How equitable is school funding in New Hampshire?

The average funding equity score for New Hampshire school districts is 51 out of 100, compared to the national average of 49. This score considers per-pupil spending, need-adjusted spending, funding source diversity, and student-teacher ratios.

What does the equity score measure?

The equity score (0-100) measures four dimensions: per-pupil spending level, need-adjusted spending (rewarding districts that spend more where poverty is higher), funding diversity (less reliance on local property taxes), and resource access (lower student-teacher ratios).

New Hampshire · NCES F-33 finance data

School Funding Equity in New Hampshire

114 districts ranked by how equitably school funding is distributed, scored from NCES F-33 school finance data covering districts in all 50 states.

Compiled by PlainSchools, Education-data publisher · August 26, 2026

The equity picture in one line

Moultonborough School District ranks first in New Hampshire for funding equity at 93/100, in a state whose districts average 51 against a national average of 49.

93/100
top score (Moultonborough School District): $32,840
per-pupil spending in the top district: 25
districts scoring 70 or higher: 21
districts below 30

#	District	Enrollment	$/Pupil	Free Lunch	Local Rev %	Score
1	Moultonborough School District	488	$32,840	18.1%	54.7%	93
2	White Mountains Regional School District	979	$26,287	33.6%	47.1%	91
3	Hinsdale School District	527	$27,254	32.4%	46.8%	90
4	Littleton School District	653	$26,757	43.3%	54.1%	89
5	Lincoln-Woodstock Cooperative School District	269	$29,004	19.3%	60.5%	89
6	Lisbon Regional School District	275	$25,600	27.8%	49.4%	87
7	Newport School District	819	$23,673	42.8%	42.2%	85
8	Seabrook School District	663	$25,916	39.9%	67.2%	80
9	Plymouth School District	388	$25,111	31.5%	59.8%	80
10	Allenstown School District	339	$25,746	33.4%	43.9%	80
11	Profile School District	213	$27,333	24.6%	69.1%	80
12	Contoocook Valley School District	1,975	$27,086	18.4%	67.0%	78
13	Rye School District	400	$29,613	2.3%	67.1%	77
14	Winchester School District	365	$25,159	47.9%	49.9%	77
15	Berlin School District	1,023	$23,015	42.5%	29.9%	76
16	Campton School District	280	$26,046	28.2%	67.3%	76
17	Hillsboro-Deering Cooperative School District	1,046	$24,312	27.4%	53.3%	75
18	Inter-Lakes Cooperative School District	918	$31,036	22.2%	70.3%	74
19	Governor Wentworth Regional School District	2,137	$24,829	23.9%	62.8%	73
20	Chichester School District	200	$27,630	12.2%	70.2%	73
21	Sunapee School District	375	$34,037	17.0%	72.9%	72
22	Colebrook School District	316	$22,864	21.4%	55.4%	72
23	Haverhill Cooperative School District	653	$22,398	26.2%	53.6%	70
24	North Hampton School District	304	$30,829	2.6%	79.0%	70
25	Plainfield School District	208	$30,298	2.9%	74.2%	70
26	Claremont School District	1,675	$23,049	39.3%	45.2%	69
27	Alton School District	420	$27,336	15.6%	72.5%	68
28	Northumberland School District	323	$20,505	31.0%	38.1%	68
29	Franklin School District	938	$20,230	49.1%	26.7%	67
30	Farmington School District	797	$20,954	29.7%	42.5%	67
31	Fall Mountain Regional School District	1,425	$23,881	30.2%	56.1%	66
32	Mascoma Valley Regional School District	1,098	$25,410	25.1%	67.4%	65
33	Winnacunnet Cooperative School District	1,072	$25,799	14.2%	70.0%	65
34	Laconia School District	1,834	$21,953	41.3%	52.6%	64
35	Concord School District	4,037	$24,406	30.8%	63.1%	63
36	Epsom School District	394	$25,157	14.3%	65.5%	63
37	Kearsarge Regional School District	1,734	$24,958	13.9%	69.9%	62
38	Somersworth School District	1,336	$22,157	33.3%	49.1%	62
39	Hampton School District	949	$25,125	12.4%	73.3%	62
40	Jaffrey-Rindge Cooperative School District	1,238	$20,981	18.9%	56.5%	60
41	Portsmouth School District	2,490	$25,059	14.9%	69.8%	59
42	Exeter School District	833	$26,906	11.5%	75.1%	59
43	Gorham Randolph Shelburne Cooperative School District	383	$21,556	18.1%	59.3%	56
44	Candia School District	283	$26,042	12.1%	72.5%	56
45	Chesterfield School District	264	$24,348	9.5%	71.0%	56
46	Pittsfield School District	525	$21,890	35.2%	38.6%	55
47	Monadnock Regional School District	1,634	$21,918	29.4%	49.5%	54
48	Conway School District	1,541	$22,818	27.9%	69.2%	54
49	Epping School District	887	$22,737	16.8%	67.4%	54
50	Milton School District	513	$22,300	28.4%	54.8%	54
51	Shaker Regional School District	1,168	$21,789	22.5%	62.9%	53
52	Souhegan Cooperative School District	704	$25,723	6.9%	78.4%	53
