Where Are People Moving in Hillsborough, NH?
IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).
People moving in
9,076
People moving out
8,750
Net migration
-204
Hillsborough, NH is a net loser of residents. In the latest IRS data (2023 tax year), 9,076 people moved in and 8,750 moved out, for a net loss of -204. Net outflows can soften local rent and price growth over time, though the cause matters as much as the number.
Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving Hillsborough, NH’s flows in each direction.
Top counties people moved to Hillsborough, NH from
| Origin county | Returns | People |
|---|---|---|
| Middlesex, MAMassachusetts | 2,099 | 3,235 |
| Rockingham, NHNew Hampshire | 1,708 | 2,520 |
| Merrimack, NHNew Hampshire | 1,059 | 1,573 |
| Essex, MAMassachusetts | 659 | 1,041 |
| Worcester, MAMassachusetts | 348 | 547 |
| Suffolk, MAMassachusetts | 304 | 404 |
| Cheshire, NHNew Hampshire | 255 | 397 |
| Strafford, NHNew Hampshire | 219 | 299 |
| Belknap, NHNew Hampshire | 204 | 325 |
| Norfolk, MAMassachusetts | 155 | 220 |
Top counties people left Hillsborough, NH for
| Destination county | Returns | People |
|---|---|---|
| Rockingham, NHNew Hampshire | 1,656 | 2,568 |
| Merrimack, NHNew Hampshire | 1,362 | 2,121 |
| Middlesex, MAMassachusetts | 1,149 | 1,666 |
| Essex, MAMassachusetts | 422 | 627 |
| Cheshire, NHNew Hampshire | 330 | 537 |
| Strafford, NHNew Hampshire | 291 | 398 |
| Suffolk, MAMassachusetts | 284 | 329 |
| Belknap, NHNew Hampshire | 248 | 417 |
| Worcester, MAMassachusetts | 240 | 337 |
| Grafton, NHNew Hampshire | 140 | 200 |
“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.
Frequently asked questions
Are people moving to Hillsborough, NH or leaving?
Hillsborough, NH had a net loss of -204 residents in the latest IRS data (2023 tax year), with 9,076 people moving in and 8,750 moving out. Net migration is inflow minus outflow.
Where are people moving to Hillsborough, NH from?
The largest sources of new Hillsborough, NH residents are Middlesex, MA, Rockingham, NH, Merrimack, NH. The full top-ten list of origin counties is in the table above.
Where do people leaving Hillsborough, NH go?
People leaving Hillsborough, NH most often move to Rockingham, NH, Merrimack, NH, Middlesex, MA. The full top-ten list of destination counties is in the table above.
What does Hillsborough, NH migration mean for housing?
Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside Hillsborough, NH's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.
How current is this Hillsborough, NH migration data?
It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.