaces the national average.
Portsmouth has an average commute time of about 23 minutes, outperforming the New Hampshire average of about 26 minutes. Many residents (48%) commute to work by car, while public transit is not used extensively. Few commuters (4%) walk to work, though the number exceeds the national average.
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