53	Dresden School District	1,017	$26,057	4.0%	88.9%	52
54	Newmarket School District	970	$23,454	14.2%	70.7%	52
55	Hanover School District	455	$28,363	3.3%	78.3%	52
56	Northwood School District	391	$23,558	14.4%	65.6%	52
57	Greenland School District	373	$25,142	2.2%	76.7%	52
58	Sanborn Regional School District	1,400	$24,731	6.2%	74.3%	51
59	Lebanon School District	1,638	$25,858	22.3%	77.4%	50
60	Hampstead School District	836	$28,194	4.9%	76.8%	50
61	Wilton-Lyndeborough Cooperative School District	565	$21,492	23.8%	70.6%	49
62	Gilmanton School District	365	$23,079	10.4%	72.9%	49
63	Henniker School District	401	$21,873	14.3%	64.0%	47
64	Pemi-Baker Regional School District	652	$22,991	21.8%	67.1%	46
65	Stratham School District	521	$25,603	5.4%	78.2%	45
66	Manchester School District	12,105	$18,014	43.7%	41.8%	44
67	Winnisquam Regional School District	1,302	$19,705	30.6%	47.9%	44
68	Newfound Area School District	1,171	$21,003	23.2%	58.3%	44
69	Barnstead School District	471	$20,369	20.9%	60.1%	44
70	Wakefield School District	456	$18,857	23.3%	56.2%	44
71	Fremont School District	380	$22,476	9.3%	71.9%	44
72	Exeter Region Cooperative School District	2,406	$24,821	5.8%	72.4%	43
73	Raymond School District	1,181	$22,322	12.4%	60.4%	42
74	Derry Cooperative School District	3,135	$22,014	16.3%	57.7%	41
75	Milford School District	2,131	$20,617	11.4%	67.2%	41
76	Pembroke School District	1,436	$19,135	16.3%	64.7%	41
77	Deerfield School District	533	$22,053	8.0%	69.1%	41
78	Mascenic Regional School District	920	$18,755	15.0%	47.6%	40
79	John Stark Regional School District	612	$21,845	11.5%	65.6%	40
80	Nashua School District	10,004	$19,168	31.6%	55.0%	39
81	Merrimack Valley School District	2,242	$19,273	20.6%	57.9%	39
82	Keene School District	3,064	$19,936	29.3%	65.5%	36
83	Gilford School District	1,126	$21,371	12.8%	75.5%	36
84	Strafford School District	403	$18,911	12.9%	68.9%	36
85	Rochester School District	3,943	$18,146	36.5%	50.5%	35
86	Hopkinton School District	940	$23,087	4.7%	73.9%	35
87	Chester School District	505	$19,469	4.4%	64.4%	35
88	Londonderry School District	4,128	$20,750	9.5%	71.4%	32
89	Dover School District	3,778	$19,118	22.6%	64.7%	32
90	Litchfield School District	1,207	$18,942	7.8%	61.3%	31
91	Merrimack School District	3,570	$21,779	6.7%	71.4%	30
92	Amherst School District	1,348	$22,365	4.6%	76.1%	30
93	Grantham School District	271	$23,520	4.1%	75.2%	30
94	Oyster River Coop School District	2,146	$22,976	7.5%	75.6%	29
95	Weare School District	897	$18,444	14.4%	52.8%	29
96	Brentwood School District	293	$20,549	6.8%	74.1%	29
97	Salem School District	3,611	$19,887	11.4%	63.7%	28
98	Hooksett School District	1,265	$21,035	13.6%	69.7%	28
99	Brookline School District	582	$18,100	2.7%	62.9%	28
100	Timberlane Regional School District	3,316	$21,048	5.5%	71.6%	27
101	Hollis-Brookline Cooperative School District	1,141	$21,287	3.0%	70.7%	27
102	Hudson School District	3,065	$18,997	11.5%	65.3%	25
103	Mont Vernon School District	211	$21,839	4.3%	71.8%	24
104	Pelham School District	1,688	$18,707	6.1%	71.6%	23
105	Hollis School District	666	$21,260	2.8%	75.5%	21
106	Barrington School District	951	$19,284	8.1%	68.4%	20
107	New Boston School District	514	$18,467	8.8%	69.0%	19
108	Bedford School District	4,169	$18,552	5.3%	70.0%	18
109	Goffstown School District	2,773	$16,886	11.5%	67.3%	18
110	Dunbarton School District	255	$18,859	3.1%	70.3%	15
111	Nottingham School District	507	$19,704	6.9%	74.7%	12
112	Bow School District	1,665	$18,784	3.8%	71.1%	11
113	Auburn School District	659	$16,763	4.6%	70.4%	10
114	Windham School District	3,013	$18,379	1.9%	71.7%	9

How the Equity Score Works

The equity score (0-100) evaluates four dimensions of school funding fairness. According to the National Center for Education Statistics F-33 Finance Survey (FY 2022-23), which covers more than 17,000 districts nationwide, local property wealth drives most of the spending differences the score captures; our methodology documents each weight:

Per-Pupil Spending (0-25)

Higher spending relative to peers

Need-Adjusted Spending (0-25)

Spending weighted by poverty level, rewards districts that spend more where need is greatest

Funding Diversity (0-25)

Less reliance on local property taxes, more state/federal support

Resource Access (0-25)

Lower student-teacher ratios = more individualized attention

National Equity Rankings → ← Back to New Hampshire

Read our methodology - how this data is sourced, computed, and verified.