The city also is at the hub of a metropolitan region that includes several small cities and many towns. Settled in 1623, Portsmouth lays claim to being the nation's third-oldest city. It served as a focal point on the Eastern seaboard until the late 1800s when rail travel did in the shipping industry. The region is noted for its many restaurants , attractions and shopping opportunities, which include outlet malls in North Hampton and in Kittery, Maine, as well as major malls in Newington, New Hampshire. The local economy is currently very strong.
Unemployment is very low, housing costs are high, and the vacancy rate is very low.
Many computer-related businesses have sprung up locally, and the redevelopment of Pease Air Force Base is generating new job opportunties. Sarah Orne Jewett House. Museums - Addresses and hours for museums from the U.S.S. Albacore Submarine Park to the Seacoast Science Center in Odiorne Point State Park. The Music Hall of Portsmouth - Web site for the region's leading concert venue.