Free property tax calculator tailored for New Hampshire (NH). Calculate instantly with state-specific rates and rules.
New Hampshire has an effective property tax rate of 1.93%, producing an average annual bill of $6,097. The US national average is 1.07% — New Hampshire's rate is well above the national average, placing it at rank #48 out of 50 states (rank 1 = lowest).
New Hampshire has no state income tax and no broad sales tax, making property taxes the primary mechanism for funding schools, roads, and services. All property is assessed at 100% of fair market value by municipality. The state levies an education property tax of $2.10/$1,000 of equalized value.
Elderly, blind, and disabled exemptions vary by municipality but can reduce assessed value by $10,000-$120,000+ depending on local ordinance. The Veterans' Tax Credit provides a $100-$500 reduction in annual tax bills.
No statewide cap on assessment increases. Municipalities in southern New Hampshire (Rockingham County, Hillsborough County) have seen rapid appreciation driven by Boston-area remote workers, pushing tax bills higher.
New Hampshire's "Live Free or Die" motto includes no income tax and no sales tax — but property owners pay for it. The state consistently ranks in the top 3 highest property tax states by effective rate.
The median home value in New Hampshire is $450,000. Southern New Hampshire has become an extension of the Greater Boston housing market, with prices up 40-50% since 2020. Manchester and Nashua are key feeder markets for Boston commuters and remote workers. At the 1.93% effective rate, a homeowner at the median value pays roughly $6,097/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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