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Wolfeboro, New Hampshire Demographics & Population 2026

Expensive MarketHome value to income ratio of 9.2x indicates a costly housing market
Oldest CityAmong the oldest communities in New Hampshire with a median age of 63.8 years

During the 2020–2024 ACS period, Wolfeboro, New Hampshire had a total population of 2,531, the 42nd largest community in New Hampshire, with a median household income of $51,839, which is 48% lower than the state average. The poverty rate is 11.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Wolfeboro Quick Facts

Population 2,531
Median Household Income $51,839
Median Home Value $475,200
Poverty Rate 11.1%
Unemployment Rate 1.4%
Median Age 63.8 years
Homeownership Rate 84.1%
Affordability Ratio 9.2x
Bachelor's Degree or Higher 43.3%
High School Graduation Rate 100.0%
Diversity Index 11/100
Population 2,531 42nd of 100
Median Income $51,839 bottom 20%
Poverty Rate 11.1% 11% lower than national
Median Home Value $475,200 top 20%

How Wolfeboro Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,4202,531+4.6%
Median household income$50,721$51,839+2.2%
Median home value$363,200$475,200+30.8%

How Wolfeboro Compares

Economy & Housing

Household Income Distribution

Under $25K 24.4%
$25K-$50K 21.4%
$50K-$100K 21.5%
$100K+ 32.6%
Detailed income brackets
Under $10K
4.3%
$10K-$15K
7.7%
$15K-$20K
5.9%
$20K-$25K
6.4%
$25K-$30K
4.3%
$30K-$35K
5.8%
$35K-$40K
4.2%
$40K-$45K
2.6%
$45K-$50K
4.7%
$50K-$60K
7.8%
$60K-$75K
2.3%
$75K-$100K
11.5%
$100K-$125K
6.6%
$125K-$150K
11.2%
$150K-$200K
7.3%
$200K+
7.5%

Employment

1.4% Unemployment Rate State: 3.4%|National: 5.2%
43.0% Labor Force Participation

Housing Overview

Owner 84.1%
Renter 15.9%
Affordability Index Very Expensive
9.2x home value to income ratio
Median gross rent $1,121/mo 25.9% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 24 | National average: 61

Education

Wolfeboro Rankings in New Hampshire

#42 Population of 100
#83 Median Income of 93
#31 Education of 100
#11 Home Value of 98

Other Cities in Carroll County

CityPopulationMedian IncomePovertyHome Value
Conway 3,879 $59,167 7.6% $264,900
North Conway 2,041 $71,198 15.7% $435,000
Sanbornville 1,317 $126,359 15.3% $251,100
Center Ossipee 583 N/A 5.5% $223,100
Melvin Village 324 $101,298 0.0% $428,300
Bartlett 312 N/A 0.7% N/A
Suissevale 230 $100,795 0.0% $462,500
Union 131 $75,117 10.7% $162,900
Center Sandwich 101 $102,083 13.9% $392,500

Cities Similar to Wolfeboro

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Meredith2,617$59,375$450,00036.1%9.6%
Lancaster2,230$66,765$200,50023.4%19.2%
Peterborough2,539$85,833$379,30057.4%3.2%
Hampton Beach2,605$82,557$508,90034.0%8.2%
Gorham2,092$62,679$146,30021.1%5.5%

Population Overview

Wolfeboro is a small community located in New Hampshire, within Carroll County. The total population is 2,531. It ranks as the 42nd most populous out of 100 Census-designated places in New Hampshire.

Age Demographics

The median age in Wolfeboro is 63.8 years. This is 47% higher than the state median of 43.3 years. Only 8.7% of residents are under 18, indicating fewer families with children. 28.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Wolfeboro is $51,839. This is 48% lower than the state median of $99,031. It is also 36% lower than the national median of $80,734. The poverty rate stands at 11.1%. This is 54% higher than the state poverty rate of 7.2%. The unemployment rate is 1.4%. This is 59% lower than the state rate of 3.4%. The median home value is $475,200. Housing costs are 18% higher than the state median of $402,500. The home-value-to-income ratio of 9.2x suggests that housing affordability is a significant concern for many residents. 84.1% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 72.8%.

Race & Ethnicity

Wolfeboro has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Hispanic or Latino residents account for 1.3%. The Hispanic or Latino population (1.3%) is well below the state average of 4.7%. The Asian population (0.7%) is well below the state average of 2.6%.

Education

43.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% higher than the state rate of 40.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 15.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Wolfeboro, New Hampshire is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Hampshire state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 100 Census-designated places in New Hampshire. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Wolfeboro, New Hampshire?

Wolfeboro, New Hampshire has a population of 2,531 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wolfeboro, NH?

The median household income in Wolfeboro is $51,839, which is 36% lower than the national median of $80,734.

What is the poverty rate in Wolfeboro, NH?

The poverty rate in Wolfeboro is 11.1%. This means approximately 271 residents live below the federal poverty line.

What is the racial makeup of Wolfeboro, New Hampshire?

Wolfeboro's population is 94.4% White, 0.0% Black, 1.3% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Wolfeboro, NH?

The median home value in Wolfeboro is $475,200. The home-value-to-income ratio is 9.2x.

How educated is Wolfeboro, New Hampshire?

43.3% of adults (25+) in Wolfeboro hold a bachelor's degree or higher, and 15.2% hold a graduate or professional degree.