03285, Thornton, NH

Thornton, NH is located in Hillsborough County and has a population of about 25,000. The median household income is $92,000 and the median home value is $248,000. Thornton has a relatively low unemployment rate of 3.5%.

The average home equity in Thornton is $146,000 which is higher than the national average of $130,500. The reason for this discrepancy may be due to the fact that Thornton has a high percentage of single family homes compared to other cities and towns in New Hampshire. In addition, many homeowners have taken advantage of low interest rates over the past few years to increase their home equity values.

One factor that could potentially decrease home equity values in Thornton are rising interest rates which would make it more expensive for people to borrow money against their homes. Another potential issue could be a housing market crash which would cause people to lose money if they were still owed on their mortgages at that point.