Introduction

Today our group is going to discuss our findings on why we believe there are so many seasonal homes in New Hampshire. We believe we have enough compelling information to convince you of our findings! We will be using numbers like income, seasonal homes %, and age!

Newspaper Article

We have inserted a link below that is going to talk about the economic impacts of second homes in NH! The article opens up and talks about how NH is one of the largest states percentage wise with seasonal homes. Third to be exact. The article then goes on to discuss which towns have the largest percentage of seasonal homes. It then describes the economic impact these seasonal homes have on NH and the people here. The link to the newspaper article can be found here —-> http://www.nhbr.com/July-21-2017/Whats-the-economic-impact-of-second-homes-in-New-Hampshire/

Seasonal Homes

As you look above at the data and we understand that it’s a lot to process. However, as we dissected the actual numbers we saw that New Hampshire has 12% of seasonal homes in the entire state! So out of 100% of homes, 10% of them are labeled as “Seasonal Vacant”. This is considered the 3rd largest according to NH Business review! So now that we see it’s so high why is it like that?

Income

##    median      IQR
## 1 58464.5 12504.25

As you look at the previous slide it shows that the median income for people in the state of NH is on average $58,464. According to NH Business review, this is the 7th largest in the states of highest median income. So we see that people are not only making money within the state but we also see tat people are spending their money to come here.

Age

##   median   IQR
## 1   46.3 7.975

We see in the previous slide that the median age in NH is 45.4 years old. This can also attest to why there are so many seasonal homes here! According to NH Business review, NH is the third oldest average state. Showing that older people are moving in with a large salary and buying a seasonal home here in NH.

Who has our first question?