New Hampshire Property Tax Rates, Estimated Taxes Paid, and Median Home Values

How to Calculate Your NH Property Tax Bill

Property tax bills in New Hampshire are determined using these factors:

1. The property's assessed value

2. The tax rate where the property is located

For example, the owner of a home with an assessed value of $300,000 in a town where the tax rate is $23.06 would receive a bill of $6,910.

$300,000 / $1,000 = $300 x $23.06 = $6,910 (tax bill)

Here's a breakdown of the calculation:

1. The assessed value ($300,000) is divided by $1,000 (since the tax rate is based on every $1,000 of the property's assessed value).

2. Multiply the result ($300) by the local tax rate ($23.06).

3. The result ($6,910) is the homeowner's property tax bill.