Hampton
Expert Debt Relief & Consumer Proposal Solutions
Hampton, debt relief, New Brunswick
Hampton, located in the Kennebecasis Valley, offers scenic beauty and outdoor activities but poses financial challenges for its residents. With a population of 3,000-4,400, many are families and seniors facing rising healthcare and living costs. Limited job opportunities and commuting expenses exacerbate financial strain, making debt relief options like consumer proposals or debt management essential for those struggling.
City: Hampton
Province/Territory: New Brunswick (NB), Canada
Est. Population: 4,395
Financial Challenges
Living in Hampton can be tough for people who are having money problems. Many seniors live there, and they often have to spend a lot on healthcare and medicines. Families with kids also face expenses like school supplies, activities, and childcare, which can make it hard to save money. Additionally, since some people have to travel to nearby Saint John for work, the costs of gas and transportation add up, making their budgets even tighter.
Working in Hampton might not always provide enough income to cover all these costs. There are limited job opportunities within the town, so relying on jobs in a bigger city means spending more money on commuting. Housing can also be expensive, especially for families who need larger homes. All these factors together make it difficult for people in Hampton who are struggling financially to make ends meet and save for the future.
Debt Relief Solutions Available
Financial Planning
Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.
Find out more about Financial PlanningDebt Management Plan
A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.
Find out more about Debt ManagementDebt Consolidation
Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.
Find out more about Debt ConsolidationDebt Settlement
Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.
Find out more about Consumer ProposalsBankruptcy
Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.
Find out more about Bankruptcy
*Illustration of Hampton, New Brunswick
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
Item | Description | Estimated |
---|---|---|
Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 2,066 |
Living in poverty | Number of residents who are living in poverty | 488 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 48 |
Insolvencies | Number of residents who filed for insolvency | 11 |
Consumer proposal | Number of residents who filed for a consumer proposal | 8 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 3 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Downtown Hampton
The heart of the town, Downtown Hampton features a mix of quaint shops, local eateries, and cultural attractions. It’s a hub for community events and offers easy access to various services.Hampton Village
A family-friendly neighborhood known for its well-maintained parks and recreational facilities. Hampton Village is popular among young families due to its spacious homes and close-knit community atmosphere.Riverfront Area
Situated along the Kennebecasis River, this scenic area offers beautiful views and walking trails. It’s perfect for outdoor activities such as fishing, kayaking, and picnicking, making it a favorite spot for nature lovers.Riverside Drive
A lovely residential area lined with mature trees and waterfront properties. Riverside Drive is ideal for those seeking a tranquil environment while still being close to local amenities and services.Canning Road
Known for its rural charm, Canning Road features larger lots and a more rustic feel. This neighborhood is appealing to those who enjoy a quieter lifestyle surrounded by natural beauty, with easy access to the town’s main attractions.Hampton Heights
A newer development that boasts modern homes and family-friendly amenities. Hampton Heights is sought after for its community parks, playgrounds, and proximity to schools, making it a popular choice for growing families.

Illustration of Hampton, New Brunswick, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Hampton, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $850 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,200 |
Average Home Price | Average price to purchase a home | $288,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
Food (Single) | Monthly grocery cost for a single person | $300 |
Food (Family) | Monthly grocery cost for a family of four | $850 |
Healthcare (Rx) | Monthly cost for prescription medications | $35 |
Healthcare (Dental) | Monthly cost for dental care | $200 |
Healthcare (Vision) | Monthly cost for vision care | $225 |
Transportation (Public) | Monthly cost for public transit | $850 |
Transportation (Car) | Monthly cost for car ownership | $550 |
Childcare (Daycare) | Monthly cost for daycare | $900 |
Childcare (After-School) | Monthly cost for after-school programs | $350 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in Hampton, New Brunswick?
- How does the job market in Hampton compare to other cities in New Brunswick?
- What are the typical housing prices in Hampton, and how have they changed over the past few years?
- What financial assistance programs are available for residents in Hampton?
- How has the economic outlook for Hampton changed recently, particularly in response to local developments?
- What are the average salaries for various professions in Hampton, New Brunswick?
- What are the primary financial challenges faced by residents living in Hampton?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the picturesque Kennebecasis Valley, this town is known for its beautiful river scenery and outdoor activities. With a population between 3,000 and 4,400, it has a mix of families and seniors, creating a friendly community atmosphere. The area enjoys four distinct seasons, which makes it great for year-round activities like hiking, skiing, and fishing. Local events and festivals help foster relationships among residents, and the town is close to larger cities, offering convenient access to additional services and entertainment. With its charming parks and recreational facilities, it’s a nice place for people looking for a quiet, family-oriented lifestyle.
Eliminate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!