HousingHandbookReference data

U.S. ZIP Code · NH03045

Hillsborough County · Manchester-Nashua, NH

Typical home value

$513,290[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+7.3%
10-year / yr
+7.9%

Relative price

vs U.S.
+80.7%
vs metro
≈ metro median
vs state
+7.6%
ZIP 03045 location in NH
Location of ZIP 03045 in NH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 03045 is worth $513,290. Over the past year, values have risen 2.1%. Homes here rent for a typical $1,866 a month — a 4.4% gross rental yield. The effective property tax rate is 1.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,866[2]
Gross yield
4.4%[2]
Cap rate
2.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.8%[3]
Typical annual tax
$9,212[3]

#Climate risk

FEMA National Risk Index ratings for Hillsborough County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
14,080[3]
Median household income
$119,205[3]

#Migration

Household moves in and out of Hillsborough County over a year, from IRS tax-return data.

Net migration
+22[5]
Moved in
11,745
Moved out
11,723

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Goffstown High School

    High · Grades 9–12 · Goffstown School District

    1,037 students

  • Mountain View Middle School

    Middle · Grades 5–8 · Goffstown School District

    866 students

  • Maple Avenue School

    Elementary · Grades 1–4 · Goffstown School District

    525 students

  • Glen Lake School

    Elementary · Grades PK–K · Goffstown School District

    184 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.4%
Net yield (after ~40% expenses)2.6%
Annual rent$22,390

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,595
Loan principal$410,632
Down payment$102,658
Total interest paid$523,739

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.03
Monthly cost to own$3,789
Monthly rent$1,866

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
45th percentile[1]
Rental yield
0th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 03045?
The typical home in 03045 is worth $513,290, based on the Zillow Home Value Index.
Are home values rising in 03045?
Home values in 03045 are up 2.1% over the past year, and up 7.3% a year over five years.
What is the typical rent in 03045?
A typical home in 03045 rents for about $1,866 a month, a gross rental yield of 4.4%.
What is the property tax rate in 03045?
The effective property tax rate in 03045 is 1.8% — roughly $9,212 a year on a typical home.
Who lives in 03045?
ZIP code 03045 has a population of 14,080 and a median household income of $119,205.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Milford CDP, NH

    Typical home
    $513,172
    Gross yield
    4.7%
  • NH

    Typical home
    $510,443
    Gross yield
  • Wilton CDP, NH

    Typical home
    $504,606
    Gross yield
  • NH

    Typical home
    $528,073
    Gross yield
  • Nashua, NH

    Typical home
    $528,636
    Gross yield
    5.0%
  • East Merrimack CDP, NH

    Typical home
    $534,079
    Gross yield
    5.7%

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