Property Tax in New Hampshire (2026): Rates, Exemptions, and Real Numbers

New Hampshire Property Tax Rates by County

Highest and lowest effective rates within New Hampshire

Property Tax Calculator — New Hampshire

Pre-loaded with New Hampshire's 1.86% effective rate and $462,200 median price

Property Tax by City in New Hampshire

Annual and monthly property tax by city, based on local median prices and the statewide effective rate

New Hampshire Homestead Exemption

How New Hampshire Assesses Property Values

Assessment cycle: Annual assessment by municipal assessors at 100% of fair market value.

Property Tax's Impact on Your True Monthly Cost

On a $462,200 home in New Hampshire

Property tax represents 18% of the true monthly cost in New Hampshire.

Mortgage Calculator Including Property Tax — New Hampshire

See your full PITI (principal, interest, taxes, insurance) payment

How New Hampshire's Property Tax Affects Affordability

$716/month in property tax reduces the home price you can afford. Use the affordability calculator to see the real impact.

Property Tax After Refinancing in New Hampshire

Refinancing changes your P&I but not your property tax. If your home was reassessed at a higher value, your tax bill increases regardless of your rate.

Frequently Asked Questions

What is the property tax rate in New Hampshire?

New Hampshire's effective property tax rate is 1.86%, ranking #3 nationally. The median annual property tax bill is $8,597 ($716/month). Rates range from 1.24% in Carroll County to 2.34% in Strafford County. Source: Tax Foundation Property Taxes by State 2024.

Does New Hampshire have a homestead exemption?

Yes — New Hampshire offers a homestead exemption for primary residences. No state income tax or sales tax — property tax is NH's primary revenue source, making it among the highest in the nation. Elderly Exemption available for homeowners 65–75 ($78,000 assessed value), 75–80 ($104,000), and 80+ ($130,000) with qualifying income limits. No general homestead exemption.. Apply through your county assessor's office after purchasing your home.

How often is property reassessed in New Hampshire?

New Hampshire reassesses property on a annual assessment by municipal assessors at 100% of fair market value. basis. When your property is reassessed, your tax bill changes based on the new assessed value multiplied by the applicable rate. If you believe your assessment is too high, you can appeal — most counties allow 30-90 days after receiving your assessment notice.

How is property tax calculated in New Hampshire?

Property tax = Assessed Value × Mill Rate (or effective rate). In New Hampshire, the effective rate is 1.86% of market value. On a $462,200 home: $462,200 × 1.86% = $8,597/year. Assessments may use a fraction of market value — the effective rate accounts for this.

Can I appeal my property tax assessment in New Hampshire?

Yes. If your assessed value is higher than comparable sales in your area, you can file an appeal with your county assessment board. Steps: (1) Get your assessment notice, (2) Research comparable recent sales, (3) File an appeal by the deadline (typically 30-90 days from assessment notice). Studies show 20-40% of appeals result in a reduction. The process is free and you represent yourself — no attorney required.

Are property taxes included in my mortgage payment in New Hampshire?

Most lenders require an escrow account that collects $716/month ($8,597/year ÷ 12) along with your mortgage payment, then pays the county on your behalf. If your loan-to-value is below 80%, you may be able to opt out of escrow and pay taxes directly. Note: if your assessed value rises, your escrow payment adjusts and your total monthly cost increases.

What New Hampshire counties have the highest and lowest property taxes?

New Hampshire's highest effective rate is in Strafford County at 2.34%. The lowest is Carroll County at 1.24%. That's a 1.10% spread — on a $462,200 home, the difference is $5,084/year.