Economic Assets Profile Contact: John P. Anderson Town Administrator 14 Manning Street Derry, NH 03038 (603) 432-6100 Fax: (603) 432-6131 [email protected] Phone: E-mail: U.S. Congress District 1 Carol Shea-Porter Executive Council District 3 Christopher T. Sununu State Senate District 19 James Rausch State Representatives Rockingham County District 6 Brian Chirichiello Elizabeth Burtis Frank Sapareto David Thompson David Milz James Webb Beverly Ferrante John O’Connor Robert Fesh Mary Till Town of Derry www.derry-nh.org Rockingham County www.co.rockingham.nh.us Rockingham Economic Development Corporation www.redc.com Access Greater Manchester www.AccessGreaterManchester.com Regional Planning Commission www.snhpc.org County Rockingham Type of Government: Date of Incorporation 1827 Labor Market Nashua NH-MA NECTA Budget: Municipal Appropriations (2011) $39,809,337 Budget: School Appropriations (2011) $80,442,145 Capital Improvement Plan: Yes Development Plans Reviewed by: Planning Board Elected Boards and Commissions: Town Council Appointed Boards and Commissions: Conservation Zoning Planning Heritage (New England City and Town Area) Tourism Region Merrimack Valley Planning Commission Southern NH Planning Regional Economic Development METRO CENTER NH Rockingham Economic Development Corporation 1946/2011 2010 Zoning Ordinance Master Plan Town Admin/Council Public Library: Derry Public; Taylor Library Source: NH Employment Security ELMIB Source: NH Employment Security ELMIB 1 Derry’s Key Economic Assets and Strengths • • • • • • • Proximity to interstate, airport, markets and people in Boston/Southern NH High educational attainment, good public education system/Pinkerton Natural, cultural, and historic amenities (downtown in particular) Small town feel, bigger community amenities Professional town staff with an expedited permitting process Prices of real estate, commercial sites, rents, wages are competitive Development financing available via Town and regional investment/loan funds, grants, and Enterprise zones Source: Municipal SWOT Analysis, February 2010 Derry at a Glance______________ Nashua, NH Metro NECTA Map Geography Total Area (sq mile) 36.3 Total Land 35.4 Total Water 0.9 Source: NH Employment Security ELMIB Source: NHHFA NECTA: New England City and Town Area Population 33,109 Male 16,435 Female 16,674 Median Age 38.2 years People per sq. mile Population Population Projection Projection 41,000 41,000 40,000 40,000 Population Population Total 2010 (Census) 935.3 39,000 39,000 38,000 38,000 I-93 I-93Build Build No NoBuild Build 37,000 37,000 36,000 36,000 35,000 35,000 34,000 34,000 Source: U.S. Census Bureau 33,000 33,000 2000 2000 2005 2005 2010 2010 2015 2015 2020 2020 2025 2025 2030 2030 2035 2035 Housing Source: NH OEP * I-93 Build refers to proposed widening. No Build is without widening. 2010 Total Housing Units 13,277 Owner Occupied Renter Occupied Vacant 8,362 4,175 740 Percent 63.0% 31.4% 5.6% 2009 Single-Family Multi-family Manufactured Source: NHHFA 6,733 5,966 573 50.7% 45.0% 4.3% Source: 2010 U.S. Census, 2009 NHHFA 2 Education Tax Rates High School Graduate or higher 90.9% Bachelor’s degree or higher 26.6% Elementary Middle/Junior High High School Private/Parochial School District # Facilities 6 2 1 2 SAU 10 (K-8) 2011 Town Tax Local Education Tax State Education Tax County Tax # Students 2,355 1,412 3,315 289 Total Tax Rate Town Valuation $27.27 $2,485,998,094 2011 Local Assessed Value by Property Type Students Grades 9-12 are tuitioned to Pinkerton Academy Nearest Community/Technical Nearest Colleges/Universities (per $1,000 of value) $ 9.52 $14.22 $ 2.49 $ 1.04 Manchester, Nashua Hesser College Southern NH University UNH - Manchester Saint Anselm College Residential Land and Buildings 88.2% Commercial Land and Buildings 11.7% Public Utilities, Current Use, and Other 0.1% Source: Town of Derry Assessing Office, D. Gomez, Assessor Source: NH Department of Education Largest Employers Employment Annual Average Civilian Labor Force 1999 21,920 2008 20,033 2009 20,154 Employed 21,159 19,153 18,732 1,422 Unemployed 761 880 Unemployment Rate 3.5% 4.4% Employers Parkland Medical Center Pinkerton Academy Wal-Mart Town of Derry Sanmina Fireye Inc Pleasant Valley Nursing Center Center for Life Management Gilbert H. Hood Middle School Hannaford Supermarket & Pharmacy Shaw’s Supermarket Haven Health Center of Derry Derry Medical Center Overlook Medical Center Total Air Supply East Derry School Derry Village Elementary School Grinnell Elementary School First Student Inc Merrimac Tile Co Inc West Running Brook Middle School Crotched Mountain Residential 7.1% Source: NH Employment Security ELMIB Income 2009 (ACS) Median Household Income Median 4-Person Family Income $70,303 $85,263 Per Capita Income $30,133 Median Earnings (Full time, Year-Round Workers) Male $55,043 Female $38,132 Families Below the Poverty Level 5.0% Employees 500-999 250-499 250-499 250-499 250-499 100-249 100-249 100-249 100-249 100-249 100-249 100-249 100-249 100-249 50-99 50-99 50-99 50-99 50-99 50-99 50-99 50-99 Source: NHetwork, NH Employment Security ELMIB, infoUSA Consumer Price Index (July 2011) CPI Not Seasonally Adjusted Seasonally Adjusted % Change Over the Year 225.9 225.0 3.6% 3.2% Source: 2009 ACS, NH Employment Security ELMIB 3 Commuting Workers 16 years and over (2009 ACS) Drove alone, car/truck/van Carpooled, car/truck/van Public transportation Walked Other Means Worked at Home Place Place of ofWork Workfor forResidents Residents 85.9% 8.0% 0.4% 1.5% 1.2% 3.1% 33% 33% Working WorkingininCommunity Communityof of Residence Residence 20% 20% Commuting Commutingto toanother anotherNH NH Community Community Commuting Commutingout-of-state out-of-state 47% 47% Mean Travel Time to Work 31.9 minutes Percent of Working Residents (2000 Census) Working in Community of Residence 20% Commuting to another NH Community 47% Commuting out-of-state 33% Source: U.S. Census 2000 Source: 2009 ACS, 2000 Census Employment and Wages Transportation Road Access U.S. Routes State Routes 28, 102, 111, 121, 28 Bypass 2010 Industry Annual Average Employment I-93, Exit 4 (1 mile) Total, All Industries 7,750 Railroad No Public Transportation Yes, C.A.R.T. Van Nearest Airport with Scheduled Service Manchester-Boston Regional GoodsProducing 842 Nearest Interstate, Exit Driving Distance to Selected Cities: Manchester, NH Concord, NH Portsmouth, NH Boston, MA Portland, ME New York City, NY Montreal, Quebec ServiceProviding 5,846 Average Weekly Wage $768 $1,066 $699 Source: NH Employment Security ELMIB 13 miles 28 miles 28 miles 43 miles 94 miles 246 miles 269 miles Source: NH Employment Security ELMIB Source: NH Employment Security ELMIB Sources for graphics: Heading and Seal: Town Website - State of NH and County Map: ELMIB - SNHPC Region: SNHPC 4
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