Skip to content

New Hampshire real estate tax

March 25, 2009

The property tax paid by a NH home owner is the total tax rate times the assessed value of the property in thousands. A house worth $300,000 in Claremont would be taxed at a yearly $32.59 * 300 = $9,777 while the same property owner in Moultonborough would pay only $7.66 * 300 = $2,298 in yearly NH real estate taxes.

The total tax is the sum of the town tax, the local education tax, the state education tax and county tax.

The top 10 towns with the highest total tax rate in New Hampshire are:

Municipality Valuation Town Tax Local Edu. Tax State Edu. Tax County Tax Total Tax
Claremont $727,926,903 12.93 14.09 2.58 2.99 32.59
Berlin $468,919,442 14.9 9.37 2.34 3.21 29.82
Sullivan $49,668,136 8.15 16.11 2.45 3.03 29.74
Troy $112,045,097 9.22 14.02 2.58 3.21 29.03
Winchester $281,468,836 7.01 16.22 2.27 2.77 28.27
Swanzey $481,923,509 4.16 17.7 2.68 3.3 27.84
Keene $1,927,581,987 10.62 11.95 2.22 2.61 27.4
Lisbon $113,782,367 10.68 12.73 2.34 1.53 27.28
Allenstown $287,847,157 6.38 15.89 2.36 2.56 27.19
Henniker $406,193,403 6.86 15.29 2.38 2.63 27.16

The lowest town taxes are paid in:

Municipality Valuation Town Tax Local Edu. Tax State Edu. Tax County Tax Total Tax
Lincoln $851,777,575 3.18 1.83 2.15 1.34 8.5
Bridgewater $371,923,400 2.3 2.28 2.1 1.46 8.14
Bartlett $1,061,253,896 0.93 4.06 2.21 0.91 8.11
Tuftonboro $1,045,982,823 1.9 2.66 2.39 1 7.95
Hebron $282,296,231 3.56 0.72 2.14 1.39 7.81
Moultonborough $2,835,244,439 2.32 2.16 2.21 0.97 7.66
Hart’s Location $15,158,417 0.01 3.5 2.21 0.93 6.65
New Castle $706,358,593 1.41 0.58 1.77 0.92 4.68
Hale’s Location $73,854,900 1.69 -1.46 2.16 1.04 3.43
Wentworth Location $9,574,280 -4.88 2 2.14 3.55 2.81

New Hampshire towns where home owners pay the highest local education tax:

Municipality Valuation Town Tax Local Edu. Tax State Edu. Tax County Tax Total Tax
Swanzey $481,923,509 4.16 17.7 2.68 3.3 27.84
Brookline $571,375,575 4.78 16.38 2.11 0.97 24.24
Winchester $281,468,836 7.01 16.22 2.27 2.77 28.27
Sullivan $49,668,136 8.15 16.11 2.45 3.03 29.74
Lee $487,700,712 5.21 16 2.18 2.18 25.57
Mont Vernon $257,252,300 4.09 15.9 2.42 1.11 23.52
Allenstown $287,847,157 6.38 15.89 2.36 2.56 27.19
Durham $886,671,149 6.52 15.74 2.26 2.15 26.67
Fremont $427,227,039 3.7 15.74 2.22 0.9 22.56
Richmond $98,306,440 3.45 15.36 2.31 2.85 23.97

To compensate, there is no sales tax in New Hampshire and W2 personal income is not taxed either, which makes NH the 7th state with the lowest tax burden in the nation.

resource:   http://www.nh.gov/revenue/munc_prop/documents/2008taxratereport.doc

About these ads
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: